Apartments for Rent in Denver, CO (2024)

The "Mile-High City" has a lot of things to recommend it. The beautiful Colorado scenery, great city amenities and the world class University of Denver make this a very appealing city for people considering relocation. The city proper is home to nearly 650,000, but the total metropolitan area has closer to 2.7 million people. Denver's origins are as a mining town, but it has developed into a booming metropolis that is home to a number of thriving industries. The mid-country location has turned it into an ideal transportation and distribution hub. Health care is also a major industry in the city, with three of the top ten employers being involved in the health industries.

When to Search

Denver is a large enough city that you can often find a good place for rent. However, the winters in Denver can be harsh. This means that a lot of people flee for warmer climates, or are not eager to move to Denver during the harsh winter months. As a result, this is a great time to look for an apartment.

Staying in the Know

When you apply for an apartment in Denver, remember how important location is. The city is large and commuting can be a very large draw on your time. Take the time to map out your potential apartments and where you need to work or study before you even reach out to landlords.

Life in Denver

Transportation

Denver's light rail system does not provide coverage to the entire city, but it does offer a very quick way to get around if you're traveling to destinations near a stop. The Regional Transportation District also provides bus routes throughout the city. Downtown, bike lanes make transportation by bicycle a great option, and the city operates a bike share program for people who don't have their own bike.

Where to play

Denver is home to professional sports franchises in the NHL, MLB, MLS, NBA and NFL. For free entertainment, visit beautiful City Park, which includes two lakes right within the city. Larimer Square is both a culturally rich district and one of the best places to shop in Denver. Colorado is a huge producer of beer, and beer culture is alive and well in Denver. Lower Downtown, or LoDo, is the best place to go enjoy some of Denver's passion for beer.

Attractions

The Mile-High City is home to every kind of attraction you could want. If it's nature you want, then you need to head up Mount Evans. If you prefer to experience some world-renowned cultural performances, then the Denver Center for the Performing Arts is where you'll be headed. If you're a sports fan, then you can take your pick between which professional team you'd like to support. If none of that is up your alley, then you can visit the massive State Capitol building. The gilded dome on top of the building can be seen from miles away. Curiously, it is the 13th step on the main building that is the point in the city that sits exactly a single mile above sea level.

Dining

The Kitchen Denver is modeled after it's sister restaurant in Boulder. The food is all sourced from the local community, providing diners with a sustainable, ethical, and delicious meal. If you're looking for something a little different, Euclid Hall is known for it's adventurous menu items. They also are known for suggesting beer pairings with all of their menu items. One of the most highly regarded restaurants in Denver is called Fruition. This American restaurant tries to use fresh and local ingredients while making great service for customers a top priority. Getting in can be a little tricky however, so make sure to make a reservation well ahead of time.

Bars

If you're looking for a fantastic craft co*cktail, then you need to visit Williams & Graham. The bar models itself after a prohibition speakeasy, and the result is beautiful. Craft beer enthusiasts have a lot to choose from, but the Falling Rack Tap House is certainly one of the best. There are typically 85 different beers available on tap. Rackhouse Pub is a good bet for both whiskey and beer drinkers. The beer at this bar tends to focus on State breweries, with only one or two taps typically dedicated to beers made within Colorado. Rackhouse also has a reputation for one of the friendliest staffs around.

Culture

Denver is widely recognized as being a city that is a great supporter of arts and cultural institutions. The Denver Art Museum is the type of institution that gets global attention for the quality of it's exhibits and permanent collection. The First Friday Art Walks are also a great way to get acquainted with the rich cultural scene in Denver. All of the parts of town that have any notable art scene feature an art walk on the first Friday of each month. The Art District on Santa Fe, the Golden Triangle Museum District, the River North Art District and more participate in this tradition.

Events

Denver is host to all kinds of events throughout the year. For example, the Downtown Denver Arts Festival is hosted in the Denver Center for the Performing Arts. The annual event gives Denver artists a great chance to present their work to the community. If you're a fan of anything sci-fi or comic book related, the Denver Comic Con is sure to draw your attention. In 2014, the event attracted more than 85,000 people. Denver is also host to a number of food and drink oriented annual events, including the Denver International Wine Festival, which takes place in November, and the Summer Brew Fest, which focuses on local craft beers.

Shopping

The Cherry Creek Shopping District is widely recognized as one of the best places in Denver if you're ready to do some serious shopping. This area is so popular for shopping because it combines the best of both shopping worlds. First, you have the Cherry Creek Shopping Center, which offers a traditional mall experience with high-end retailers like Neiman Markus and Tiffany & Company. However, you also are right by Cherry Creek North, where hundreds of independent shops and restaurants line the streets. Highlands Square is another neighbourhood with some excellent independent shopping, and many of the stores and restaurants have ties to Hispanic culture.

Sports

Denver is home to a major sports franchise in all four major leagues. In the NFL, the Denver Broncos are one of the most popular teams in the entire league. The team has played in some of the most exciting playoff games for the last several years, and is a perennial contender. The Colorado Rockies who play at Coors Field are the local MLB team. The Denver Nuggets represent the city in the NBA, and the Colorado Avalanche represents the city and the state in the NHL. The city is also home to a professional soccer franchise in the MLS, the Colorado Rapids.

Outdoors

The Rocky Mountains that surround Denver provide you with limitless opportunities to enjoy the great outdoors. Mount Evans is a beautiful place to visit, and the Mount Evans scenic byway provides some breathtaking views of the Rockies. Washington Park allows you to enjoy nature within the city, and has great paths for bikes and walkers. You can also rent canoes to get out on the lake. If you're’ a skier, you will love the winters in Denver, as the mountains are full of nearby ski resorts. Echo Mountain, Loveland, and Winter Park are all within a very short drive of downtown Denver.

Apartments for Rent in Denver, CO (2024)

FAQs

Are apartment rents going down in Denver? ›

Welcome to the Apartment List June 2024 Rent Report for Denver, CO. Currently, the overall median rent in the city stands at $1,787, after rising 0.8% last month. Prices remain down 0.3% year-over-year.

What is the rental vacancy rate in Denver? ›

Within the Denver metropolitan area, median rents ranged from $1,567 in Westminster, to $2,961 in Highlands Ranch. The vacancy rate in the Denver metropolitan area for the fourth quarter of 2023 was 5.60%. This represents an increase of 0.40 percentage points from the previous quarter.

Is it expensive to rent in Denver? ›

The average rent for apartments in Denver, CO, is between $1,847 and $2,697 in 2024. For a studio apartment in Denver, CO, the average rent is $1,847. When it comes to 1-bedroom apartments, the average rent in Denver, CO, is $2,123. For a 2-bedroom apartment, the average rent is $2,697.

How to look for housing in Denver? ›

Search on ColoradoHousingSearch.com to find available affordable rental opportunities throughout the state. You can also find renter FAQs, tools, and other resources. The City and County of Denver provides financing on rental projects.

What is a good salary in Denver, Colorado? ›

The median salary in Denver, CO is $66,516, with 80% of salaries falling between $34,800 and $143,550. Salaries in Denver, CO are generally above the national average.

Can you negotiate rent in Denver? ›

Many items in the lease are negotiable and can be changed if you and the landlord both agree. The two most common things that people try to negotiate are the term and the rent.

What is the highest rent in Denver? ›

The most expensive rental apartment listed on Zillow right now is a penthouse at The Coloradan with a price tag of $15,000 per month, a deal compared to the $19,500 it was listed for in November 2023. The apartment building is located at 1750 Wewatta St. in downtown Denver.

What is the maximum rent increase in Denver? ›

There is no statewide rent control in Colorado, which means that in most cases, there are no specific legal caps on the amount a landlord can increase rent. However, landlords must adhere to the notice period requirements before increasing rent.

How many vacant apartments are there in Denver? ›

Roughly 24,000 apartment units of the more than 414,000 in the seven-county Denver metro area were empty at the end of 2023. That's based on data from a quarterly report from the Colorado Apartment Association that uses research from Apartment Insights.

Is it smart to move to Denver? ›

Career opportunities:Forbes ranks Denver as the 4th best place for careers and businesses because of its growing technology and telecommunications industries. Outdoor activities:Denver's proximity to the Rocky Mountains makes it a great place for skiing, hiking, mountain biking and rafting.

How much do you need to make an hour to live in Denver? ›

Salary needed to live comfortably in Colorado cities
RankCityHourly wage needed for a single adult
Colorado Springs$46.0695,805
Denver$51.24106,579
Aurora$52.94110,115
Mar 21, 2024

Where is the best place to live in Denver? ›

Best Denver Neighborhoods
  • Belcaro – Larger lots near Cherry Creek and Washington Park w/winding streets.
  • Bonnie Brae – New & older homes from Tudors to McMansions near Washington Park.
  • Central Park/Formerly Stapleton – Redone airport to urban chic. ...
  • Cheesman Park – Victorians, condos & historic areas.

Is it hard to rent an apartment in Denver? ›

Finding an apartment in Denver, Colorado can be a challenging but rewarding experience. By determining your preferences, setting a budget, and using online resources to explore neighborhoods and apartment listings, you'll be well on your way to finding the perfect place to call home.

Who qualifies for affordable housing in Denver? ›

Income Limits
Percent1 Person4 Person
Percent 40%1 Person $34,7604 Person $49,640
Percent 50%1 Person $43,4504 Person $62,050
Percent 60%1 Person $52,1404 Person $74,460
Percent 80%1 Person $69,5204 Person $99,280
1 more row

Is rent going down in Denver in 2024? ›

Key Points: Average rental rates for multi-family properties are down, while rental rates for single family homes are up. Rental demand is decreasing while rental supply is increasing.

Are Denver housing prices going down? ›

Zillow is predicting Denver metro home values will drop 1.3% this year, while Colorado Springs home values will be down 0.6%. Nationally, Zillow is calling for home values to remain flat. Realtor.com predicts Denver is in store for a larger 5.1% decline in prices and a 15.3% drop in sales from a weak 2023.

Why are apartments so expensive in Colorado? ›

Conclusion. Though the cost of living in Colorado is high, demand for real estate remains steady due to the state's natural beauty and outdoor recreation opportunities. However, supply remains low because of strict zoning laws. Mortgage rates are higher than average but so are real estate taxes.

Is there a housing crisis in Denver? ›

But even lower interest rates aren't a solve for Denver's housing shortage. Hines compared the stock of existing homes, either to rent or buy, with the city population's housing demand and found it came up short. Denver needs 53,000 more homes to meet residents' needs, according to Hines data quoted in Axios.

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