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How to find a Denver apartment on a holiday weekend

Sometimes long holiday weekends are the best time to rent Denver apartments.  Apartment Guyz can arrange tours on most holidays, and can also seek out holiday apartment deals.  Take advantage of your holiday, book your apartment so you don’t have to use vacation days to move, and get a better deal!

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Lakewood Two Bedroom Apartment on Light Rail

The best Lakewood apartments are difficult to find available right now, but Apartment Guyz has the Lakewood apartment you’re looking for.  Many easily accessible to Downtown Denver thanks to the newest light rail W line.  One bedroom apartments with W/D included from $900 and two bedroom renovated apartments including w/d from $1245.

Broomfield Colorado apartments

A closer look at the Broomfield Market

Broomfield Colorado apartments are going up in price and down in vacancy.  Broomfield county has the largest rent increase in the Denver-metro in the last year.  Vacancy rates continue to drop even though some new apartments in bordering towns like Louisville and Lafayette have new apartments for rent adding to the amount of rentals in the Broomfield, Westminster, Louisville, Superior and Boulder areas.

To find a good deal on a Broomfield apartment isn’t easy.  broomfield, co apartments

Major employers like Storage Tek and Level 3 are consistently bringing new employees to the area.  That’s why using a company like Apartment Z to find your apartment in northwest Denver, or the entire Denver metro for that matter, is the smart approach.

Apartment GuyZ monitors rents on thousands of Denver apartments on a daily basis and will make sure you get the nicest apartment for the least amount of money.

Interested in learning more or getting started in finding a Broomfield apartment? Contact us online today.

Best way to find rentals in Denver

Apartment Guyz is a long time Denver favorite for finding Denver rentals.  Offering free apartment finding assistance and free employee relocation assistance because landlords pay Apartment Guyz to fill vacancies fast.  Get third party impartial advice and matched up with rentals that best fit your needs.

Apartment Guyz hosts hundreds of listings renters can browse online at RentApartments.info.

Vacancy rates continue to rise in Denver, but with the addition of dozens of new apartment communities there is always a good deal to find on apartments, lofts, and townhomes.  Google search Apartment Guyz, read our reviews, and give us a call.

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Condo Rental 1 Bed 1.5 Bath Plus Den and Garage

Small upscale building one block from Historic Downtown Littleton and 4 blocks to the light rail.  Currently 100% leased but taking waitlist applications.

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Downtown Denver Rentals

Downtown Denver apartment and loft rentals. Apartment GuyZ works with several communities offering 1, 2 and 2- bedroom plus den rentals in upscale communities with parking and washer/dryers.

Nice sized apartments, great amenities, best downtown Denver locations!

Affordable Luxury Aurora Apartments

Aurora apartments newly renovated are available now through mid September.  Some are very close to light rail and many with washer and dryer included.  Find the best Aurora apartments for less, call Apartment Guyz.

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Where are you moving from?
Moving To ?
Please enter the city in the Denver metro you prefer to move to. If unknown just enter Denver or unsure.
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?
If you have some zip codes in mind please enter here.
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Please describe the area or type of area you'd like. ?
We can help match you up by area you prefer or personality. (Urban, suburban, social, quiet etc.)
Desired Move-in Date
Absolute max rent:
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We don't want to waste your time, please give us the absolute maximum you are willing or able to pay. We'll always try to come in cheaper.
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Average rents in Denver hit $1049.

Are you curious about the average rental rates in Denver?  As of October 2013 the average rental rate in Denver is $1049, up 6% since October 2012.

Average price of a 1 bedroom in Denver:

Low End Low:  $750
Luxury High: $1450

Average price of 2 bedrooms in Denver:

Low End Low:  $950
Luxury High:  $1845

Almost 3,000 new apartments have been added this year but vacancy is still hovering around 5% because many older apartment communities are renovating keeping vacant apartments off the market for longer periods, and new construction apartments are not hitting their timelines pushing available dates of new apartments back.

It’s estimated that we will see over 10,000 new apartment units delivered in 2014.  Combine those units with the release of renovated apartments that are offline in 4th quarter 2013, and current apartments under construction that got pushed to 2014 and there may be some relief for renters as occupancy is projected to fall in 2014.

Apartment Guyz has already noticed a rise in specials and availability as properties try to maintain that 5% vacancy.

How can Apartment Guyz find you a better deal?  Apartment managers often reduce their marketing budgets significantly and increase renewal rates for existing renters significantly when occupancy hits 94% or better.  This creates a barrage of move outs, and a sleepy period of move ins reducing occupancy seemingly overnight 5-10%.   Then laws of supply and demand for Denver apartments takes over.  Prices drop and rent specials increase.

Apartment Guyz is always monitoring and updating hundreds of rentals daily.  When we find the good deals, we react quickly to ensure you get the best rate possible.

Want more information on Denver apartments and average rents?  Apartment Guyz has the 411 on average rental rates, good deals, area advice, and neighborhood information.  We use this to make sure renters get a great deal on apartments that fit their personality as well as budget.

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Rent vs. Buy in Denver

Is it better to rent or buy in Denver?  The answer is yes and no.

We ran some sample calculations using the NY Times Rent Vs. Buy calculator and plugged in some Denver home owner statistics to find some Denver rent vs. buy statistics to share with you.

Let’s start with 1 bedroom rent vs. buy

Right now, the average price of a 1 bedroom condo is $173,000.  Of course there are cheaper and pricier locations but this is the median price of a 1 bedroom condo in the Denver metro area.  Because condo prices are stagnant I don’t expect there to be a positive or negative change in condo value for the next couple years.  3 years from now when developers start building condos again there will most likely be a drop in value, so let’s just keep the median price at a zero percent change for the next 7-10 years.   For a rental equivalent to a $173,000 condo you’ll expect to pay at least $1200 rent  for a 1 bedroom when you factor in a garage which most condos at $173,000 will have.   Note that you can vary numbers and come up with your own statistics, but I’ve ran the numbers for condos in many price ranges and they are all coming out with a similar result.

You must keep your 1 bedroom condo in Denver for at least 14 years to save money when factoring rent vs. buy.

Some variables you can use are property tax at .5%.  Also use some advanced settings to factor in your HOA dues ($200 or more), cost of buying a home (4%), Cost of selling home if you have to leave before your 7th year (5%), 30 year mortgage,  10% down payment, 2% inflation rate.  I included the 5% cost of selling home because if you have to sell in your 8th year of ownership that is a very important cost  to factor in.  At best for 1 bedroom condo rentals I came up with 6 years, if you get an amazing area in an up and coming neighborhood and the neighborhood does really make it up. rent vs. buy

Now let’s consider 2 bedroom apartment rent vs. buy

The average 2 bedroom condo sale price this year is $250,000.  The lowest active listing I found was $89,000 and they go up into the $500,00-$1,000,000 range in the more upscale locations.  Using similar variables to our 1 bedroom experiment except that we are going to give a 1% variable on the Annual home price change because it’s much easier to sell a two bedroom condo vs. one bedroom condo.  Rent you can expect to pay for a condo that is equivalent to what you would pay $250,000 for is $1700 and may or may not include a garage.  This result is more promising with buying being better after only 5 years.

Finally, let’s consider a three plus plus bedroom rent vs. buy option in the Denver metro area.

The area median home price for the Denver Metro is $290,000 as reported by the Denver Post.  A three bedroom rental is going to cost around $1900 for something that is equivalent to a $290,000 home price.  This experiment is tricky, so it’s best to start researching how big of mortgage you can qualify for, see what you can buy in the area you desire, and then search for rentals.  This is where a real estate expert like Jane Hannen who does both rentals and sales come in handy.  Please contact me for her contact information or use the contact form on this site.  For variables I left the $200 association fee as it’s common and recommended to live in a planned unit development to ensure your neighborhood is well kept.  If you stay in your home for 6 years, buying is better.  There are so many variables with a 3 bedroom rent vs. buy analysis that I  cannot stress the importance of consulting with an experienced real estate agent like Jane.

In conclusion, a one bedroom condo is not a good purchase unless you are a long term investor and there is no possible way you will leave Denver in the next 14 years.  Two bedroom rentals are slightly better investments at only 6 years but this is contingent upon another 4-5 years of no new condo development.  Condo development is at a standstill in Denver and has been for the last 2 years, but pent up demand may be on the horizon in 2-3 years which would drive down the price of existing 2 bedroom condos in the Denver metro area.  Three bedrooms are really better to buy when you have settled down and have no plans to leave the area for 6 years and it’s imperative to seek the advice of an experienced real estate agent.

Want to learn more?

We’ve compiled some handy links to help you do your own rent vs. buy analysis for Denver

http://www.nytimes.com/interactive/business/buy-rent-calculator.html

http://www.bankrate.com/calculators/mortgages/rent-or-buy-home.aspx

This is a good site to tell you not only what you would qualify for, but if it’s a smart decision based on your financial situation to rent vs. buy.

http://www.trulia.com/real_estate/Denver-Colorado/market-trends/

Denver market trends

By Brandon, Owner, Apartment GuyZ

Brandon has been finding Denver rentals for renters in Denver for over 13 years, and have been a licensed Colorado real estate agent for over 15 years. This gives me unique insights that most real estate agents focusing on either rentals or sales will not have.

How properties compete for your business

Denver apartment prices vary tremendously and change daily. What our system does is tell you up front what you can expect to pay for the rental that best fits your needs.   If it’s too much, you don’t waste your time looking at the rental.  If the landlord doesn’t think you will pass the application process based on your described credit history or income, you won’t waste your time and money looking at and applying for rentals that won’t work for you anyway.

How it works:

Call us at 303-649-0705 or CLICK HERE to create an online profile.  Tell your story about your wants and needs like floor preference, credit history, pets, urban or suburban property etc.

Once created you are automatically assigned to an apartment locator.  We have been finding Denver apartments for over 12 years and are experts at matching rentals and renters.  We’ll give you area advice, tell you about the property, and explain why we think it’s a good fit.

Once we have all agreed on a short list of rentals, landlords will be notified through our Direct Connect system and will be able to view your profile minus personal information like phone and email address.  The landlord will identify a particular apartment that best fits your needs, and send you a quote.

It’s so easy and is proven to get renters a better apartment for less money.  Don’t waste time on Craigslist, get connected now!

Affordable luxury Denver rentals

Find luxury Denver rentals through Apartment Guyz fast and easy.  Featured upscale rental is a 1272 sq. ft. condo rental in Park Lane Condos in Denver’s most popular neighborhood, Washington Park.  480 S. Marion St. Denver, CO 80209.  Rents for $1850 and includes most utilities and basic cable.  This rental with indoor and outdoor pool also has access to two parking spaces, a library with wi-fi, bike room, and the rental itself has an extra storage unit.  To see this listing go to RentApartments.Info and do a Quick Search for area code 80209.

If you are moving to Denver Apartment Guyz has hundreds of active rentals like this Park Lane condo rental.  Our service is free because landlords pay us to fill their rentals fast with good renters.

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Apply for Denver Apartments

If you are applying for an apartment community that Apartment Guyz is responsible for running your application for, please click on the Apply Now button:

 

Apartment Guyz is Denver’s best rated apartment finder

Apartment Guyz employees are often asked, “Why should I use Apartment Guyz?” Our standard answer is do a Google search for Apartment Guyz or Denver Apartment Finder and read our reviews.

All we do is shop for apartments and update the hundreds of available apartments in our database so we are experts on matching renters to the apartment that best fits their needs based on personality, budget, credit, pets, etc. We know where to find the best deals and who has the best customer service as well as community.

When you use Apartment Guyz to find a rental you get a better rental for less money. We’re open 7 days a week and Denver rental listings are available online 24-7 so give us a call at 303-649-0705, you’ll be glad you did!

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Apartment Guyz is the best rated Denver apartment finder service on Google.

Denver apartments getting harder to find, except for Apartment Guyz

Denver apartment rentals are getting harder to find, unless you call Apartment Guyz.  All we do is talk to managers and update listings all day.  We also have back lines and email contacts for managers you can’t find online.   With hundreds of listing updates daily, Apartment Guyz will make your Denver rental search easy.

Apartment Guyz serves all of the Denver metro area specializing in all suburbs and neighborhoods that comprise the metro area.  Here are some average rental rates for cities in Denver you may be looking for a rental in:

Downtown Denver Rentals:  1 Bedroom $1200 and up  2 Bedroom $1560 and up

Washington Park Rentals:  1 Bedroom $1195 and up 2 Bedroom $1575 and up

Cherry Creek: 1 Bedroom $1000 and up 2 bedroom $1255 and up

Aurora Rentals:  1 bedrooms $675 and up 2 bedrooms $775 and up

Englewood Rentals:  1 Bedroom $785 and 2 bedroom $895

Littleton Rentals:  Approximately same rental rates as Englewood

Centennial and Greenwood Village:  1 Bedroom $805 and up 2 Bedroom $995 and up  (includes Meridian/Inverness/Centennial Airport)

Other cities served:  Parker, Castle Rock, Northglenn, Thornton, Westminster, Broomfield, Superior, Boulder, Lone Tree.

To sum up, if you need an apartment in the Denver Metro area, Apartment Guyz is the best resource.  Read our reviews on Google, check us out on the BBB website, and then give us a call, you’ll be glad you did.

-Brandon
Owner
Apartment Guyz

There are still rental deals in Denver

Denver apartment vacancy is very low which is driving up rental prices and making your apartment search very hard.  Here is some good news.  There are still deals to be found!  This week Apartment Guyz have reported price drops on two bedroom luxury apartments in DTC of $300.  Other deals have been 2-4 weeks of free rent, reduced apartment deposits, and more.  The average renter will not find these deals.  There are literally thousands of new rental postings daily, so to find deals that a select few are offering is like finding a needle in a haystack.  That’s why you should call Apartment Guyz.

Apartment Guyz is a free service for renters because we get paid by landlords to fill vacancies fast.  More vacancy means better deals to encourage faster moves.  By reducing vacancy loss, Apartment Guyz can ensure renters get better prices on nicer apartments.

Apartment Guyz are Denver’s rental experts.  For 12 years we have been finding renters the best apartment deals in the Denver metro area.  For help finding your next apartment fast and easy call today or drop by.