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Moving to Denver: Market Update

A City on the Rise

Moving to Denver is an exciting experience. We are currently attracting well educated young professionals, retirees, students, and people just looking for a better climate and lifestyle. Denver has a relatively mild climate with many outdoor activities like Skiing and hiking as well as great beer, sports teams and a growing foodie scene.

So it’s no surprise people are taking notice (and probably why you’re reading this now).

Redefining Apartment Living

Over the last few years Downtown Denver has had a total remake including thousands of brand new upscale apartments. Along with rising prices, these communities bring convenience and luxury to living in Denver to a whole new scale. Working with more than 600+ communities, we’ve seen about everything including:

  • Rooftop pools
  • Heated garages
  • On-site personal trainers
  • Maid and pet walkers on call
  • Valet car parking
  • Bike repair shops
  • Dog washes
  • On-site markets

Of course, not every property boasts all these amenities (nor should they). However, this level of service in so many downtown Denver apartments means renters can not only enjoy more upscale options but also the more typical amenities are becoming common place (dishwashers, garages, etc).

Additionally, 2016 will see another 1,000+ apartments added to the market. Many of these properties are going into the suburbs like Littleton, Lakewood, Denver Tech Center, and Aurora — in addition to growing neighborhoods such as Sloans Lake.

The great thing about these apartments is the location. Most of these brand new apartment communities are built on the light rail.  For a map of the light rail system visit RTD here.

Many Denver apartment communities advertise direct access to the light rail but that may not be the case.  Still, with an overall approval rating of 4.2 out of 5 even if you have to make one transfer from bus to light rail these properties will still be a good option.

Apartment Units Up, Vacancies Down

Despite the additional properties coming to Denver, the influx of people is still outpacing construction. Ongoing reports show vacancies (the amount of available rentals) continue to shrink — and available rent specials and good deals shrink right along with it.

Fortunately, Apartment Guyz are experts in researching options for you. Find affordable luxury Denver rentals that best fit your needs based on personality, commute, budget, credit standing, location to public transit, and more.

Contact Apartment GuyZ today at 303-649-0705 or start your search now.

Apartment GuyZ is Hiring

Are you an experienced sales or real estate agent who thrives on customer service? Apartment GuyZ is the place for you.

Interested? Read and apply for our current opening today.

About Apartment GuyZ
With more than 12 years as a Denver apartment finder service, Apartment GuyZ is the undisputed champion for renters and landlords throughout the Denver metro area. 

Learn more about how we work.

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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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

Denver Apartment Finder Open Late and Weeekends!

Finding a Denver apartment rental is tough if you work during the day.  As always our online rental database is open 24-7 for self registration but the beauty of our Denver apartment finder service is getting to talk to an experienced representative to help you find an apartment based on your budget and lifestyle.  That is why Apartment Guyz is now open late and on weekends.  Call anytime before 10 PM Monday through Friday.

Tips for finding an apartment at work, after hours, or on weekends:

1.  Use our rental database RentApartments.Info during the day and Live Chat with your personal apartment locator.

2.  Call in the evening before 10 PM.  Apartment Guyz will ask you the right questions and do the research during the day at work.

3.  Review listings, and when you find a listing you like use the Request Quote feature

4.  Set appointments for rental tours on Friday if you plan to tour on Saturday and Sunday.  Leasing agents get very busy on the weekends so have your Apartment Guy set and confirm the appointments for you.

South Denver apartment rental – Pet Free!

Denver apartment rental from Apartment Guyz:

South Denver gorgeous 1 bed first floor available now.  Full size W/D hookups.  This is a rare community because it is and always has been totally pet free.  If you want a pet free apartment rental in Denver this is one of two communities out of 380 of our active listings.

For rental information call 303-649-0705 and reference property number  2800

 

 

Apartments in Southeast Denver, 2 Bedrooms from $840, today only!!!!

I always tell renters, someone has a deal.  Today that deal is in Southeast Denver.  5 minutes to Cherry Creek, 10 minutes to DTC, 10 minutes to Lowry, 15 minutes from downtown.   This 2 bed 2 bath rental has washer dryer hookups and the community offers a pool, hot tub, gym, and clubhouse.  Detached garages available for rent as well.  Pets welcome, call for details.

Remember, this is today only, tomorrow there will be another deal!  303-649-0705

Short term rental available in Greenwood Village

Short term rental now available in Greenwood Village close to Centennial and Englewood.  Gorgeous 1 bed 1 bath 1 car attached garage with w/d, fireplace, in the heart of DTC.  Walk one block to the light rail at Arapahoe and I-25.

Rents for $1500 per month on month to month.  Negotiable rates for 3 or more months.  Pets negotiable.  Call 303-649-0705 and reference property F207.

Short term rental Denver