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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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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

Investing in rentals in Denver? Read this.

Having Property in Denver

In Colorado, Denver is a highly preferred living location. It is also viewed as a good option for real estate property investment. Owning rental properties can be a challenge since it demands lot of time, money, and energy in maintenance. And when you are spending so much you deserve high return on investment. You can get this with good renters. Here, Apartment Guyz can help property owners find good renters in Denver. Being highly experienced in the real estate industry and a BBB A+ rated agency, Apartment Guyz aids in increasing the value of your property.

Market Value of Property

In order to get high market value, you need to invest in a property located in well-developed areas. Good location and nicely developed areas will get you good and potential renters. Lesser developed areas charge lower rent amounts since they provide fewer facilities to the renters. You need to check the rent prices of nearby apartment and properties to get an idea of ongoing rent rates in the area. Apartment Guyz can help you with this search and rate inquiries. We can guide you to properties that can earn better return on investment from the market.

Be Aware About Cost and Return

When investing in any property, one more thing to look for is renovation. If you end up investing in a property that has lot of repair expenses then it can diminish your desired profits. At Apartment Guyz, we can help you find properties that are well maintained where you don’t have to spend on renovations or repairs.

Utilization of Property

When you invest in a property you need to be sure of “why”. Are you buying it to self-occupy it or do you want to lease it out. If you want to lease it then you need to do it ASAP to start your return on investment. Leaving the property vacant for longer time will only hurt your investment. Apartment Guyz can help you lease out your property quickly with less hassles.

Screen Potential Tenants

If you are planning to look for tenants on your own then do keep in mind that you have to screen them as well. But at Apartment Guyz we take care of this headache. We screen potential tenants for their credit history, rental history, criminal history, their workplace, number of adults that would occupy the property, etc. We make sure that you do not end up having tenants that have evictions or felonies against their names.

Housing Rules

Each city and housing community has its own set of housing rules. When you lease out your property you need to communicate these to the tenant. Not doing so can hurt your property lease. We at Apartment Guyz maintain all the required information on housing rules. We keep ourselves updated with housing rules of different housing communities. So if you get your property listed with us, we can find you renters who are suitable for these rules and who agree. This makes leasing easy and transparent for you and the tenant.

For help and a free landlord consultation please call Apartment Guyz today or contact us.

Littleton Apartment Rates Soar

An influx of young professionals to the Denver Metro area and lack of construction has caused rental rates to soar, especially in Littleton.

If you consider that we are finally getting back to rental rates seen 10 years ago at the start of the recession it looks like a good indicator that the economy is rebounding.

For renters that got used to paying unusually low rental rates it feels like the market is worsening.

Apartment Guyz has gotten hundreds of calls from renters whose rent is being raised $150-$400 monthly. That’s a significant increase and usually forces a move.

There are still rental deals available, and that’s where Apartment Guyz’s expertise comes in. If you are new to the Denver metro area and looking to move to a suburb like Littleton, Englewood, or Centennial, give us a ring. You’ll be glad you did.

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

Denver off campus housing

Off campus housing in Denver is getting harder to find.  Denver is attracting large quantities of young professionals and students and unfortunately not enough apartments are being built.  This leads to higher rental prices in Denver and makes it difficult to find good off campus housing options.

If you are a student relocating to Denver, or are already a student but aren’t having luck finding good off campus housing for an affordable price, Apartment Guyz is an amazing resource.  We’ll get you as close to campus as possible.  Counsel you on the best options, and ensure you get a great off campus apartment for a fair price.

Apartment Guyz is your free off campus housing service.  Why free?  We get paid by landlords to fill vacancies fast.  Use the contact form on this site or call 303-649-0705 to get started finding off campus rentals in Denver.  Open Daily.

New to Denver and want an area tour?  No problem, we do that too.  Make sure you not only pick the right off campus apartment in Denver, make sure you pick a neighborhood that fits your lifestyle.

-Brandon
Owner
Apartment GuyZ
303-649-0705