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Apartments for Rent in Denver, CO under $700 – 5 Rentals available

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  • 2791 W 52Nd Avenue, Bldg 1-103, Denver, CO 80221
    $567 - $1,275
    • 1-2 Beds
    • 1-2 Baths
    Jonathan Rose Companies
    Last updated 25 Jun 2021
    (303) 433-3585

  • 1835 S Pearl St, Denver, CO 80210
    $1
    • 1 Bed
    • 1 Bath
    Four Star Realty & Property Management
    Available Today! Last updated 14 Apr 2021
    (844) 887-5481

  • 1270-1290 Colorado Blvd, Denver, CO 80206
    $649
    • 1 Bed
    • 1 Bath
    Rocky Mountain Community Properties/Pillar Property Service
    Available Today! Last updated 25 Jun 2021
    (303) 390-9161

Renter's Guide to Denver

Famous for the Denver Broncos, mountains, and outdoor activities, Denver is the largest city in Colorado. The Mile High City sits 5280 feet above sea level, and the area was not populated until the mid 1880s. During the Gold Rush, Denver began to grow, and ever since its Wild West days it has been a cultural and sustainable area with “big city” appeal.

The Mile High City is smaller than Chicago and Houston. Compared to Baltimore and Tampa, Denver is bigger. With a total land area of 155 square miles, Denver is about the same size as Seattle.

Denver is a little over 900 miles away from San Antonio, Texas, and almost 2,000 miles away from Boston. Colorado Springs is a mere one-hour drive away and driving to Boulder takes about 35-40 minutes in good traffic conditions.

The weather in Denver boasts 300 days of sunshine, with the possibility of single digit temps in the winter and mid 80s in the summer. The Denver climate can be very dry during summer months as well as winter months, and cold temps with snow can last from October to May.

Denver, CO Demographics

  • Total Population705,576
  • Female 353,311
    Male 352,265
  • Median Age34.5

Cost of Living in Denver, CO

Regular bus fare in Denver costs $2.60 for an adult one-way ticket that includes a transfer. An RTD Denver day pass is also available for $5.20 for unlimited rides within the local region. Children under six can ride for free with a fare-paying customer. The light rail system is one of the popular transit systems in Denver, with many lines travelling to the downtown area. There is even a shuttle called the Mall Ride to take passengers down 16 Street Mall, a popular downtown Denver destination. Yellow Cab Denver and Metro Taxi are just two of the many cab companies in Denver. The average commute time in Denver averages at 26 minutes, which is slightly higher than the US average of 25.8 minutes.

Two people eating in an inexpensive Denver restaurant should be prepared to spend an average of $25, while a pint of domestic draft beer will run around $4.

Denver utilities such as heat, electricity, water, etc. cost residents an average of $130 for an apartment that’s 915 sq. ft, which is $17 less than the national average.

Average Rent in Denver, CO

  • Denver, CO Average Rental Price, May 2021 $1,680 /mo

Denver, CO Apartment Rent Ranges

  • $701-$1,0004%
  • $1,001-$1,50042%
  • $1,501-$2,00035%
  • > $2,00019%

Denver, CO Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 May / 2021
Denver, CO $1,549 $1,607 $1,615 $1,623 $1,671 $1,660 $1,693 $1,662 $1,636 $1,661 $1,680
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407 $1,428
/

Check out the average rent prices in Denver by neighborhood.

Living in Denver

There are numerous things to do in Denver during all seasons, like hiking, biking, or skiing in the mountains. Denver was ranked as one of the best places to live in 2016.

There are a few cons to living in Denver, however. The city is currently experiencing a rapid population growth, making traffic congested. Many Denver bus lines do not run or have limited service in some areas of the city.

Things to do in Denver

The Denver music scene is always booming, and you can see shows at smaller venues or at bigger ones like the Pepsi Center or the famous Red Rocks Park & Amphitheatre.

Sports enthusiasts will love it here! Denver has seven professional sports teams, including the Denver Broncos, Denver Nuggets, and Colorado Avalanche. Enjoy a show at

Employment and Economy

Major companies in Denver with headquarters in the city include the Coors Brewing Company, Arrow Electronics, and Chipotle Mexican Grill. Advanced manufacturing, aerospace, and bioscience are the top industries in Denver, and the city is a major energy research center as well as a regional headquarters for government agencies.

Denver, CO Households

  • Total Number of Households301,501
  • Family 146,070
    Non-family 155,431
  • Children 74,280
    No Children 227,221
  • Average People Per Household2.29
  • Median Household Income$68,592
  • Median Housing Costs Per Month$1,387

Top Colleges in Denver

Top colleges in Denver include the School of Mines, The University of Colorado Denver, and Johnson & Wales University. Widely recognized today as one of the best urban school systems in the US, the Denver Public School system has 185 schools in Denver.

Denver, CO Education Statistics

  • No High School5%
  • Some High School24%
  • Some College19%
  • Associate Degree5%
  • Bachelor Degree29%
  • Graduate Degree17%

Tips for Renting in Denver

If you’re thinking of moving to Denver, you’ll find that the downtown area is one of the most walkable in the US, with plenty of nice rental options to choose from.

Renting an apartment in Denver

Renters should know that Denver landlords do not have any limits on what they can charge for a security deposit. But the deposit must be returned within a month after a tenant moves from their Denver apartment. State law mandates that landlords must give tenants at least 10 days notice to raise rent for month-to-month leases. If you’re looking to rent in Denver, know that according to Colorado law you can withhold rent if a landlord fails to take care of important repairs.