Average Rent in Northwest Denver, Denver, CO

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Current Versus Historical Northwest Denver, Denver, CO Rents

Northwest Denver rentals average $1,579 for a studio rental to $3,495 for a 4-bedroom rental. The median price of all currently available listings is $2,083, or roughly $3 per square feet.
For the apartment units and housing in March 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $15 (1.06%) year-over-year from $1,409 to $1,424. 1-bedroom rentals prices have decreased by $222 (-11.84%) year-over-year from $1,872 to $1,650. 2-bedroom rentals prices have decreased by $45 (-1.67%) year-over-year from $2,699 to $2,654. 3-bedroom rentals prices have decreased by $67 (-1.82%) year-over-year from $3,667 to $3,600. 4-bedroom rentals prices have decreased by $144 (-3.86%) year-over-year from $3,739 to $3,595. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 3.41% this month. 1-bedroom rents have gone down by 4.16% this month. 2-bedroom rents have gone down by 4.64% this month. 3-bedroom rents have gone up by 1.41% this month. 4-bedroom rents have gone down by 0.94% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.91 $1,424 $1,409 (1.06%) $1,476 (-3.52%)
1 BR $2.77 $1,650 $1,872 (-11.84%) $1,667 (-1.03%)
2 BR $2.37 $2,654 $2,699 (-1.67%) $2,252 (17.88%)
3 BR $2.25 $3,600 $3,667 (-1.82%) $2,822 (27.58%)
4+ BR $2.03 $3,595 $3,739 (-3.86%) $3,567 (0.79%)

Historical Rents in Northwest Denver, Denver, CO

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Northwest Denver

There are a total of 5 cities nearby Northwest Denver. The average rent in Northwest Denver is currently $1,890 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Lakewood, CO, with an average rent of $1,725, is the most affordable city nearby. In contrast, the most expensive city near Northwest Denver, Denver, CO is Boulder, CO. Monthly rents here are on average $2,525 per month.

Let's compare Northwest Denver, Denver, CO's rent against other top cities nearby by bedroom size. Typically, rent for studios in Northwest Denver, Denver, CO is 27.17% more expensive than other cities nearby. One bedrooms are about 24.25% more expensive. Two bedrooms in Northwest Denver, Denver, CO are about 35.20% more expensive. Finally, rent for three bedrooms are about 22.83% more expensive. Want more information? Check out the top 5 cities near Northwest Denver, Denver, CO in the following chart.
City Studio 1 Bed 2 Bed All
Lakewood, CO $1,150 $1,381 $1,725 $1,725
Longmont, CO N/A $1,095 $1,500 $1,795
Aurora, CO $1,095 $1,263 $1,750 $1,890
Denver, CO $1,547 $1,525 $2,300 $1,995
Boulder, CO $1,400 $1,700 $2,700 $2,525

Top Neighborhoods Near Northwest Denver

There are a total of 1 neighborhoods in or near Northwest Denver. We've included all of these top 1 neighborhoods in or near Northwest Denver, Denver, CO in the following chart.

The average rent for these 1 neighborhoods in or near Northwest Denver, Denver, CO is currently around $1,909 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Northwest Denver, West Colfax has the most affordable average rent at $1,909 per month. Whereas, at $1,909 average rent per month, West Colfax is the most expensive neighborhood in or near Northwest Denver. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
West Colfax, Denver, CO $1,614 $1,901 $2,548 $1,909

Top Counties Near Northwest Denver

There are a total of 1 counties located by Northwest Denver, Denver, CO. Some of these counties include Jefferson, CO, Adams, CO, and Arapahoe, CO. The average rent for rentals in these counties is $1,973. That's roughly around $2 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Jefferson, CO. It's average rent per month is $1,750. Vice versa, with an average rent of $2,950, Douglas, CO is the most expensive county by Northwest Denver, Denver, CO.

Typically, rent for studios in Northwest Denver, Denver, CO is 25.43% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Northwest Denver, Denver, CO is 20.71% more expensive than other counties nearby. Finally, rent for two bedrooms in Northwest Denver, Denver, CO is 26.03% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Jefferson, CO $1,205 $1,365 $1,725 $1,750
Adams, CO $1,035 $1,195 $1,743 $1,898
Arapahoe, CO $1,150 $1,300 $1,895 $1,950
Denver, CO $1,547 $1,525 $2,300 $1,995
Boulder, CO $1,345 $1,700 $2,100 $2,338
Douglas, CO N/A $1,800 $2,345 $2,950

Top Zipcodes Near Northwest Denver

There are a total of 2 zipcodes in or near Northwest Denver, Denver, CO. The average rent for all of these zipcodes is $2,111.

The following chart includes the top 2 zipcodes in Northwest Denver, Denver, CO. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
80204, Denver, CO $1,619 $1,947 $2,497 $1,947
80302, Boulder County, CO $1,550 $1,700 $2,938 $2,275

Frequently Asked Questions - Northwest Denver Average Rents

What is the average rent price in Northwest Denver, Denver, CO?
The average monthly rental price for Northwest Denver, Denver, CO apartments for rent is approximately $2,083. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Northwest Denver, Denver, CO rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Northwest Denver, Denver, CO.
How much is a studio apartment in Northwest Denver, Denver, CO?
The average monthly rental price for studio apartments is $1,579 and an average price per square feet of $2.91. There are a total of 15 studio apartment listings currently available for rent in Northwest Denver.
How much is a one bedroom apartment in Northwest Denver, Denver, CO?
The average monthly rental price for one bedroom apartments is $1,823 and an average price per square feet of $2.77. There are a total of 42 one bedroom apartment listings currently available for rent in Northwest Denver.
How much is a two bedroom apartment in Northwest Denver, Denver, CO?
The average monthly rental price for two bedroom apartments is $2,701 and an average price per square feet of $2.37. There are a total of 42 two bedroom apartment listings currently available for rent in Northwest Denver.
How have rent prices in Northwest Denver, Denver, CO changed this year?
Rent prices for rentals in Northwest Denver, Denver, CO can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in Northwest Denver, Denver, CO?
A reasonable rent price in Northwest Denver, Denver, CO is around $1,666/month. You can search for these reasonably priced rental listings on RentHop.
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