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View Poll Results: How much does it cost to rent an adequate 2 bdrm in decent Metro Denver area
700-900 4 25.00%
900-1100 7 43.75%
1100-1300 4 25.00%
1300-1600 1 6.25%
1600-1900 0 0%
1900+ 0 0%
Voters: 16. You may not vote on this poll

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Old 11-08-2007, 05:56 AM
 
Location: New York
3,570 posts, read 3,247,111 times
Reputation: 1319

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If we wanted to initially relocate to mass transit/walkable Denver metro area, what would you expect to pay for a decent apt?

Here are the specs:

2 bedrooms or larger
1 bathroom or more
Parking space
Laundry on facility
Dishwasher (MUST)
Well maintained (eg: updated electric to accomodate the lifestyle of millenial people who have electronics and doo-dads)
Safe neighborhood
Family friendly, good for young children
Recreation and eats within a short distance

In NYC, your looking $1500 and upward. And the apartments, from what I've been told by everyone who has lived elsewhere are substandard by comparison. This is too high for rent in my opinion.

As anyone who has been following my posts, we're planning on relocating in about 12 months. Rent first, buy later.

We may buy in the burbs, but initially I want to be in the city so I can get to know my new home town.
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Old 11-09-2007, 07:30 AM
 
8 posts, read 37,021 times
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I would say that 1,500 to 2,500 is the average for a nice place to live in downtown Denver. Denver is not cheap, regardless of what you read on these message boards.
It's expensive to live here.
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Old 11-09-2007, 01:05 PM
 
2,755 posts, read 12,146,708 times
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Take a look on Craigslist and see what you find. Downtown Denver is expensive if you live RIGHT downtown, but in the neighborhoods around Downtown like Capitol Hill there are plenty of places along the lines of what you described, all for less than a $1000.00, some of which may be much less. The 2 bedroom places start around $600-$700
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Old 11-10-2007, 12:56 AM
 
Location: Foot of the Rockies
90,377 posts, read 109,120,264 times
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My DD has an apt in Denver that I think meets all your criteria. I'm not sure about the family friendly b/c she is single, but there are schools nearby and we see families in the restaurants when we go to visit her. She pays $650/mo. She rents from a private individual. I think it may be more in the complexes. I think you could get a very nice place for $1000/mo.
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Old 11-10-2007, 03:13 PM
 
322 posts, read 242,301 times
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Quote:
Originally Posted by jayeandvic View Post
I would say that 1,500 to 2,500 is the average for a nice place to live in downtown Denver. Denver is not cheap, regardless of what you read on these message boards.
It's expensive to live here.
EXactly, if you want a nice apartment. If you want a dump that I lived at in Capitol Hill then you can go to 600 dollars.
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Old 11-10-2007, 04:37 PM
 
Location: New York
3,570 posts, read 3,247,111 times
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Quote:
Originally Posted by Stagger Lee View Post
EXactly, if you want a nice apartment. If you want a dump that I lived at in Capitol Hill then you can go to 600 dollars.
It's relative. Most "nice" places in NYC (not luxury, but nice for middle class people) are dumps everywhere else.

I live in a dump, by NYC standards. It would probably be considered a rat hole by everywhere else in the US.

I used to live in a much nicer place and that, would have been considered a dump elsewhere.
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Old 11-10-2007, 04:46 PM
 
Location: Foot of the Rockies
90,377 posts, read 109,120,264 times
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From the City-Data home page for Denver:

Median gross rent in 2005: $704.

From New York:

Median gross rent in 2005: $909

Denver's rent is 77% of NYC's by this measure. Of course, this doesn't mean a lot. It depends very much on location, location, location. I still think $1000/mo would get a nice place.

Last edited by Katarina Witt; 11-10-2007 at 04:49 PM.. Reason: typo
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Old 11-10-2007, 04:56 PM
 
Location: New York
3,570 posts, read 3,247,111 times
Reputation: 1319
The median rent in 2005 may have been $909. But from my recollection, trying to find a place to live, I couldn't find anyplace cheaper than $1100. That was in 2004. But of course I was looking for something 1 bedroom or larger. (Remember, median rent includes people who have been living in a stabilized apartment for like... 40 years and pay $2 a month for rent. Well maybe not $2, but I knew a woman who paid $600 for her studio in Greenwich Village.)

From what I have seen on Craigslist, the lowish end for 2 bedrooms is around $1200. And I've seen many apartments for over $2,000. (Prices are lower for studios and such, but I won't be living in them since my family consists of 3 people, not just myself.)

For 2 bdrms, yYou CAN find stuff for $1,000, or $1,100, but they generally aren't the greatest apartments. They don't start to get decent until around $1300, but then, you are still in a less than desireable neigbhorhood.

FWIW, Rents have really skyrocketed in the past few years to unbelievable proportions.

The apartment I was renting in Bayridge in 2002 for $1200 is now going for $2100. And it was nice, but it wasn't all that.

According to Moderator cut: link removed the housing is 202 in NYC while 99 in Denver (100 being the national average). Food is 141.6 vs. 113.6 and are 165 vs. 102.

You can't even think about purchasing a 2 bedroom unless it is a coop for less than $220 in any neighborhood that is not a ghetto. Houses are upward of $500K in the outer parts of the city.

Last edited by Yac; 12-04-2007 at 03:49 AM..
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Old 11-10-2007, 05:31 PM
 
Location: Foot of the Rockies
90,377 posts, read 109,120,264 times
Reputation: 35920
Well, as I said, these medians don't tell you much. I gave you an example of my daughter's rent, in a "good" neighborhood near the University of Denver. It might be a little too college-oriented of a "hood for your family, but there are lots of nice areas of Denver that do not cost $1500-2500/mo. I only have a Boulder paper here. There aren't many rentals in today's paper, will be more tomorrow of course. Here are some sample rents for 2 BR apts:

Boulder: $1100-1200, 975, 1000

Broomfield: $695

Lafayette: $900, 700

These are all northwestern suburbs, which I know is not your priority, but it's the best I could do with my paper. The Boulder Co. area is considered more expensive, so you should have no trouble finding a nice place for $1000/mo or less.
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Old 06-26-2008, 06:39 PM
 
Location: Pacific NW
303 posts, read 722,513 times
Reputation: 212
How the heck can anyone afford rent that high. I think anything over $600 is robbery
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