Homes for Rent in Denver, CO: What You Need to Know
Denver, the capital of Colorado, is famous for having the majestic Rocky Mountains in its backyard. The city is exactly one mile above sea level, hence its nickname: Mile High City.
The Cost of Living in Denver
This large city (population: 727,211) is relatively expensive – its cost of living rate and housing costs are 5.7% and 16.4% higher than the national average. However, food costs are 2% lower than the national average. Denver’s median gross rent is $1,217 while the median rent for a two-bedroom apartment is $1,538. Colorado levies a flat income tax rate of 4.63% and a sales tax rate ranging from 2.90% to 11.20%.
Know Your Neighborhoods
Downtown Denver offers access to sporting events, museums, and fine restaurants and shops. No wonder over 62,000 people live within a one-mile radius of downtown. Lower Downtown (LoDo for short) has both upscale and affordable housing. Close by, Riverfront’s old warehouses and industrial spaces are being developed into urban housing. If you prefer the suburbs, Centennial and Littleton offer an easy commute to Denver plus they have outstanding schools. Residents love Centennial’s mountain views, trails, and recreational amenities. Littleton is known for its historic downtown with lots of great restaurants and shops.
Things to Do in Denver
Colorado is a skier’s and snowboarder’s paradise, and Denver is the gateway to world-class ski areas. Winter Park Resort with 3,000 acres for skiing and Arapahoe Basin with a ski season that lasts almost seven months are among the closest to Denver. In the summer, Winter Park Resort is popular for its downhill mountain bike park and the state’s longest alpine slide. If skiing isn’t your cup of tea, take the family to Downtown Aquarium, which boasts of an interactive Stingray Reef touch tank and more than 500 species of animals.
The Local Sports Scene
Denver is crazy about sports for a good reason. It’s home to some of the most competitive professional teams you’ll ever find: the three-time Super Bowl-winning Denver Broncos (NFL), two-time Stanley Cup champions Colorado Avalanche (NHL), Colorado Rockies (MLB), Denver Nuggets (NBA), and Colorado Rapids (MLS).
Everyone knows it snows a lot in Denver – an average of 60 inches of snow per year compared to the U.S. average of only 28 inches. In March 2019, Denver experienced one of its worst storms, a bomb cyclone that resulted in ice, winds of up to 90 miles per hour, and 7.1 inches of snow in one day. On the bright side, Denver gets 245 sunny days annually versus the national average of 205 sunny days.