When you think of Colorado, affordability might not be the first thing that comes to mind. However, for those moving to Colorado, several cities in the state offer a budget-friendly lifestyle without compromising on quality. Let’s explore six of the most affordable places to live in Colorado, perfect for apartment renters seeking both savings and sweet mountain views.
1. Grand Junction
Average rent: $832
Grand Junction tops the list with an average rent of just $832. Studio apartments in Grand Junction can be found for $600, and two-bedroom units average $1,095, making it the most affordable city on our list.
Major employers in Grand Junction include St. Mary’s Medical Center and Mesa County School District, providing steady job opportunities. Outdoor enthusiasts will love hiking around the Colorado National Monument and exploring the Grand Mesa. The downtown area is full of low-cost entertainment like local shops and cafes.
Apartments for Rent in Grand Junction | Houses for rent in Grand Junction | Homes for sale in Grand Junction
2. Pueblo
Average rent: $1,321
Pueblo’s average rent is $1,321, making it an affordable choice for renters. Studio apartments start at $799, with two-bedroom units averaging $1,623.
Pueblo is home to major employers like Parkview Medical Center and the Pueblo School District. Pueblo locals love the Pueblo Riverwalk and Lake Pueblo State Park, where anyone can enjoy outdoor activities without spending much.
Apartments for Rent in Pueblo | Houses for rent in Pueblo | Homes for sale in Pueblo
3. Greeley
Average rent: $1,353
In Greeley, the average rent is $1,353. One-bedroom apartments average $1,252, and two-bedroom units go for around $1,672.
Greeley’s major employers include the University of Northern Colorado and JBS USA, providing diverse job opportunities and a cool college town vibe. The Poudre River Trail is a popular and free attraction. The local arts scene, including the Union Colony Civic Center, offers affordable entertainment options as well.
Apartments for Rent in Greeley | Houses for rent in Greeley | Homes for sale in Greeley
4. Arvada
Average rent: $1,410
Arvada offers an average rent of $1,410, making it a budget-friendly option near Denver. Studio apartments average $1,100, and two-bedroom units go for $1,690.
Major employers in Arvada include Jefferson County Public Schools and Lutheran Medical Center. Ralston Creek Trail is a local favorite and a great place to be when the sun is shining in Colorado.
Apartments for Rent in Arvada | Houses for rent in Arvada | Homes for sale in Arvada
5. Commerce City
Average rent: $1,615
With an average rent of $1,615, Commerce City is another affordable place to live in Colorado. Studio apartments are available for around $955, and two-bedroom units average $2,157.
Commerce City’s major employers include United Parcel Service (UPS) and the Adams 14 School District. Rocky Mountain Arsenal National Wildlife Refuge is a local favorite. The city itself also dotted with well-manicured parks and green spaces for all to enjoy.
Apartments for Rent in Commerce City | Houses for rent in Commerce City | Homes for sale in Commerce City
6. Colorado Springs
Average rent: $1,674
Colorado Springs has an average rent of $1,674. Studio apartments in Colorado Springs average $1,539, while two-bedroom units go for $1,830.
Major employers include Fort Carson and the University of Colorado Colorado Springs. The city has plenty of free attractions for all ages, like Garden of the Gods and Palmer Park, offering countless outdoor activities.
Apartments for Rent in Colorado Springs | Houses for rent in Colorado Springs | Homes for sale in Colorado Springs
Methodology
All cities must have over 50,000 residents per the US Census and have an average rent price under the median rent price for the state – which is $1,713 per month according to Redfin data. Average rental data from Rent.com July 2024.
