Things to Consider when Moving to Denver

Denver with a population of more than 2.8 million, is the capital and most populous city of the U.S. State of Colorado. Named after James W. Denver, it is the 19th-most populous city in the United States and the fifth-most populous state capital.

Denver is included among the Beta world cities by the Globalization and World Cities Research Network, which means that the city links moderate economic regions to the world economy. Its diversified economy is one of its greatest strengths. Its major industry sectors which includes aerospace, broadcast and telecommunications, healthcare and wellness, financial services, bioscience, energy, and IT-software, make Denver the 18th largest metro economy in the United States.

Denver is a key trade point for the United States and the city has been home to large corporations such as William Ainsworth – an Instrument Company; AIMCO – the largest owner and operator of apartment communities in America, and Samsonite Corp., the world’s largest luggage manufacturer.

Denver is located near the mineral-rich Rocky Mountains which encouraged mining and energy companies to spring up in the area. Denver is also a pioneer in the fast-casual restaurant industry, with many popular national chain restaurants founded and based in Denver such as Chipotle Mexican Grill, Quiznos, and Smashburger to name a few.

Denver is home to a wide array of nationally recognized museums including a new wing for the Denver Art Museum by world-renowned architect Daniel Libeskind. In 2004, the city acquired the estate of abstract expressionist painter Clyfford Still and built a museum to exhibit his works. The Denver Museum of Nature and Science holds an aquamarine specimen valued at over $1 million, as well as specimens of the state mineral, rhodochrosite. The state history museum, History Colorado Center, features hands-on and interactive exhibits, artifacts and programs about Colorado history.

Denver, a very active and outdoor oriented city has plenty going for it. The city is progressive and innovative thinking; it has a beautiful scenery and a healthy economy with an unemployment rate below 4 percent. It has many arts, culture and professional sports offerings throughout the year and it home to many of the world’s best-known ski areas. With all these facts, many people dream of living in Denver. If you are one of those people who are planning to move to Denver, take a look at some of important data to consider before moving in.

According to Zumper, there is 1,224 apartments for rent in the city and the average rent for a 1-bedroom apartment is currently $1,375 – a 6% decrease compared to the previous year. Of the more or less 350,000 housing in Denver, 49% is renter-occupied while 51% is owner-occupied households, meaning renting is really popular.

Over the past month, the average rent for a studio apartment in Denver decreased by -12% to $1,103. For a 1-bedroom apartment, the average rent decreased by -3% to $1,375, and the average rent for a 2-bedroom apartment decreased by -5% to $1,870. This is an advantage to those who prefer renting than owning a house.

To conveniently search for a property to rent in Denver, try using Zumper -an online tool used by millions of renters to find houses, rooms, condos, or apartments for rent. Application is very convenient as it can be done online. Zumper also has quality listings, wherein the inventory is updated in real-time, so you’ll always see new rentals on the site first. To receive realtime alerts, filter by location, price range, bedroom count, pet-friendly, or amenity and set an alert to get notifications when a new listing is posted.


About Cor

I am a single mom of all boys. I love cars, food, traveling and anything in between.