Zumper
modified
2 Days Ago

Highlights

  • Pet Friendly
  • Hardwood floors
  • Central air conditioning
  • Walk-in closets
  • Stainless steel appliances
  • Cozy fireplace
  • Picturesque views

Location

5423 Water Tower Promenade, Arvada, CO 80002, USA

Tour 5423 Water Tower Promenade

Contact

Renters Warehouse - Denver

(844) 326-5877 ext. 1685

Property Overview

This Arvada property features hardwood floors, central air conditioning, stainless steel appliances, and picturesque views, enhancing its appeal. Proximity to top-rated schools and ample amenities for pet owners, including dog parks and pet services, contribute to its attractiveness. Additionally, its value per square foot ranks in the 92.86 percentile among local properties, further solidifying its competitive position in the market.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Elementary school nearby
  • More space
  • High school nearby

Great for

  • Pet owners

Amenities for 5423 Water Tower Promenade

Features

Air ConditioningFireplace
Hardwood FloorHigh Ceilings
Utilities IncludedWalk-in Closet

Community

Cats OKDogs OK

Services

Package Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 5423 Water Tower Promenade

HomeHouses in Arvada 5423 Water Tower Promenade, Arvada, CO 80002, USA

Property Description Condominium --------------------- 5423 Water Tower Promenade ---------------------- Arvada CO 80002 --------------------- Lot Size -- --------------------- Discover your next home at 5423 Water Tower Promenade in the heart of Arvada, CO 80002. This spacious 2-bedroom, 2.5-bath townhome offers a perfect blend of style and comfort with its high ceilings, hardwood floors, and cozy fireplace. Located just minutes away from shopping, dining, and parks, this property provides convenience and luxury in one package. Enjoy stainless steel appliances in the modern eat-in kitchen and relax in the spacious living area with picturesque views. Presented by Renters Warehouse, this home also features central air conditioning, walk-in closets, and recent upgrades for added comfort. Don't miss the chance to make this stunning property yours—schedule a viewing today! Utilities included in the Total Price are: Water/Sewer, Trash, Gas TOTAL PRICE: $2923.95/month Listed by Renters Warehouse Colorado, LLC, dba Renters Warehouse. Renters Warehouse conducts full background checks subject to a $60 application fee per applicant aged 18 and over. Rental Pricing and Fee Disclosure: The following mandatory monthly charges are included in Total Price for the initial lease term: • Monthly Processing Charge (Mandatory) 1% Recurring Monthly Amount included in initial monthly Total Price: $28.95 Description: The monthly Processing Charge is based, in part, on the internal costs incurred by Renters Warehouse Colorado, LLC dba Renters Warehouse for lease administration and 24/7 support, as well as the ongoing daily operational expenses incurred by Renters Warehouse. The following additional charges are NOT included in Total Price: • Utility Charges (Mandatory) Recurring Monthly Amount: Varies, based on actual use Description: Utility charges not noted as included in Total Price that are billed/paid directly to the utility provider. • Security Deposit (Mandatory) One-Time Refundable Amount: Varies, based on application data Description: A refundable deposit due from the tenant to guarantee the terms of a rental agreement, which is typically equal to one month's Total Price and is due by move in. In compliance with applicable federal and state laws, a higher deposit may be required depending on the application outcome. • Lease Admin Fee (Mandatory) One-Time (Non-Refundable) Amount: $199.00 Description: Description: The one-time Lease Admin Fee is based, in part, on the internal costs incurred by Renters Warehouse Colorado, LLC dba Renters Warehouse for lease administration and 24/7 support, as well as the ongoing daily operational expenses incurred by Renters Warehouse. Please note, applicants have the right to utilize a Portable Tenant Screening Report (PTSR) that is not more than 30 days old, as defined in Section 38-12-902(2.5), Colorado Revised Statutes. Please review Renters Warehouse’s PTSR process, available at https www renterswarehouse com portable-tenant-screening-reports-for-colorado-applicants Information within this ad is deemed reliable but not guaranteed Contact us to schedule a showing.


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 5423 Water Tower Promenade, Arvada, CO 80002, USA compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
More space
The 2-bedroom is 528 sqft larger than other listings nearby
High school nearby
There is a high school 1 mile away
Fireplace
Upgraded in-unit features
Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery
Walk-in closet
More closet space on average

Considerations

Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available

Address details

Zip code80002
TypeHouse for rent

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Rent trends in Arvada

2-bedroom apartments at 5423 Water Tower Promenade cost about 74% more than the average rent price for 2-bedroom apartments in Arvada.

Median rents as of Mar 28 2026.
Arvada
A table of 2-bedroom apartment rental data trends in Arvada
MonthMedian Rent
April 2024$1,728
May 2024$1,730
June 2024$1,723
July 2024$1,820
August 2024$1,790
September 2024$1,700
October 2024$1,670
November 2024$1,651
December 2024$1,632
January 2025$1,633
February 2025$1,648
March 2025$1,673
April 2025$1,700
May 2025$1,648
June 2025$1,614
July 2025$1,838
August 2025$1,756
September 2025$1,687
October 2025$1,636
November 2025$1,593
December 2025$1,602
January 2026$1,570
February 2026$1,647
March 2026$1,663

Affordability calculator

Can I afford to live at 5423 Water Tower Promenade?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$116,920/yr

With your selected rent-to-income ratio, you'd ideally want to make $116,920 annually to afford this 2-bedrooms monthly rent price of $2,923.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 5423 Water Tower Promenade, Arvada, CO.
Last month$2,9232 bed2.5 bath
2 years ago$2,6452 bed2 bath
3 years ago$2,4952 bed2.5 bath
3 years ago$2,5952 bed2.5 bath
5 years ago$2,1952 bed2 bath
5 years ago$2,1952 bed2 bath

Schools near 5423 Water Tower Promenade

Lawrence Elementary School

5611 zephyr st

arvada, CO, 80002

PK, K-5Public
B

Arvada K-8

5751 balsam st

arvada, CO, 80002

K-8Public
C

Sobesky Academy

2001 hoyt st

lakewood, CO, 80215

K-12Public

Trailside Academy

2300 west 67th pl

denver, CO, 80221

PK, K-8Public
C-

Colorado Preparatory Academy

8601 turnpike drive, suite 100

westminster, CO, 80031

K-12Public
B+
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Internet available near 5423 Water Tower Promenade

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Arvada near 5423 Water Tower Promenade

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 5423 Water Tower Promenade, Arvada

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

Other units at this address

5423 Water Tower Promenade Arvada, CO

Occupied

2 Beds, 2.5 Baths

2 Beds

2.5 Baths

$2,595

Listed by Leasing Office
Days on market: 1238
Olde Town Arvada Location - Available NOW! - Come and check out this beautiful three-story rowhome in Water Tower. The spacious open floorplan on the main level features a large open kitchen, dining room, and spacious living room. Both bedrooms are located on the third floor and have their own private bathrooms and spacious walk-in closets, making this home the perfect place to share with a roommate. Washer and dryer are located within the unit. The ground floor has a fantastic office / bonus space, and the attached one-car garage provides tons of storage, plus there is plenty of on-street parking available for all your visitors! The home is perfectly located in an all friendly and modern community that is just a few short steps to trendy Olde Town Arvada and a short drive to I-70, easy commute to downtown south Denver and perfect for your weekends in the mountains. Light rail (G Line) has amazing connections with downtown Denver, with easy access to great restaurants and local sporting venues. The properties HOA provides (among other things) water, snow removal, and access to all community amenities, including the pool, hot tub, and fitness room. We are looking for tenants with a credit score of 650+, combined gross monthly income 3 times the monthly rent or greater, no evictions in the past 7 years and you must be able to pass a criminal background check. This property is professionally managed by Brinkerhoff Property Management. Call Mel at 720-692-4691 to set up your in-person showing today! No Cats Allowed

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