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Highlights

  • Rent Special
  • Pet Friendly

Location

550 E 3rd Ave, Denver, CO 80203, USA|Speer
Hi! Let’s figure out if this property is right for you.

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Tour FIVE50

Contact

Management

RedPeak

Our team has verified this company

Leasing office

(719) 500-4075

Open 

Monday 10:00 am–6:00 pm MT

Property Overview

FIVE50 stands out as a highly rated property with renovated apartments, exceptional amenities, strong location convenience, and solid quality and trustworthiness scores. It may appeal to renters looking for pet-friendly living, outdoor spaces, and nearby pet services, with the overall impression of a well-rounded and polished community.

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

Zumper Expert Rating

8.7
Very Good
With a solid 8.7 out of 10 overall, FIVE50 is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, FIVE50 has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Dishwasher
  • Outdoor space

Great for

  • Pet owners

Floor plans

252.S1Studio1 bath470 sqft$896–$1,305 /mo1 unit available
252.S3Studio1 bath480 sqft$946–$1,305 /mo1 unit available
252.S2Studio1 bath475 sqft$998–$1,305 /mo1 unit available
252.S4Studio1 bath510 sqft$1,291 /mo
252.A31 bed1 bath570 sqft$1,105–$1,824 /mo
252.A41 bed1 bath575 sqft$1,196–$1,591 /mo
252.A11 bed1 bath560 sqft$1,205–$2,056 /mo
252.A61 bed1 bath585 sqft$1,205–$1,631 /mo
252.A81 bed1 bath620 sqft$1,275–$1,803 /mo
252.A51 bed1 bath580 sqft$1,322–$1,630 /mo1 unit available
252.A21 bed1 bath565 sqft$1,322–$1,630 /mo1 unit available
252.A71 bed1 bath595 sqft$1,391 /mo

Let's explore this property.

Amenities for FIVE50

Apartment Amenities

9' CeilingsCeiling Fan
Hardwood FloorHigh Ceilings
Rooftop Deck and PatioSpacious Bedroom Closet
Window Coverings

Appliances

DishwasherMicrowave
RefrigeratorStainless Steel Appliances

Building

Cats OKControlled Access
Dogs OKRoof Deck

Other

Flexible Lease Terms Available
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

Application Fee

Per-applicant. Refund Policy: Non-refundable. Application fee is $33 per applicant (any applicant 18 years and older), due at time of application.

$33

REQUIRED FEES

Administration Fee

One-time. Refund Policy: Non-refundable. Administration fee.

$300

Deposit

One-time. Refund Policy: 100%. Security Deposit.

$300–$350

Electric Billing

Monthly. Refund Policy: Non-refundable. Electric Billing.

Usage Based

Gas Billing

Monthly. Refund Policy: Non-refundable. Gas Billing.

Usage Based

Sewer Billing

Monthly. Refund Policy: Non-refundable. Sewer Billing.

Usage Based

Trash Billing

Monthly. Refund Policy: Non-refundable. Trash Billing.

Usage Based

Water Billing

Monthly. Refund Policy: Non-refundable. Water Billing.

Usage Based

Utility Billing Admin Fee

Monthly. Refund Policy: Non-refundable. Utility Billing Admin Fee.

$5.50

OPTIONAL FEES

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Pet

Pet Deposit

2 pets max. Refund Policy: Refundable. One-time refundable deposit collected at move-in to cover potential pet-related damages.

$300

Monthly Pet Fee

Monthly. Refund Policy: Non-refundable. $35 is charged monthly per household, limit 2 pets per household.

$35

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Units42
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About FIVE50

HomeApartments in DenverSpeer FIVE50

The renovated apartments at FIVE50 are in the heart of it all, just steps from Cherry Creek Trail, and a short distance from Cherry Creek Mall and Washington Park! From here you will have no trouble getting to where you need to be. Not quite what you’re looking for? That’s ok! We have over 50 communities in the Denver area. Visit RedPeak. com to find your place. *Total Monthly Price includes base rent, all mandatory monthly fees and any user-selected optional fees. Excludes variable or usage-based fees and unknown charges due at or prior to move-in or move-out. A copy of the lease is available before applying.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.7
/10
Very Good
With a solid 8.7 out of 10 overall, FIVE50 is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, FIVE50 has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated FIVE50
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
FIVE50 is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
FIVE50 stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
FIVE50 offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
FIVE50 has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at FIVE50.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
FIVE50 has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

FIVE50 is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 20 pet supply stores near the property
  • 7 pet hospitals in the area
  • 1 dog park within 1 mile

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 FIVE50 compares to other nearby properties.

Positives

Dishwasher
Dishwasher available in kitchen
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from high schools
The nearest high school is farther than 0.5 mile away
No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

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Rent trends in Speer

Studio apartments at FIVE50 cost about 16% less than the average rent price for studios in Speer.

1-bedroom apartments here are priced 1% higher than 1-bedrooms in Speer.

Median rents as of Jul 18 2026.
Speer
Denver
A table of studio rental data trends in Denver
MonthMedian Rent
August 2024$1,513
September 2024$1,466
October 2024$1,441
November 2024$1,415
December 2024$1,449
January 2025$1,453
February 2025$1,424
March 2025$1,394
April 2025$1,388
May 2025$1,400
June 2025$1,393
July 2025$1,377
August 2025$1,369
September 2025$1,352
October 2025$1,364
November 2025$1,367
December 2025$1,338
January 2026$1,310
February 2026$1,306
March 2026$1,362
April 2026$1,356
May 2026$1,340
June 2026$1,355
July 2026$1,343
A table of studio rental data trends in Speer
MonthMedian Rent
August 2024$1,755
September 2024$1,725
October 2024$1,735
November 2024$1,731
December 2024$1,733
January 2025$1,718
February 2025$1,736
March 2025$1,613
April 2025$1,594
May 2025$1,607
June 2025$1,492
July 2025$1,452
August 2025$1,422
September 2025$1,414
October 2025$1,417
November 2025$1,407
December 2025$1,454
January 2026$1,417
February 2026$1,408
March 2026$1,405
April 2026$1,344
May 2026$1,227
June 2026$1,196
July 2026$1,222

Affordability calculator

Can I afford to live at 550 E 3rd Ave?

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

$38,880/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,880 annually to afford this studio median monthly rent price of $972.
For more information on rent affordability, visit our rent calculator.

Schools near FIVE50

Dora Moore School

846 corona st

denver, CO, 80218

PK, K-5Public
B-

Polaris Elementary School

410 park ave west

denver, CO, 80205

1-5Public
A-

Stephen Knight Center for Early Education

3245 east exposition ave

denver, CO, 80209

PK, KPublic
B

Creativity Challenge Community

1551 s monroe st

denver, CO, 80210

K-5Public
B+

Pascual Ledoux Academy

1055 south hazel ct

denver, CO, 80219

PKPublic
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Internet available near FIVE50

Getting around Denver near 550 E 3rd Ave

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 550 E 3rd Ave, Denver

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

9/10
Very large amount of park space within a few minutes' walk

Nightlife

8/10
Wide variety of bars within a few minutes' walk

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