Apartments for Rent in Cherry Creek, Denver, CO

Cherry Creek, Denver apartment availability

Cherry Creek's rental market offers a good selection of listings, with an average of 66 rentals available each month in 2024. The neighborhood's inventory is comprised mainly of 1-bedroom, 2-bedroom, and studio apartments, with a smaller number of 3-bedroom units. Many of these apartments cater to pet owners, with over 76% allowing pets with some restrictions. This makes Cherry Creek a great option for renters with furry friends. With its desirable location and range of amenities, Cherry Creek is a popular choice for those looking for a place to call home in Denver.

Cherry Creek, Denver rental market trends

Cherry Creek, Denver's rental market has experienced a significant shift in 2024, with average monthly rents decreasing by 26.7% year-over-year to $2,973. This decline is evident across various bed types, with 1-bedrooms averaging $2,591 (down 15.5%), 2-bedrooms at $3,660 (down 27.5%), and 3-bedrooms at $5,129 (down 46.9%). Studios, however, saw a relatively modest decrease of 1.7% to $2,335.

The most expensive month to rent in Cherry Creek is August, with prices 23.3% higher than in December, the least expensive month. Renters looking for a more affordable option may find December to be the best time to search, as the lower demand and higher inventory can lead to better deals. Overall, the decline in rent prices in Cherry Creek presents an opportunity for renters to find more affordable options in this desirable Denver neighborhood.

Why Cherry Creek, Denver is a great place to live

Cherry Creek is a top choice for renters prioritizing fitness and social living. According to 2024 data, apartments in the area often feature onsite gym equipment, natural lighting, and access to health and wellness events, making it easy for residents to maintain an active lifestyle. Additionally, the neighborhood's walk score, street infrastructure, safety, and age distribution contribute to its vibrant social scene. With frequent transit options and a mix of amenities, Cherry Creek is an ideal location for those seeking a dynamic and healthy lifestyle. Its unique blend of fitness and social opportunities makes it a standout neighborhood in Denver.