Apartments for Rent in East Colfax, Denver, CO

East Colfax, Denver apartment availability

East Colfax's rental market offers a good selection of listings, with an average of about 43 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments are pet-friendly, with over half allowing dogs and small pets. This makes East Colfax a great option for renters with furry friends. With a range of options to choose from, renters can find a home that fits their needs in this Denver neighborhood.

East Colfax, Denver rental market trends

The East Colfax neighborhood in Denver saw a slight decline in average rent prices in 2024, with a year-over-year decrease of approximately 4.6% to $1,600 per month. Breaking it down by bed count, 1-bedrooms averaged $1,186 per month, a minor decrease of 0.8% from the previous year. In contrast, 2-bedrooms experienced a 3.4% increase to $1,821 per month. Studios saw a modest 1.2% increase to $1,003 per month.

The rental market in East Colfax tends to fluctuate throughout the year, with October typically being the most expensive month, boasting a 24.8% increase in rent compared to March, the month with the lowest average rent. If you're looking for a new apartment, March might be a good time to find a deal. On the other hand, if you're a landlord, October is likely to be the most lucrative month. Keep in mind that these trends can help inform your decision, whether you're a renter or a property owner.

Why East Colfax, Denver is a great place to live

East Colfax is a neighborhood that caters to renters who prioritize pet friendliness and a vibrant social life. With many apartments offering pet-friendly amenities such as dedicated pet spaces, pet-safe windows, and no breed restrictions, it's an ideal location for pet owners. The area also features dog parks and hosts pet events, making it easy to care for and entertain your furry friends.

For those who value social connections, East Colfax offers a unique blend of factors that foster community engagement. The neighborhood's street infrastructure, age distribution, and safety features create an environment conducive to socializing. Additionally, its high walk score, frequent transit options, and lively atmosphere make it simple to get out and explore local hotspots, making East Colfax an excellent choice for renters seeking an active social life.