Home Buying in Denver>Question Details

Ryan Eldridge, Home Buyer in Council, ID

Going rate for a 2-bd in Santa Fe Arts District

Asked by Ryan Eldridge, Council, ID Fri Dec 7, 2012

I have a duplex near downtown in the Santa Fe Arts District, what are the going rates for rent down there, for a 2-bd 1-ba with W/D and garage?

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BEST ANSWER
Hi Ryan,
Rental rates in the Art District can vary based on location proximity to Sanfe Fe and 7th Ave. You will also need to take in consideration any updates completed to your duplex. However, for a general ballpark number, I would recommend you check out the following website: http://www.rentometer.com
Just input your address and the website will give you an estimated rental rate.
Feel free to call or email me if you need anything else.
Thanks,
Tomas
0 votes Thank Flag Link Sun Dec 16, 2012
Ryan,

This is a popular area that is in demand for rentals and for purchase at this time. There is no 'going rate' since each available unit is so different from the next. A general range for rental rates for a 2 bed, 1 bath type unit should be from $1000 - $1200. Is here a reason you are considering renting and not purchasing? In most situations there are many advantages to purchasing than to renting. I wrote an article recently about that. - http://j.mp/RWrZi3 . Good success with your move.

Robert McGuire ASR
Realtor/Consultant
Your Castle Real Estate
Direct - 303-669-1246
http://about.me/robertmcguire33


Robert McGuire ASR
Realtor/Consultant
Your Castle Real Estate
Direct - 303-669-1246
http://about.me/robertmcguire33
0 votes Thank Flag Link Sat Jan 5, 2013
Thanks for the help Thomas. The place is at 10th and Lipan it is recently updated with a yard and includes 1/2 of a 2 car garage for off street parking.

It looks like the rents on rentometer and C-list are in the $1100+ range in that area. Thanks again.
0 votes Thank Flag Link Wed Jan 2, 2013
Goo question Ryan,

Take a look at the market trends here on Trulia: http://www.trulia.com/real_estate/Denver-Colorado/market-trends/

Hope this helps,
Ali, Community Manager
0 votes Thank Flag Link Tue Dec 11, 2012
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