Rentometer, Inc. | Data as of 10/23/2025
Applewood’s vibrant rental market offers a mix of modern apartments and spacious single‑family homes, making it an appealing choice for professionals, families, and retirees alike. Situated just minutes from Denver’s bustling downtown, the city enjoys easy access to major highways, top‑rated schools, and a growing array of dining and entertainment options. Residents often cite the nearby Applewood Golf Course and the expansive Cherry Creek State Park as favorite outdoor retreats, while the historic Old Orchard shopping district provides a charming blend of boutique shops and local cafés.
Apartment seekers find a range of contemporary one‑ and two‑bedroom units, with typical rents falling in the $2,700‑$3,200 bracket, while larger two‑bedroom layouts often reach the $3,500‑$3,600 median range. Those preferring the privacy of a house can choose from well‑maintained two‑ to four‑plus bedroom properties, with many homes priced within the $2,600‑$4,000 spectrum. This variety supports a dynamic community where renters can select living spaces that match their lifestyle and budget, whether they desire a low‑maintenance condo near transit hubs or a family‑friendly home near parks and schools.
Applewood’s strategic location also highlights its connectivity to Colorado’s cultural and recreational attractions. The city’s proximity to the Rocky Mountain foothills offers easy weekend escapes for hiking, skiing, and wildlife viewing. Combined with its strong rental inventory and welcoming neighborhoods such as Willow Creek and Pine Ridge, Applewood stands out as a desirable destination for anyone looking to experience the best of Colorado living while enjoying a stable and diverse rental market.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $2,788 | $2,805 | $2,496 - $3,045 | $2,571 - $3,045 |
| Apartment | 2 Bedroom | $3,134 | $3,407 | $1,945 - $3,777 | $3,253 - $3,777 |
| House | 2 Bedroom | $2,629 | $2,650 | $2,100 - $3,300 | $2,195 - $2,900 |
| House | 3 Bedroom | $3,256 | $2,800 | $2,200 - $8,000 | $2,550 - $3,075 |
| House | 4+ Bedroom | $4,358 | $3,650 | $2,550 - $10,750 | $2,995 - $4,500 |
In the current period, the average rent in Applewood was
$2,192 for 1 Bedroom,
$2,854 for 2 Bedroom,
$3,277 for 3 Bedroom, and
$3,553 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.