Apartments for Rent in Colorado
Apartments for rent in Colorado are less expensive than the national average. The price of a studio averages $543 per month, which is $482 below the national average. The price of a one-bedroom averages $694 per month, which is $167 above the national average. Larger Colorado apartment rentals follow the same trends. The price of a two-bedroom averages $861 per month, which is $195 below the national average. The price of a three-bedroom averages $1107 per month, which is $338 below the national average.
If you're searching for a Colorado apartment rental you should know that the trends vary depending on which city or county you're looking at. The most expensive Colorado apartments for rent are in Louisville, Boulder, and Broomfield. The lowest rent apartments in Colorado are in USAF Academy, Westminster, and Greeley.
Economy:
Colorado started out as a mining territory and benefitted from major precious metals finds in the late 19th century. Later, the state diversified into agriculture, particularly livestock, wheat and corn, and both mining and agricultural presences exist to this day. Today, Colorado is home to many federal government facilities including NORAD, the US Air Force Academy, the US Geological Survey and the ADX Florence federal super-max prison. All of the government activity brings with it a private corporate presence from companies like Lockheed-Martin and Ball Aerospace.
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