Last updated
Average Rent in Northwest & Rent Trends
Rent prices and market trends across 3 apartment communities in Northwest, Arvada, CO. Updated daily.
Market Average
$2,283/mo
▲ +32.4% from last month
Lowest Available
$1,605/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
12
available now
Northwest vs Arvada, CO Average
Northwest is more expensive the Arvada, CO average by $259/mo (13%). The citywide average is $2,024/mo across all neighborhoods.
Is Rent Going Up or Down in Northwest?
As of May 2026, the average rent in Northwest is $2,283 per month across 3 apartment communities and 12 available units. Rents have increased $578 (32.4%) over the past month.
The most affordable option is Tennyson Place starting at $1,605/mo. By unit type, a studio averages $1,708/mo, a 1-bedroom averages $2,300/mo, a 2-bedroom averages $3,415/mo.
Prices range from $1,605 to $4,235 per month. The most common price point is the $1,600 range, where 5 units are currently listed.
Northwest Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Northwest
Rent Prices by Apartment in Northwest
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Tennyson Place | $1,605/mo | $1,708/mo | 6 | 4.4 |
| Lyric No 39 | $2,020/mo | $2,170/mo | 2 | 4.1 |
| akin Tennyson | $2,560/mo | $3,201/mo | 4 | 4.6 |
Google Search Trends for Northwest Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Northwest
What is the average rent in Northwest?
Is rent going up or down in Northwest?
What is the cheapest apartment in Northwest?
How much is a 1-bedroom apartment in Northwest?
How many apartments are available in Northwest?
What salary do I need to live comfortably in Northwest?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$91,000/year
30 percent rule -- using our average rent of $2,283/mo.
Comfortable income
$110,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,605/mo), you need to earn at least $64,000/year.
Median household income in Northwest is $113,396 , about 3% above the comfortable-living threshold.
Cost of living in Northwest
Overall prices in Northwest runs above the national average by about 6% (BEA Regional Price Parity index 105.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Northwest's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,283 |
| Utilities | $628 |
| Groceries | $549 |
| Transportation | $1,497 |
| Healthcare | $730 |
| Other goods and services | $1,169 |
| Estimated total | $6,856/mo |
Population
122,835
Median household income
$113,396
Census median rent
$1,802/mo
Rent as % of income
31.2%
Median age
40.2
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Northwest Apartments
Browse all 3 communities with daily-updated pricing and availability.