Mark Hunke

Denver Real Estate Specialist

The Mark Hunke Team
Your Denver Real Estate Experts
Call Us Today
303-619-7793
  • Home
  • Luxury Communities
    • Castle Pines Village
    • Chenango in Centennial, Colorado
    • Cherry Creek
    • Cherry Hills Village Real Estate
    • Denver’s Country Clubs
    • Denver Executive Homes
    • Denver Highlands
    • Greenwood Village
    • Highlands Ranch Real Estate
    • Observatory Park
    • Park Hill Colorado
    • Polo Grounds Colorado
    • The Preserve Colorado
    • The Pinery, Parker, the Club at Pradera
    • Red Rocks Country Club, Willow Springs, Willow Brook
    • South Aurora, Colorado Real Estate
    • Washington Park
  • Luxury Home Search
    • Luxury Home Search Form
    • Featured Properties
    • Map Search – Denver Luxury Homes
    • Find My Dream Home
    • Denver Relocation Guide
    • Get Luxury Property Alerts
  • Buyers
    • Buying a Home
    • Step 1 – Choose a Realtor
    • Step 2 – Get a Loan!
    • Step 3 – Research the Neighborhood
    • Step 4 – Submitting the Offer
    • Step 5 – Closing The Deal & Moving In
  • Sellers
    • Sell Your Home
    • Selecting a Professional Denver Luxury REALTOR®
    • Are You Ready to Sell a Luxury Property in the Denver Area?
    • Determining the Listing Price
    • Real Estate – Selling Your Home FAQ
    • What’s the Best Listing Price For Your House?
  • Finance
  • About
    • About Mark Hunke
    • Denver Real Estate Blog
    • Letters of Recommendation
    • Realtors – Join The K Company
  • Contact

By the Numbers: A Guide to Living in Denver

August 19, 2015 By Mark Hunke

Denver. The Mile High City. Home of the Broncos and the Colorado Rockies. It is a great place to live, and home sales are on the rise. Before you make the transition, it helps to understand what it is like to live in Denver, including the average cost of owning or renting a home, the crime rates, the quality of life, and even the amount of pollution.

The Average Cost of Rent vs. Mortgage Payments

People who rent homes in Denver pay a little more than average as a whole, with the average price of rent for a one-bedroom apartment in City Centre costing just over $1500 per month. Along those same lines, a three-bedroom apartment in City Centre costs just over $2600. Living outside of City Centre shaves off several hundred dollars per month in both cases. However, the average mortgage payment in the Denver area across all sizes and locations is about $1443 per month – less than renting even a one-bedroom apartment.

Police officerCrime in Denver

On average, crime in Denver is moderate when compared to cities of similar sizes across the US. People worry more about crimes like vandalism and theft than things such as being attacked, having their car stolen, or being mugged or robbed. Violent crimes in Denver are low, as is corruption and bribery at all levels. Just over 83% of the residents of the city say that they feel comfortable walking alone during daylight hours and nearly 50% feel comfortable walking alone at night – a moderate figure when compared to similar cities.

Denver’s Pollution

As far as pollution is concerned, Denver is the dream locale. Here, air pollution, drinking water pollution, dirt and untidiness, and even noise and light pollution are all on the low end of the scale. Even better, things such as dissatisfaction with refuse removal, overall water pollution in rivers and lakes, and dissatisfaction with parks in the city are very low when compared to other locations of similar size across the country. Denver is truly one of the cleanest, least polluted places in the country, particularly for its size, and it is the perfect place to relocate if you are interested in green living.

Overall Quality of Life

When it comes to determining the overall quality of life in cities like Denver, surveyors consider many different factors, which include things like the local economy, the cost of living, pollution, and even traffic. Denver’s overall quality of living is off the charts thanks to outstanding purchasing power (the ability to stretch a dollar) and very low pollution combined with a moderate non-violent crime rate, the availability of public transportation, plenty of clean local parks, and excellent school systems.

If you have considered relocating to the Denver area, now is a great time to do so. With low annual interest rates on mortgages and highly competitive prices per square foot, it is easy to find the luxury home of your dreams in a city that is clean, exciting, friendly, and ready to welcome new residents warmly.

Filed Under: Denver Real Estate

Recent Posts

  • New Home Sales Slow Despite Lower Prices
  • Higher Credit Scores are Coming: Are You One of the Lucky Ones?
  • The Housing Market Slump Still Exists in Some Locations
  • Fewer New Builds – Why the Sudden Slowdown?
  • Do Walk-In Closets Improve Home Values?

Categories

  • Centennial Colorado
  • Cherry Hills
  • Denver Area
  • Denver Real Estate
  • Energy Efficient Properties
  • Financing
  • Greenwood Village
  • Highlands Ranch
  • Home Buyers
  • Home Rentals
  • Home Sellers
  • Investment Properties
  • Job Market
  • Luxury Homes
  • Parker Colorado
  • Real Estate
  • Uncategorized

Search for Homes

  • Facebook
  • LinkedIn
  • RSS
  • Twitter
5-star logo
Equal Housing
Blue Fire Group    Real Estate Websites
© 2023 Copyright
LAC
Buying Buddy    Powered By Buying Buddy ®