States › Colorado › Arvada

Is Arvada, CO expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,08019% higher than U.S. average
💵 Families earn per year (2026)$126,560about $10,547/month · 45% higher than U.S. average
🔑 House price$632,60090% higher than U.S. average

Rent is higher than in 72% of U.S. cities. A typical house costs about 5.0 years of household income. Most homes (75.3%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $83,200 a year. That is $40 an hour at a full-time job.

Is rent cheaper than other Colorado cities?

No. Rent here is more expensive than in most of Colorado. It is number 57 of 112 cities from cheapest to most expensive.

Arvada
$2,080
$1,283
$1,757
$2,220
$2,125

How much do households earn in Arvada?

Under $25k
6.4%
$25k–50k
13.4%
$50k–100k
30.8%
$100k–150k
25.0%
$150k+
21.8%

Share of households by yearly income. 46.8% of households earn $100,000 or more.

Rent by apartment size in Arvada

SizeArvadaU.S. average
Studio$1,544$1,338
1 bedroom$1,725$1,324
2 bedrooms$1,966$1,509
3 bedrooms$2,501$1,698
4 bedrooms$2,644$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Arvada overall?

Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).

Housing
127
Goods (food, clothes…)
99
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Arvada, so the Colorado figure is shown.

Taxes and bills in Arvada

🏛️ Property tax$3,223a year · 0.51% of home value · U.S. $3,119
⚡ Electric bill$142a month (typical) · U.S. $156

Life in Arvada

Commute to work26.1 minU.S.: 26.4 min
College degree51.6%U.S.: 35.7%
Own their home75.3%U.S.: 65.2%
Below poverty line5.8%U.S.: 12.5%
Unemployment3.8%U.S.: 5.2%

Is it cheaper to rent or buy in Arvada?

Renting is cheaper right now: about $2,309 a month less.

Renting
$2,080
Owning
$4,389

Owning assumes a typical $632,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $63,260 for the down payment.

Frequently asked questions

What is the average rent in Arvada, CO?

Renting in Arvada costs a median of about $2,080 a month in 2026, including utilities. The Colorado median is $2,080.

How much do I need to make to live in Arvada?

To keep rent under 30% of income, you need about $83,200 a year, or $40 an hour at a full-time job.

Is Arvada cheap or expensive?

Arvada is rated Cheap: rent takes 19.7% of the typical household income of $126,560. It ranks 57th cheapest of 112 Colorado cities we track.

How much are property taxes in Arvada?

The median homeowner in Arvada pays $3,223 a year in property taxes, about 0.51% of the median home value.

Is Arvada more expensive than the national average?

Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Arvada?

The median home value in Arvada is $632,600, about 5.0 times the typical yearly household income.

122,634 people live in Arvada. Numbers are typical (middle) values.