Moving Off-Campus - All Things Considered

Greeley & Weld County Rental Market

Colorado Multi-family Housing Vacancy & Rental Survey (1st Q-2017); does not include damage deposits required by most landlords.

Rent continues to rise, with marginal increases over the past year (about 5%). Despite smaller increases than the two previous years, rents have increased over 20% since 1st Q, 2014.

Average Rents:

Mean Rent

$1,004 (all rental types)

  • Efficiency: $580
  • 1BR: $900
  • 2BR/1BA: $889
  • 2BR/2BA: $1,176
  • 3BR: $1,224

Median Rent

$1,017 (all rental types)

  • Efficiency: $511
  • 1BR: $969
  • 2BR/1BA: $918
  • 2BR/2BA: $1,206
  • 3BR: $1,224

Colorado, Greeley, & Weld County Vacancy Rates

Greeley and Weld County vacancy rate is 3.7%. CO vacancy rate is 6.1%

  • Efficiency: 3.3%
  • 1BR: 2.4%
  • 2BR/1BA: 3.5%
  • 2BR/2BA: 5.8%
  • 3BR: 2.6%

Best chance to find a quality rental will be at smaller complexes, built between 1990-2004, and by yourself or with 2-3 roommates.

Off-Campus Costs Per Month
  • Rent (per person/median): $398-$969
  • Food (per person)*
  • Male: $288-$443 / $366 (Average)
  • Female: $250-$394 / $316 (Average)
  • Utilities (avg. per household per month)
    • Electricity: $83**
    • Gas: $60
    • Garbage: $17
    • Water: $48
  • Basic Cable TV: $60
  • Internet: $40

Total Cost = $500 - $1,700
(most students will fall between $1,000 - $1,200 per month in expenses)

This is not an exhaustive list (does not include furniture, insurance, laundry, transportation, etc.)

*Center for Nutrition Policy and Promotion (USDA): Average Food Costs May 2017
**U.S. Energy Information Administration Residential Average Monthly Bill, 2015 Report