Moving Off-Campus - All Things Considered
Greeley & Weld County Rental Market
Colorado Multi-family Housing Vacancy & Rental Survey (4th 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
$1,064 (all rental types)
- Efficiency: $641
- 1BR: $957
- 2BR/1BA: $952
- 2BR/2BA: $1,240
- 3BR: $1,287
Median Rent
$1,086 (all rental types)
- Efficiency: $567
- 1BR: $989
- 2BR/1BA: $941
- 2BR/2BA: $1,280
- 3BR: $1,196
Colorado, Greeley, & Weld County Vacancy Rates (4th Quarter, 2016)
Greeley and Weld County vacancy rate is 2.2%. CO vacancy rate is 6.0%
- Efficiency: 3.4%
- 1BR: 2.6%
- 2BR/1BA: 2.0%
- 2BR/2BA: 2.4%
- 3BR: 0.9%
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): $399-$989
- 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: $60
Total Cost = $600 - $1,800
(most students will fall between $1,000 - $1,400 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 December 2017
**U.S. Energy Information Administration Residential Average Monthly Bill, 2015 Report
