Home prices
The cost of the median home in Arvada is $384,500. This is roughly $20,840 (5%) lower in comparison to its nearby areas.Compared to the entire nation it is approximately $167,000 (76%) higher, and it is roughly $6,100 (1%) lower in comparison to the city of Denver.
Rents
Arvada's median rent is $1,358 per month. Compared to the surrounding areas this is roughly $73 (5%) lower.It is roughly $296 (27%) higher in comparison to the nation as a whole, and is approximately $47 (3%) higher in comparison to the city of Denver.
Nearby places
Fairmount
Fairmount is Arvada's neighbor to the south. Its real estate prices are somewhat more expensive. The cost of the median home in Fairmount is $516,700, which works out to $132,200 (25%) higher than Arvada. Its rents are a little more expensive. Fairmount's median rent is $1,472 a month, which is $114 (7%) higher than Arvada.
Wheat Ridge
Wheat Ridge is Arvada's neighbor to the southeast. Its housing prices are fairly similar. The median home in Wheat Ridge costs $383,900, which is very similar to Arvada. The rent there is somewhat less expensive. The median rent in Wheat Ridge is $1,104 per month, which comes out to $254 (23%) lower than Arvada.
Westminster
Westminster is Arvada's neighbor to the northeast. Its real estate prices are a bit less expensive. The median home cost in Westminster is $340,900, which comes out to $43,600 (12%) lower than Arvada. Its rents are somewhat more expensive. Westminster's median monthly rent is $1,430, which comes out to $72 (5%) higher than Arvada.
Shaw Heights
Shaw Heights is about 5 miles east from Arvada. Real estate prices there are a lot less expensive. Shaw Heights's median home cost is $290,600, which comes out to $93,900 (32%) lower than Arvada. Rents there are a bit more expensive. The median monthly rent in Shaw Heights is $1,540, which comes out to $182 (11%) higher than Arvada.
Applewood
Applewood is approximately 5 miles south from Arvada. Real estate prices there are a little more expensive. Applewood's median home price is $494,600, which is $110,100 (22%) higher than Arvada. The rent there is a little more expensive. The median rent in Applewood is $1,611 per month, which is $253 (15%) higher than Arvada.
