Student Housing is Actually Affordable in Fort Collins Right Now
Located about 60 miles north of Denver along the Front Range of the Rocky Mountains, this college town draws families, students, and retirees alike. Here, there are plenty of adventures available for outdoor enthusiasts, a strong economy offering more jobs, and Colorado State University located on the northeast side of town. These are just a few of the reasons Fort Collins residents love it here.
In fact, according to the US Census Bureau, the population in Fort Collins grew by 14 percent between 2010 and 2017. This rapid growth rate of 2 percent per year is currently outpacing growth in the rest of the county and state. In fact, Fort Collins was among the fastest-growing metro areas in the US in 2014.
Of course, such popularity has a significant impact on housing and rental costs, including student housing near CSU. With nearly 30,000 full- and part-time students attending classes on CSU campus for the 2018-19 school year, off-campus housing is critical to accommodate everyone.
Fortunately, in response to the growing population in Fort Collins and soaring enrollment at CSU, the availability of student apartments has increased drastically in recent years. According to The Coloradoan, 1,450 new apartments opened in 2018, 102 of which are student-oriented. Over 1,000 new apartments are slated to open in 2019 or 2020, 608 of which are geared toward student renters. A further 1,690 apartments are still in the planning phase, 440 of which are student housing options.
All of these new apartments are finally bringing the city’s rental market into balance. By the time 2020 rolls around, the increase in available housing is expected to exceed demand and force vacancy rates higher than 5 percent, which is considered a balanced market, for the first time since 2013.
CSU’s enrollment for 2018-19 is 33,877 students – 28,691 attending classes on campus and those utilizing CSU Online – which is an increase of 464 students from 2017-18
The Cost of Housing in Fort Collins
Now, for the question you’ve been waiting for: how much is housing in Fort Collins right now?
The Coloradoan reports that, as of mid-2018, the median rent in Fort Collins for non-student housing is just over $1,400 for a two-bed/two-bath unit. The newest luxury apartments—with stainless steel appliances, stone countertops, fitness centers, pools, barbecues, and coffee bars—start at $1,600 and go to $2,000 or more.
Don’t panic just yet—these averages are for non-student apartments. The off-campus student housing scene, with units rented by the room, is more affordable than the city-wide average.
Affordable Luxury Off-Campus Student Housing
Take Stadium Apartments, for instance, which opened in the fall of 2017 with 102 units (388 beds). Our rental rates start at $725 per bed. With our excellent amenities, close proximity to campus and downtown, and other great benefits, you won’t want to live anywhere else!
The apartments range from two-bed/two-bath at 936 square feet to five-bed/five-bath at 1,850 square feet. Residents living in these student apartments get a private bedroom and bathroom with shared kitchen and living room. Bask in the lap of luxury with stainless steel appliances, granite kitchen countertops, and an in-unit washer and dryer. Plus, the apartments come fully furnished, and high-speed Internet and cable are included in the cost of rent!
The amenities at Stadium Apartments are second to none. We designed our off-campus student housing to facilitate relaxation, study, play, and convenience.
When you enter Stadium Apartments, you’ll walk past the first-floor commons area. Pause to pick up a drink at our coffee bar, meet friends at one of our many on-site study areas, or get pumped up at our fully equipped 24/7 gym and yoga studio.
Head to the central courtyard, where you’ll find a heated swimming pool, two hot tubs, multiple fire pits, and tons of lounge chairs to spread out and relax in the gorgeous Colorado sunshine. A public grilling area makes this the ideal place to host a party.
Next, check out the second-floor deck, which overlooks the central courtyard. This is a low-key place to hang out and get some fresh air.
We also have a rooftop lounge where you can soak up a view of the Rockies. You might have tickets to the next CSU football game, but if not, you can still watch the best plays on our large TVs while hearing the roar of the crowd from the stadium across the street. Enjoy the wet bar, fireplace, and spacious seating while mingling with friends. You can even reserve the rooftop lounge for private events.
This is just a glimpse of the amenities here at Stadium Apartments, the best place for luxury student living in Fort Collins.
We are conveniently located on Lake Street just south of CSU and across the street from Canvas Stadium. This ideal location combines luxury apartment living with premium urban perks. For instance, you enjoy the freedoms granted by off-campus housing, but you still live just steps away from campus and have instant access to thrilling football games at Canvas Stadium. Old Town Fort Collins is also a mere 10-minute drive away, which offers some of the best shopping and dining in the city.
All of these advantages combine with great views of Canvas Stadium to the east and the Rocky Mountains to the west. In short, our location simply can’t be beat!
If you want to enjoy all the perks of living in off-campus student housing, check out Stadium Apartments. We offer the most affordable way to enjoy luxury living as a student attending CSU in Fort Collins. To find out more about the city’s newest off-campus student housing, or to set an appointment with a leasing agent, please contact us today.