The Russell CO
7295 W 56th Ave,
Arvada, CO 80002
$1,645 - $6,266
Studio - 4 Beds
Home to the Arvada Centerplace Shopping Center, Downtown Arvada sits directly south of Olde Town Arvada, also known as a part of Downtown. Everything from department stores, pet stores, home improvement, and various services are available in this commercial district. A wide array of dining options are available in this neighborhood as well, ranging from chain to local. The city of Arvada is historic for being the first site of gold in the city of Colorado, so this district has a historic charm to it.
The Wadsworth Bypass runs directly through town, so commuting to nearby areas is a breeze. Downtown Arvada sits just ten miles northwest of Downtown Denver, so locals can easily travel into Colorado’s capital city for work, entertainment, dining, or shopping. Residents have access to the Olde Town Arvada transit station as well, along with various bus stops throughout the neighborhood.
As of December 2025, the average apartment rent in Downtown Arvada is $1,149 for a studio, $1,588 for one bedroom, and $1,863 for two bedrooms. Apartment rent in Downtown Arvada has decreased by -0.6% in the past year.
Studio
450 sq ft
Average Sq Ft
$1,149/month
Average Rent
1 BR
655 sq ft
Average Sq Ft
$1,588/month
Average Rent
2 BR
913 sq ft
Average Sq Ft
$1,863/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
3,444
Communities
949,077
Units
878
Cities
714
Communities
197,731
Units
340
Cities
654
Communities
128,618
Units
254
Cities
622
Communities
169,099
Units
243
Cities
540
Communities
119,844
Units
215
Cities
503
Communities
115,932
Units
255
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.