Cherry Creek is a pristine urban neighborhood located in the city of Denver, Colorado. It features picturesque views with an abundance of wildlife refuges to protect it as such, plus all sorts of other fun amenities right at hand.
The beautiful Cherry Creek neighborhood is one of Denver’s most sought-after areas. The median real estate price here ($1.272M) makes it more expensive than 96.7% of other neighborhoods in Colorado and almost 97 percent across America.
The cost of renting a home in this part- Cherry Creek, can be costly. With an average rental price of 3,210 dollars per month, it is higher than 93.7 percent for neighborhoods across Colorado.
The Cherry Creek community is a great place to live if you’re looking for medium-sized (three or four-bedroom) homes with plenty of space. The real estate here predominantly consists of townhomes and apartment complexes/high-rise apartments, which means there’s no shortage of choice when it comes down to what type suits your needs best.
Imagine waking up in your new apartment in Cherry Creek, grabbing some coffee from the kitchenette before heading out for a morning walk. You’re surrounded by trees and green spaces so much that it feels like you traveled back centuries ago when people still lived here naturally rather than strictly because of construction-and, not just any old building either; one with beautiful views perfect enough to be featured on postcards.
The Cherry Creek neighborhood is a mix of young professionals and empty-nesters. Many residents own their homes, but there are also quite a few renters in this area who have been able to purchase or rent out apartments, largely due to its proximity to downtown Denver which makes it easy for them to get around town without having to worry about driving all over yourselves trying not to miss any important meeting/appointment.
The vacancy rate in this area is 14.3%, which means that there are many homes and apartments for sale but not enough people to fill them. This could mean either weak demand or new construction ahead of schedule – either way, if you’re looking into buying property here, then keep your eye out because it may just become available at an affordable price soon enough.
The Cherry Creek neighborhood is among the wealthiest areas in America, and its residents have it good. The sheer amount of wealth concentrated here results even when compared with other Americans – based on their recovery from economic downturns as well. And this doesn’t come at no cost; you’ll find that child poverty rates are low here too.