How much does it cost to rent at NOVEL RiNo?

Rent at NOVEL RiNo in Denver, CO ranges from $1,689 to $4,381 per month as of July 6, 2026.

What is the average studio rent at NOVEL RiNo?

The average studio apartment at NOVEL RiNo costs $2,042/month, starting from $1,689.

What is the average 1 bed rent at NOVEL RiNo?

The average 1 bed apartment at NOVEL RiNo costs $2,351/month, starting from $2,099.

What is the average 2 bed rent at NOVEL RiNo?

The average 2 bed apartment at NOVEL RiNo costs $3,702/month, starting from $3,269.

Is NOVEL RiNo a good apartment complex?

NOVEL RiNo has a 4.5-star rating on Google based on 196 reviews.

Updated today at 10:38 a.m. MT

NOVEL RiNo

1350 40th St, Denver, CO 80205

4.5 (196 reviews) Official Website

Live pricing, refreshed today at 10:38 a.m. MT

Units Listed

$1,689

Starting at

$2,326

Average

$4,381

Highest

$3.37

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Denver, CO rent trends

Beds

Pricing by Bedroom

Studio

$2,042

from $1,689 · 46 units

~564 sqft avg

1 Bed

$2,351

from $2,099 · 26 units

~721 sqft avg

2 Bed

$3,702

from $3,269 · 9 units

~1,242 sqft avg

Specials Available 81 units

Up to 12 Weeks FREE

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (92)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: stated by the property itself
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$1.1M

$13M annual run rate

Est. Occupancy

83%

of about 483 units (reported building size)

Effective Rent on New Leases

$2,616

vs $2,326 current asking

Recent Lease Activity

166 units tracked; 85 assumed leased, 81 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Very high availability

7 floor plans

Move-in Specials

81 units with active promos

Use competing promos as leverage

Negotiation Leverage

Strong leverage

High availability and active promos suggest this building is eager to fill units.

Price vs. Whittier

Neighborhood

Welton Park Apartments

$1,075 Smart City Locating Denver

$1,144 20th Street Station Apartments

$1,184 Edit at River North

$1,197 The Douglas Apartments

$1,255 AVA RiNo

$1,385 Radiant Apartments

$1,387 Canvas on Blake

$1,401 The Riv

$1,490 Cortland on Blake

$1,500

NOVEL RiNo

$1,689

Comparing 11 apartments in Whittier. Click any bar to view that building.