Longmont

LONGMONT

 

Longmont was named one of the Top 100 Best Places to Live in the United States twice - once in 2006 and again in 2008. The Top 100 Best Places to Live as designated by Money Magazine, searches for small livable cities that had the best possible blend of good jobs, low crime, quality schools, plenty of open space, rational home prices and lots to do. According to CNN Money In 2006, Longmont made the list at number 61; in 2008 it made the list at number 50

Longmont is located 10 miles from the county seat Boulder and 31 miles north of the Colorado State Capital in Denver.  In the latest census Longmont’s population was 86,270.  Longmont is the 13th most populous city in the State of Colorado.

Fun Facts: 

Longmont is one of the few cities in Colorado to own its electrical power plant, resulting in some of the lowest cost and most reliable electric in the state.

Longmont, with the lowest ratio of vacant rentals in Boulder County, landlords are either
choosing not to participate in the voucher program or to raise rents above what voucher-holders
can afford.
Libby said she's lived in Longmont for 15 years and saw rent prices stay low for a long time but
creep up ever since the September 2013 flood.
"Longmont is the last bastion of the working class," Libby said. "The people who can't afford
Boulder are now coming into Longmont even more than they did before, and none of the other
surrounding towns are able to accommodate that."
Libby said her landlady raised her rent $260 a month this year, which puts the unit out of range of
her housing voucher.
"It's a big jump. You expect $50 or maybe even $75, but that was a big jump even with housing
compensating a little bit," Libby said. "I can't blame her. Landlords really haven't gotten a big
increase in their rents or any increase in a long time."
Longmont Housing Authority officials said hers
is a story they are becoming all too familiar
with in the current rental market. The voucher
subsidizes portions of rent and utilities for
people, based on their family size, income and
apartment size.
But as rents rise, said LHA Executive Director
Michael Reis, neither incomes nor the upper
limit for rent subsidies rise with them fast
enough, leaving unmanageable gaps for lowerincome
people.
"If rents go up typically 5 or 7 percent, the
program can usually keep up fairly well. But
when they're going up significantly faster than that, then people are starting to get caught in this
math problem," Reis said.
Longmont's vacancy rate for the second quarter of 2015 was 3 percent, higher than the firstquarter
number of 1.8 percent, according to the Denver Metro Vacancy Survey. Boulder County
overall has a vacancy rate of 5.3 percent, while the city of Boulder (non-university area) has a
vacancy rate of 4.7 percent.
The survey found that the average rent in Longmont is $1,350 a month, while in Boulder County
it's $1,520 and in the city of Boulder (non-university area) it's $1,505.

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Updated: Sep 25, 2017 2:18:am.

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Today's Market Trends for Longmont *

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* All data pertains to single-family homes