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Promenade Place 1 of 8

Promenade Place

$1,602 – $2,621/mo

  • 1–2 bedrooms
  • 1–2 baths
  • 720–1,404 sq ft
  • 31 units available
  • Pet friendly
5200 S Ulster St, Greenwood Village, CO, 80111

As of October 13, 2026, Promenade Place in Greenwood Village, CO has 31 apartments for rent from $1,602 to $2,621/mo. One-bedrooms start at $1,602 and two-bedrooms at $2,092. The average asking rent has fallen 4.1% since March 25, 2026, from $2,100 to $2,013.

Floor plans

11 floor plans · 31 available units · Prices checked October 13, 2026

A1

1 Bedroom • 1 Bath • 720 Sq Ft

Starting at $1,602/mo

1 available unitPriceSq ftAvailableOpen unit
3304$1,602720Oct 1

A3

1 Bedroom • 1 Bath • 885 Sq Ft

Starting at $1,727/mo

1 available unitPriceSq ftAvailableOpen unit
3019$1,727885Dec 3

A2

1 Bedroom • 1 Bath • 860 Sq Ft

Starting at $1,737/mo

2 available unitsPriceSq ftAvailableOpen unit
1116$1,737860Oct 1
1114$1,751860Nov 8

AIR

1 Bedroom • 1 Bath • 720 Sq Ft

Starting at $1,934/mo

4 available unitsPriceSq ftAvailableOpen unit
2506$1,934720Sep 18
3121$1,937720Sep 18
2406$1,939720Oct 30
3420$1,978720Nov 19

A2R

1 Bedroom • 1 Bath • 860 Sq Ft

Starting at $1,935/mo

8 available unitsPriceSq ftAvailableOpen unit
1614$1,983860Mar 17
1216$1,935860Mar 27
1312$1,935860Jun 1
1214$1,935860Jun 13
1508$1,935860Jun 13
1118$1,935860Aug 10
1410$2,034860Nov 27
1308$2,019860Dec 3

A5

1 Bedroom • 1 Bath • 1,076 Sq Ft

Starting at $2,034/mo

3 available unitsPriceSq ftAvailableOpen unit
1615$2,1131,076Sep 29
1311$2,0761,076Nov 5
1113$2,0341,076Nov 8

A6

1 Bedroom • 1 Bath • 1,181 Sq Ft

Starting at $2,037/mo

1 available unitPriceSq ftAvailableOpen unit
1224$2,0371,181Aug 19

C1

2 Bedrooms • 2 Baths • 1,211 Sq Ft

Starting at $2,092/mo

1 available unitPriceSq ftAvailableOpen unit
3217$2,0921,211Dec 7

C2

2 Bedrooms • 2 Baths • 1,404 Sq Ft

Starting at $2,231/mo

1 available unitPriceSq ftAvailableOpen unit
2110$2,2311,404Oct 12

C1R

2 Bedrooms • 2 Baths • 1,211 Sq Ft

Starting at $2,315/mo

7 available unitsPriceSq ftAvailableOpen unit
2122$2,3151,211Aug 3
2417$2,3251,211Aug 10
3425$2,4411,211Oct 6
2117$2,4161,211Oct 9
2322$2,4261,211Oct 10
3316$2,5261,211Oct 15
2217$2,5001,211Oct 20

C2R

2 Bedrooms • 2 Baths • 1,404 Sq Ft

Starting at $2,512/mo

2 available unitsPriceSq ftAvailableOpen unit
2310$2,5121,404Jul 27
2218$2,6211,404Oct 1

See all 101 units listed at Promenade Place, including ones no longer available.


Rent history

Over the past year, the average asking rent at Promenade Place has ranged from $2,013 to $2,427. The current average is $2,013, the lowest in the past year.

Prices reflect the average advertised rent across units listed as available each day (161 days observed).
MonthAverage asking rentLowest – highestUnits listed
Oct 2026$2,112$1,535 – $2,99431
Sep 2026$2,183$1,700 – $2,78629
Aug 2026$2,186$1,606 – $4,01921
Jul 2026$2,245$1,537 – $4,50826
Jun 2026$2,239$1,397 – $4,74228
May 2026$2,180$1,339 – $4,71930
Apr 2026$2,119$1,237 – $2,99336
Mar 2026$2,095$1,655 – $2,99936

Fees & lease terms

  • Rent

    $1,602 – $2,621/mo
  • Earliest move-in

    Mar 17

Monthly fees

Parking - Covered

$100/mo

Pet Rent

$35/mo

Utility - Billing Administrative Fee

$6.06/mo

Due at signing

Application Fee

$39

Package Services - Registration

$20

Pet Deposit (Refundable)

$300

Security Deposit (Refundable)

$500

Utility - Final Bill Fee

$17

Utility - New Account Fee

$17

Cost to rent here

The all-in monthly cost by apartment size.

Lowest-priced apartment: A1 at $1,602

$1,959/mo

$357/mo above the advertised rent

  • Rent

    $1,602

  • Parking - Covered

    $100

  • Pet Rent

    $35

  • Utility - Billing Administrative Fee

    $6

  • Electric, gas, water

    est.

    $136

  • Internet

    est.

    $67

  • Renters insurance

    est.

    $13

  • All-in monthly

    $1,959

By apartment size

SizeRent fromAll-in monthlyIncome to qualify
1 bedroom$1,602$1,959$57,672/yr
2 bedrooms$2,092$2,513$75,312/yr

Landlords commonly look for a monthly income of three times the rent, about $57,672 a year for the $1,602 one-bedroom.

Rows marked “est.” are averages for this area scaled to the apartment, not quotes from the property. The income figure is a common screening rule, not this property’s requirement.

Amenities

  • Air Conditioning

  • Dishwasher

  • Ev Charging Stations

  • Executive Business Center And Conference Room

  • Fitness Center

  • Gated Access

  • Heated Resort Style Pool & Spa

  • High Speed Wi-Fi With Multiple Workstations Featuring Pc And Mac Computers

  • Outdoor Grilling Stations, Fireplace, Flat-Screen Tv, And Dining

  • Parcel Pending Package Lockers

  • Patio/Balcony

  • Pet Friendly

  • Resident Club Room

  • Smoke Free

  • State-Of-The-Art Fitness Center

  • Swimming Pool

  • Washer/Dryer


Amenity photos

  • Pool
    2 photos
  • Lobby

Location

5200 S Ulster St, Greenwood Village, CO, 80111


Resident reviews

3.7 · 200+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Management3.2
Amenities and Shared Spaces2.6
Maintenance3.6
Building Quality2.3
Location3.8

Promenade Place offers a well-located property with spacious units and responsive maintenance staff, but residents report significant ongoing challenges including extended construction disruptions, recurring infrastructure failures (elevators, plumbing, package systems), pest issues, and inconsistent management communication. While individual staff members receive consistent praise for professionalism and helpfulness, systemic property maintenance and operational issues have created frustration among a substantial portion of the resident base.

Management experiences are highly polarized. Positive reviews consistently praise responsive, professional leasing and maintenance staff who handle requests efficiently and communicate clearly. However, negative reviews document significant operational challenges including prolonged unresolved maintenance issues (elevators, package lockers, hot tub), poor communication about construction timelines and amenity closures, inconsistent staff responsiveness, and concerns about security and property upkeep. Recent management transitions appear to correlate with service quality fluctuations.

Amenities at this property have been significantly disrupted by ongoing renovations since early 2025, with the gym, pool, package room, and clubhouse closed or unavailable for extended periods. Residents report chronic issues with package lockers, elevator malfunctions lasting months, and inadequate maintenance response times. While some residents praise the garage parking and appreciate amenities when operational, the majority express frustration over lack of communication regarding renovation timelines and no rent concessions during amenity closures. Common area maintenance concerns include trash overflow, pest issues, and cleanliness problems.

Maintenance staff are consistently praised for responsiveness, professionalism, and technical competence in addressing repair requests, with many residents reporting quick resolution of HVAC, plumbing, and appliance issues. However, systemic challenges persist including delayed work order assignment, incomplete repairs requiring follow-up visits, and unresolved infrastructure problems such as outdated plumbing prone to leaks and recurring fire alarm malfunctions. Response times vary significantly, with some repairs completed within hours while others take weeks or months, and communication about timelines and follow-through on promised actions remains inconsistent.

Residents report significant building maintenance and condition issues, with persistent problems including non-functional elevators (some out for weeks to months), frequent fire alarm malfunctions, ongoing construction disruptions lasting over a year, and pest infestations (rats and pigeons). Common complaints center on poor noise insulation, deteriorating finishes, slow maintenance response times, and unavailable amenities during extended renovations. A small number of recent reviews praise unit quality and staff responsiveness, but these are substantially outweighed by reports of deferred upkeep, mold, water damage, and overall building disrepair.

The property benefits from a highly convenient DTC location with excellent access to I-25, I-225, nearby restaurants, grocery stores, and light rail, making commuting and daily errands straightforward. Covered parking is included and generally appreciated, though some residents report ongoing parking assignment issues. The quiet, walkable neighborhood with nearby amenities is consistently praised, though ongoing construction and management transitions have created mixed experiences regarding overall property operations.

Summaries are written by AI from reviews residents posted on public review sites such as Google and ApartmentRatings. Each topic shows how many of those reviews discuss it.

Getting around

Very Walkable

Somewhat Bikeable


About this property

Create your sanctuary in our one, two, and three-bedroom mid-rise apartment homes nestled in the heart of the Denver Tech Center (DTC) in Greenwood Village, Colorado. Embrace breathtaking views of the majestic Rocky Mountains that stretch across the horizon, offering a daily reminder of Colorado's natural beauty. Experience unparalleled convenience with immediate access to everything you need, from top-tier dining and shopping to renowned business headquarters. Whether you're commuting to work or exploring the vibrant local scene, our prime location ensures you're always at the center of the action. Indulge in the luxury of spacious, thoughtfully designed apartment layouts that cater to every lifestyle. Each home is crafted with your comfort in mind, featuring modern amenities and stylish finishes that create an atmosphere of tranquility and sophistication. At our sanctuary in the DTC, discover a place where panoramic views meet urban convenience, promising a living experience that exceeds expectations.

  • Building

    Apartment · Mid-Rise
  • Total units

    388

Nearby schools

SchoolTypeLevelDistance

Creme de la Creme Child Care Center

Private · Preschool
PrivatePreschool0.3 mi

Bliss Academy Early Learning

Private · Preschool
PrivatePreschool0.5 mi

Fusion Academy Denver

Private · High
PrivateHigh0.5 mi

My School Pre-School

Private · Preschool
PrivatePreschool0.6 mi

The Village Child Development

Private · Elementary
PrivateElementary0.8 mi

Village Child Development Center

Private · Preschool
PrivatePreschool0.8 mi

Montessori At Greenwood Plaza

Private · Elementary
PrivateElementary0.9 mi

La Petite Academy

Private · Preschool
PrivatePreschool0.9 mi

Cherry Creek High School

Public · High
PublicHigh0.9 mi

Hope Parents Day Out Pre-School

Private · Preschool
PrivatePreschool1.0 mi

Contact & management