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A housing startup is offering apartments in Denver with no lease, no security deposit, all utilities included and below the median rent.

Yes, but: There's one catch. You might have to move out with three days' notice.

Details: "Standby" living is a new residential offering from Landing, a subscription-based rental network with furnished apartments in Denver and across the U.S., Axios' Joann Muller reports.

The service is designed for the post-pandemic, work-from-anywhere economy.

The concept is similar to flying standby: You can get an apartment cheaply, but you might get bumped by a Landing member, who gets preference on apartment options.

Why it matters: In a city with ever-rising rental costs, Landing offers a more affordable option for people seeking maximum flexibility — including newcomers to the city, remote professionals, contract workers on temporary assignments or empty nesters exploring the country.

How it works: Landing's standard members pay $199 annually for access to rent one of the company's 20,000 apartments in more than 375 cities.

Rent is month-to-month, starting at a minimum of 30 days, with the best rates for those who commit to six months. Members can relocate at any time to another apartment — or another city — with two weeks' notice.

Landing furnishes and manages the apartments on behalf of building owners.

By the numbers: As of Friday, Landing had 44 standby listings around Denver for a flat rate of $1,295 per month —  about $1,500 cheaper than the median rent in Denver, per Redfin's March rental market report.

How to live on "standby" in Denver

Furnished apartments are offered for a flat rate of $1,295 per month — about $1,500 cheaper than the median rent in the city.

A standby apartment near Union Station. Photo: Courtesy of Landing

A housing startup is offering apartments in Denver with no lease, no security deposit, all utilities included and below the median rent.Yes, but: There&#x27;s one catch. You might have to move out with <a class="gtmContentClick" data-vars-link-text="three days&#x27; notice" data-vars-click-url="https://www.usatoday.com/story/money/personalfinance/real-estate/2023/02/21/living-standby-how-you-can-get-cheap-rent-but-theres-catch/11303360002/" data-vars-content-id="1acdd323-6483-4cfa-808d-e1c062662455" data-vars-headline="How to live on &quot;standby&quot; in Denver" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.usatoday.com/story/money/personalfinance/real-estate/2023/02/21/living-standby-how-you-can-get-cheap-rent-but-theres-catch/11303360002/" target="_blank">three days&#x27; notice</a>.

Real Estate

Axios Denver, anchored by John Frank and Alayna Alvarez, is here to help readers get smarter, faster on the most consequential news and developments unfolding in their own backyard.

Data: S&P Global Mobility; Chart: Alayna Alvarez/Axios

Pickup trucks are getting bigger and heavier, and their popularity is soaring in the Centennial State. 

Driving the news: Half of Denver's 10 bestselling vehicles are pickup trucks, according to vehicle registration data collected from January through November 2022 by S&P Global Mobility.

Statewide, the "light truck" market — which includes pickups, SUVs and vans — held a nearly 87% share of vehicles registered in the fourth quarter of 2022, according to the latest figures from the Colorado Automobile Dealers Association.

Yes, but: Registrations for light trucks were down 12.7% during the fourth quarter of '22 compared to the year before with 193,248 sold in 2021 and with 168,748 last year.

The big picture: As trucks transitioned from gravel-bearing workhorses to family cruisers in the past 40 years, their size and weight have ballooned, according to a new Axios Visuals special project. 

Cabs expanded, beds shrank and full-size trucks picked up a heftier share of the market.

Why it matters: Pedestrian and road safety advocates say today's massive trucks are a hazard, given their size, weight and driver blind spots.

Of note: Of the 26 cities where Axios obtained data, Denver and Seattle were the only two markets in which two Subaru models landed among the 10 bestselling vehicles.  

What's next: Electric vehicles. Colorado's electric and hybrid vehicle markets saw major growth in the fourth quarter last year.

The market share for battery electric vehicles, for example, skyrocketed 48% year-over-year, per the Colorado Automobile Dealers Association. 

Half of Denver's 10 bestselling vehicles are pickup trucks

Pickup trucks are getting bigger and heavier, and Coloradans are cashing in.

Pickup trucks are getting bigger and heavier, and their popularity is soaring in the Centennial State. Driving the news: Half of Denver&#x27;s 10 bestselling vehicles are pickup trucks, according to vehicle registration data collected from January through November 2022 by S&amp;P Global Mobility.

Joann Muller

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How to live on "standby" in Denver

Half of Denver's 10 bestselling vehicles are pickup trucks