NOVEL RiNo by Crescent Communities
1350 40th St,
Denver, CO 80205
$1,744 - $4,888 | Studio - 2 Beds
Cole
Denver, CO
Cole - Denver, CO
Area Guide
Niche Reviews 
Trendy and affordable, Cole is a neighborhood on the rise
Urban
•
Up-and-Coming
•
Great Location
•
Affordable
•
Diverse
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Next to the River North Art District and Five Points, just a few minutes from downtown Denver, Cole is an up-and-coming neighborhood. This area is in transition, offering a lower cost of living and a wide selection of rental properties available from modern apartments to Victorian-era homes. The community is tight-knit. You can often see children playing in the area’s green spaces, and families bond at cultural events held at the Saint Charles or harvest crops at one of the neighborhood community gardens.
Apartment rentals are popular due to the neighborhood's proximity to downtown Denver and other hot spots. Coors Field and the beautiful City Park Zoo can be found minutes away. Rino Beer Garden in the neighborhood offer a huge selection of craft beers with a year-round patio, but locals have quick access to the plethora of breweries and eateries in the nearby arts district and Five Points. If you’ll looking for a community on the rise with great location to major city destinations, try renting in Cole.
Rent Trends
As of June 2025, the average apartment rent in Cole is $2,050 for a studio, $2,157 for one bedroom, $3,053 for two bedrooms, and $3,200 for three bedrooms. Apartment rent in Cole has decreased by -4.8% in the past year.
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Studio
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577 sq ft
Average Sq Ft
-
$2,050/month
Average Rent
-
1 BR
-
721 sq ft
Average Sq Ft
-
$2,157/month
Average Rent
-
2 BR
-
1,103 sq ft
Average Sq Ft
-
$3,053/month
Average Rent
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3 BR
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1,400 sq ft
Average Sq Ft
-
$3,200/month
Average Rent
Transportation
85
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
55
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
93
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Reviews of Cole - Denver, CO
Niche Reviews
9 Reviews
Niche User
10 years ago•Niche Review
There are crimes every now and then, but I never feel unsafe or afraid.
Niche User
10 years ago•Niche Review
Our house is wonderful and our yard is nice and enjoyable. However, a lot of people in this area do not take care of their houses and yards, so they look run-down and ugly.
Niche User
10 years and 6 months ago•Niche Review
The Stores in this neighborhood are 'OK' stores, most of the local stores are: drug and liquor, corner store or seven eleven. They are kind people, who work hard. if you ask a person or employee for help they will most likely focus their attention on helping you and getting what you want if they have it.
Points of Interest
Shopping Centers
Parks and Recreation
- City of Axum Park
- Lower Downtown Historic District (LoDo)
- City Park of Denver
- Denver Zoo
- Denver Museum of Nature & Science
Military Bases
Airports
- Denver International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.