5 Most Affordable Neighborhoods in Denver, CO
Searching for Denver rentals on a budget? Explore the most affordable neighborhoods in the city with our detailed guide.
Area Guide
Avg Rent
$1,632
Population
716,274
Renter Mix
55% Rent
"Denver is Colorado's state capital and the economic heartbeat of the entire Rocky Mountain region. With a population topping 715,000 across 155 square miles, the city carries the energy of a major metro while holding onto the laid-back spirit that defines life along the Front Range. The University of Denver and Metropolitan State University anchor the city's academic scene, and a broad range of industries, from aerospace and energy to healthcare and technology, keeps the local economy strong and steadily growing.
Neighborhoods like Capitol Hill, RiNo (River North Art District), and Washington Park each offer a distinct personality, giving renters plenty of options to match their lifestyle. Capitol Hill buzzes with arts and culture, RiNo draws creative energy with its gallery-lined streets, and Washington Park delivers a quieter, tree-canopied setting. Denver also holds a notable distinction as the only consolidated city-county in Colorado, a status that shapes both its governance and its tight-knit identity.
The rental landscape reflects the city's range. Renters can choose from sleek high-rise apartment communities downtown, converted loft spaces in repurposed industrial buildings throughout RiNo, and bungalow-style townhomes in residential corridors across the city. Whether you prefer a rooftop view of the Rockies or a cozy walk-up near a neighborhood coffee shop, Denver's housing mix has something worth exploring."
Curtis Park residents are just blocks away from Coors Field, home of the Colorado Rockies.
Take a leisurely walk along the river in Auraria.
Sparks of history are prevalent throughout Lower Downtown.
Curtis Park is a great place to call home with plenty to do.
Cheesman Park Art Fest showcases hand-made American-made work, sold directly by the artist.
Larimer Square Bazaar
Median Household Income
$85,001
Average: $112,289
Education
318,491
Residents Have a Degree
Job Market
419,215
Workers Employed
Median Age
37 Years
Largest Age Group
30-39 Years
Approximately 21% of Residents
Under 20
21%
Over 65
13%
Housing Distribution
Denver has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of June 2026, the average apartment rent in Denver, CO is $1,395 for a studio, $1,632 for one bedroom, $2,148 for two bedrooms, and $2,876 for three bedrooms. Apartment rent in Denver has decreased by -2.8% in the past year.
The cost of living in Denver, CO is 10.0% higher than the national average. Generally, housing in Denver is 20.3% more expensive than the national average, with rent falling between $1,395 - $2,876. You can expect to pay 2.0% more for groceries, 13.0% less for utilities, and 1.6% less for transportation.
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5 Most Affordable Neighborhoods in Denver, CO
Searching for Denver rentals on a budget? Explore the most affordable neighborhoods in the city with our detailed guide.
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Best Neighborhoods for Renters in Denver, CO
Thinking about moving to Denver, but don’t know where to look? Here are five neighborhoods to start your search.
Explore how walkable, bikeable, drivable, and transit-friendly Denver, CO is for everyday living.
Fairly Walkable
Walkability
Good Public Transit
Transit
Exceptionally Drivable
Drivability
Moderately Bikeable
Bikeability
Public
Grades PK-5
389 Students
Public
Grades PK-5
313 Students
French American School of Denver
Public
Grades K-5
143 Students
William (Bill) Roberts K-8 School
Public
Grades K-8
828 Students
Public
Grades K-8
752 Students
McAuliffe International School
Public
Grades 6-8
1,487 Students
William (Bill) Roberts K-8 School
Public
Grades K-8
828 Students
Public
Grades K-8
752 Students
Public
Grades 6-8
631 Students
Public
Grades PK-8
550 Students
DSST: Conservatory Green High School
Public
Grades 9-12
574 Students
Public
Grades 9-12
570 Students
Public
Grades 9-12
558 Students
Public
Grades 9-12
2,505 Students
Public
Grades 9-12
1,872 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† 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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.