As the city continues to grow, finding the cheapest neighborhoods in Denver remains a top priority for renters looking to balance cost and convenience. Whether you’re a first-time renter, or just looking to grow your savings, exploring apartments in Denver can help you find a community that fits your lifestyle and budget.
In this Rent. article, we’ll explore some of the most affordable neighborhoods in Denver, complete with neighborhood highlights and key details to help you find your perfect home.
Here’s a quick look at some of the most budget-friendly neighborhoods in Denver and what you can expect to pay for a one-bedroom apartment in each area.
| Neighborhood | Average 1-bedroom rent |
| Virginia Village | $1,381 |
| Windsor | $1,407 |
| Capitol Hill | $1,433 |
| Near Southeast Denver | $1,464 |
| West Denver | $1,481 |
| Cheesman Park | $1,497 |
| Park Hill | $1,625 |
| Near Northeast Denver | $1,625 |
| Highland Park | $1,646 |
| Southwest Denver | $1,664 |
1. Virginia Village
Average 1-bedroom rent: $1,381 | YoY change: 14%
Average 2-bedroom rent: $1,675 | YoY change: 19%
Neighborhood highlights: Quaint residential feel, convenient access to Cherry Creek, growing food scene
Virginia Village is a peaceful, laid-back neighborhood with a suburban vibe. It’s perfect for renters who want a quiet escape but still need to be close to the action. The Cherry Creek Trail is right around the corner, offering scenic paths for biking and running, while local spots like Esters Neighborhood Pub serve up great food and a welcoming atmosphere.
2. Windsor
Average 1-bedroom rent: $1,407 | YoY change: 34%
Average 2-bedroom rent: $1,836 | YoY change: 60%
Neighborhood highlights: Close to Cherry Creek State Park, quiet suburban streets
If you’re looking for affordability and a friendly vibe, Windsor has you covered. It’s just minutes from Cherry Creek State Park, where you can hike, paddleboard, or just unwind outdoors. The neighborhood’s calm, suburban feel makes it a top choice for renters who want space to relax while staying connected to Denver.
3. Capitol Hill
Average 1-bedroom rent: $1,433 | YoY change: 10%
Average 2-bedroom rent: $1,914 | YoY change: 1%
Neighborhood highlights: Iconic Victorian homes, dynamic nightlife, eclectic coffee shops
Capitol Hill is where history meets city living, all without breaking the bank. This lively neighborhood is home to landmarks like the Molly Brown House Museum and a buzzing coffee shop scene. Cheesman Park, a local favorite, offers green space and stunning views, perfect for a sunny afternoon.
4. Near Southeast Denver
Average 1-bedroom rent: $1,464 | YoY change: 7%
Average 2-bedroom rent: $1,807 | YoY change: 2%
Neighborhood highlights: Proximity to Denver Tech Center, well-maintained parks, easy commuting options
Near Southeast Denver gives you the best of both worlds: urban convenience with a touch of suburban charm. The Denver Tech Center is nearby, and Tamarac Square has everything from shopping to dining. For a breath of fresh air, James A. Bible Park is just down the road. Commuting is a breeze with easy access to I-25 and multiple RTD light rail stations nearby.
5. West Denver
Average 1-bedroom rent: $1,481 | YoY change: -25%
Average 2-bedroom rent: $1,761 | YoY change: -18%
Neighborhood highlights: Diverse dining spots, access to Sloan’s Lake
West Denver is a go-to for renters who want affordable living with personality. It’s home to Sloan’s Lake, one of the city’s biggest parks, where you can take in mountain views while kayaking or jogging the trails. The area’s food scene is as diverse as its residents, with everything from taco joints to trendy food trucks.
6. Cheesman Park
Average 1-bedroom rent: $1,497 | YoY change: 7%
Average 2-bedroom rent: $2,392 | YoY change: 20%
Neighborhood highlights: Lush green spaces, historic mansions, peaceful vibe near downtown
Cheesman Park is all about history, greenery, and affordable charm. The park itself is a quiet escape with trails and mountain views, while the surrounding streets are lined with historic mansions and cool cafes. Local restaurants like Wyman’s No. 5 are a favorite and add a fun, low-key vibe to the neighborhood. It’s also right next to the Denver Botanic Gardens, a great spot to explore seasonal blooms or catch an outdoor concert.
7. Park Hill
Average 1-bedroom rent: $1,625 | YoY change: 2%
Average 2-bedroom rent: $2,125 | YoY change: -34%
Neighborhood highlights: Strong sense of community, local markets
Many call Park Hill one of Denver’s best neighborhoods, with tree-lined streets and a warm community feel. It’s close to City Park and the Denver Museum of Nature & Science, so you’ll never run out of things to do. Add in its cute bungalows and weekly farmers’ markets, and you’ve got a renter’s dream. Commuting is easy, too, with quick access to major roads like I-70 and nearby RTD bus routes connecting you to downtown and beyond.
8. Near Northeast Denver
Average 1-bedroom rent: $1,625 | YoY change: 8%
Average 2-bedroom rent: $3,860 | YoY change: 21%
Neighborhood highlights: Trendy new developments, vibrant street art, urban convenience
Near Northeast Denver is a neighborhood with a mix of new developments and historic charm. The area’s street art scene, highlighted by murals in RiNo (River North Art District), gives it an artsy, creative vibe. Trendy breweries and easy access to downtown make this a hotspot for renters.
9. Highland Park
Average 1-bedroom rent: $1,646 | YoY change: N/A
Average 2-bedroom rent: $2,335 | YoY change: N/A
Neighborhood highlights: Scenic views of downtown, popular breweries, boutique shops
Highland Park is a cozy, scenic neighborhood in Denver with stunning views of downtown. The 32nd Avenue shopping district is full of unique boutiques and tasty eateries, making it a great place to explore on weekends. Its relaxed atmosphere and affordable rentals make it a favorite for those who want style without the hefty price tag.
10. Southwest Denver
Average 1-bedroom rent: $1,664 | YoY change: -10%
Average 2-bedroom rent: $2,154 | YoY change: -1%
Neighborhood highlights: Access to Bear Creek Park, diverse eateries
Southwest Denver has a little bit of everything: suburban comfort, outdoor adventures, and an amazing food scene. Bear Creek Park is a local gem with hiking trails and picnic spots, while the area’s multicultural restaurants keep things exciting. It’s a practical, affordable choice for renters who want it all.
Methodology: All neighborhoods listed are based on Denver’s Rental Market Trends on Rent.com. Average rental data and annual change data are sourced from January 2025.
