Welcome to Denver, Colorado, fondly referred to as the Mile High City! Situated against the majestic Rocky Mountains, Denver seamlessly blends urban elegance with outdoor excitement. Whether you're captivated by its breathtaking mountain views or immersed in its vibrant art scene, Denver promises a lifestyle unlike any other.
As expected, living in Denver can be pricey, particularly when it comes to finding the right apartment. However, there are numerous neighborhoods in Denver that provide affordable housing options while ensuring a high quality of life.
In 2024, the five cheapest neighborhoods in Denver are:
- Virginia Village
- Hampden
- Gateway
- Glendale University Area
- East Denv
Virginia Village
- Average 1-bedroom rent in Denver: $1,681/month
- Average 1-bedroom rent in Virginia Village: $1,371/month
- Median Home Value in Virginia Village: $650,000
Virginia Village, tucked away in southeast Denver, is a hidden gem renowned for its mid-century modern architecture and diverse dining scene. This neighborhood offers a suburban ambiance within the city, blending old-world charm with modern amenities. Residents enjoy a variety of housing options, from charming bungalows and ranch-style homes to sleek apartments and townhouses. With Interstate 25 bordering its western edge, Virginia Village ensures convenient connectivity to downtown Denver and beyond.
Things to do in Virginia Village, CO
This neighborhood boasts several parks, such as Ash Grove Park and Garland Park, providing ample opportunities for outdoor activities. Whether you prefer morning jogs, rounds of frisbee golf, or leisurely picnics beneath Colorado's azure skies, there's something here for everyone. For those inclined towards shopping, the Cherry Creek Shopping Center is conveniently located nearby, offering a diverse selection of retail stores and dining experiences. Residents also have easy access to a variety of apartments, making it a well-rounded community for diverse lifestyles.
Hampden
- Average 1-bedroom rent in Denver: $1,681/month
- Average 1-bedroom rent in Hampden: $1,442/month
- Median Home Value in Hampden: $497,000
Hampden, situated on Denver's southeastern edge, is a tranquil neighborhood that blends scenic beauty with abundant recreational opportunities. Its tree-lined streets, expansive green areas, and panoramic vistas of the Rocky Mountains give Hampden a charming mountain town atmosphere within an urban setting. The neighborhood is well-linked to downtown Denver via Interstate 25 and light rail, ensuring convenient commuting options for residents. Hampden also offers a variety of apartment choices, making it a desirable location for a diverse range of lifestyles.
Hampden, CO offers a plethora of activities for residents to enjoy, situated adjacent to the renowned Cherry Creek Reservoir. This locale provides opportunities for a range of water sports and outdoor pursuits, including sailing and paddleboarding in the summer, and cross-country skiing during the winter months. Beyond outdoor adventures, Hampden boasts an array of dining venues and shopping centers to explore. Whether you're seeking a new apartment or looking to enjoy the vibrant community amenities, Hampden provides a dynamic blend of recreational and urban experiences.
Gateway
- Average 1-bedroom rent in Denver: $1,681/month
- Average 1-bedroom rent in Gateway: $1,674/month
- Median Home Value in Gateway: $510,0
Located on the northeastern outskirts of Denver, Gateway is a serene neighborhood providing residents with a peaceful retreat from the bustling city life. Known for its affordable apartment options, expansive open spaces, and strong community bonds, Gateway embodies a welcoming atmosphere that feels like home. The neighborhood enjoys excellent connectivity to downtown Denver through multiple bus routes and a nearby light rail station, catering to the needs of commuters and enhancing its appeal as a residential choice.
Things to do in Gateway, CO
Gateway presents residents with an abundance of recreational opportunities. Situated adjacent to the Rocky Mountain Arsenal National Wildlife Refuge, the neighborhood offers chances to observe bison, deer, and eagles, as well as opportunities for tranquil nature walks. First Creek at DEN Open Space is another favored destination among outdoor enthusiasts. For those who prefer indoor activities, Gateway provides an array of dining and shopping options conveniently located within the neighborhood.
Beyond its outdoor and retail offerings, Gateway is celebrated for its affordability and recent economic expansion. Families are drawn to the neighborhood for its highly regarded school district, while long-term residents appreciate the sense of community fostered through various local events. Whether you're seeking a new apartment or embracing the community spirit, Gateway ensures a well-rounded living experience.
Glendale University Area
- Average 1-bedroom rent in Denver: $1,681/month
- Average 1-bedroom rent in Glendale University Area: $1,272/month
- Median Home Value in Glendale University Area: $355,000
Located in the heart of Denver, the Glendale University Area seamlessly combines urban vibrancy with suburban tranquility, offering residents a diverse living experience. This dynamic neighborhood features a mix of residential apartments, commercial hubs, and educational institutions, fostering a lively atmosphere. Despite its central setting, the community spirit thrives in Glendale University Area, creating an inviting environment for its residents. Easy access to several bus routes and nearby light rail stations ensures convenient commuting options to downtown Denver, enhancing the neighborhood's appeal as a prime residential location.
Things to do in Glendale University Area, CO
The Glendale University Area buzzes with a vibrant younger demographic and a rich array of entertainment options. This neighborhood boasts Infinity Park, a renowned rugby stadium that hosts both local competitions and international matches, adding to its dynamic atmosphere. Residents enjoy a diverse selection of dining and shopping venues conveniently located nearby. Additionally, the neighborhood features numerous parks and open spaces, providing ample opportunities for outdoor recreation right at residents' doorsteps. Whether you're looking for a new apartment or seeking an active lifestyle, Glendale University Area offers a lively and engaging community environment.
East Denver 
- Average 1-bedroom rent in Denver: $1,681/month
- Average 1-bedroom rent in East Denver: $811/month
- Median Home Value in East Denver: $563,000
Located on the eastern edge of Denver, East Denver provides residents with a suburban lifestyle enriched by the conveniences of city living. This neighborhood is celebrated for its affordable apartment options, family-friendly environment, and seamless connectivity to downtown via Interstate 70, making it an ideal choice for individuals seeking a harmonious blend of urban amenities and suburban tranquility.
Things to do in East Denver, CO
East Denver is a neighborhood that embraces outdoor living. Featuring several parks such as Montbello Central Park and Green Valley Ranch East Park, residents have abundant opportunities for outdoor activities and relaxation. The neighborhood also offers a diverse selection of dining options, ranging from cozy cafes to restaurants serving international cuisine, showcasing the rich cultural diversity of its inhabitants. Whether you're looking for a new apartment or enjoying the vibrant local scene, East Denver ensures a vibrant and engaging community experience.