Moving to Denver in 2025? Explore the Best Affordable Neighborhoods to Consider

Denver, a dynamic city nestled at the foot of the Rocky Mountains, offers a fantastic quality of life. However, like many large urban hubs, the cost of living can be a concern. On average, the cost of living in Denver is 4% higher than the Colorado average and 10% higher than the U.S. average. That said, budget-minded renters searching for apartments in Denver face a challenging situation: The national average rent stands at $1,748 as of November 2024, but the average rent in Denver is significantly higher, at $1,975. Despite these figures, there are still pockets of affordability in the city — you just need to know where to look. To help apartment hunters navigate this competitive rental market, we’ve rounded up five of the best affordable neighborhoods:

• Chaffee Park
• Regis
• Virginia Village
• Hilltop
• Indian Creek

These areas offer reasonable rents without compromising on amenities, attractions, or community vibe. Read on to discover the most popular neighborhoods where you can find budget-friendly apartments in Denver this year.

1. Chaffee Park

Average Rent as of November 2024: $1,500

Chaffee Park is a hidden gem in Denver, with rents hovering around $1,500, which is a whopping $475 below the city average. This neighborhood is known for its quiet streets and friendly community atmosphere. Renting an apartment in Chaffee Park means you’ll have access to beautiful parks, such as Zuni Park, which is perfect for outdoor activities and picnics.

The neighborhood also boasts easy access to major highways, making commuting a breeze. Local attractions include the Regis University campus and the lively Tennyson Street, which offers a variety of shops, restaurants, and entertainment options.

2. Regis

Average Rent as of November 2024: $1,559

Regis is another budget-friendly neighborhood in Denver, with an average rent of $1,559. This area is popular among students and young professionals due to its proximity to Regis University. The neighborhood offers a mix of historic charm and modern amenities, with plenty of green spaces like Berkeley Lake Park.

Renting in Regis means you’ll be close to the bustling Highlands neighborhood, known for its trendy boutiques, cafes, and nightlife. Additionally, the area has excellent public transportation options, making it easy to get around the city.

3. Virginia Village

Average Rent as of November 2024: $1,662

With an average rent of $1,662, Virginia Village is a great option for those seeking affordable neighborhoods in Denver. This area is known for its mid-century modern homes and tree-lined streets. Plus, renting an apartment in Virginia Village provides access to the Cherry Creek Trail, perfect for biking and jogging.

The neighborhood also has a variety of shopping and dining options, including the popular Colorado Boulevard corridor. Local attractions include the Four Mile Historic Park and the Glendale Sports Center, offering recreational activities for all ages.

4. Hilltop

Average Rent as of November 2024: $1,677

Hilltop is one of the safest neighborhoods in Denver, with an average rent of $1,677. This area is known for its upscale homes and well-maintained streets. Renting in Hilltop means you’ll be living in a family-friendly environment with access to top-rated schools and beautiful parks like Cranmer Park.

The neighborhood also offers a variety of amenities, including boutique shopping and fine dining options along 6th Avenue. Local attractions include the Denver Botanic Gardens and the Cherry Creek Shopping Center, providing plenty of entertainment and leisure activities.

5. Indian Creek

Average Rent as of November 2024: $1,571

Indian Creek, with an average rent of $1,751, is a budget-friendly neighborhood that offers a suburban feel within the city. This area is known for its quiet streets and well-kept homes. Renting an apartment in Indian Creek means you’ll have access to the High Line Canal Trail, which is a popular spot for outdoor enthusiasts.

Indian Creek also offers shopping and dining options, including the nearby Cherry Creek Shopping District. Local attractions include the Kennedy Golf Course and the Cherry Creek State Park, offering plenty of recreational opportunities.

Denver offers several affordable neighborhoods that provide a great quality of life for renters. Whether you’re looking for a quiet suburban feel or a dynamic urban environment, neighborhoods like Chaffee Park, Regis, Virginia Village, Hilltop, and Indian Creek have something to offer.

If you’re searching for the best affordable neighborhoods to rent in Denver in 2025, these areas are definitely worth considering. Interested in affordable neighborhoods in other cities? Explore our guides for Miami; Minneapolis; Reno, NV; Columbus, OH; Hialeah, FL; Fayetteville, NC; Salt Lake City; Washington, DC; Knoxville, TN; and St. Paul, MN.