Best Affordable Neighborhoods in Boulder, CO
Some of the cheapest neighborhoods in Boulder are South Street, Whittier-Boulder, and Aurora Terrace. These neighborhoods offer some of the lowest rent prices in Boulder, making them ideal for renters on a budget. As of December 12, 2025, the average rent in Boulder is $1,816, which is 6.6% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
South Street
Average Rent
$1,481/Month
TransitScore® Rating
51/100
Units Available
32 Rentals
South Street is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Street is $1,481 while the city average is $1,816. Residents enjoy convenient access to Naropa University, WaterStreet Plaza, and CU Boulder. The neighborhood is considered walkable with a WalkScore® of 91.
Whittier-Boulder
Average Rent
$1,524/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
53/100
Units Available
47 Rentals
Whittier-Boulder is a trendy neighborhood in the center of Boulder that residents love for the lively atmosphere and city feel with views of Boulder's iconic mountains. Renters will find quirky apartments and Victorian-style homes near Downtown Boulder's Pearl Street Mall.
Aurora Terrace
Average Rent
$1,535/Month
Units Available
25 Rentals
When you’re looking for a great Boulder neighborhood on a budget, check out Aurora Terrace. The average rent is $1,535, compared to the city average of $1,816. Aurora Terrace is convenient to NOAA's Earth System Research Laboratory, Naropa University, and CU Boulder.
Keewayden
Average Rent
$1,680/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
33/100
Units Available
28 Rentals
With nearby trails and mountain views, Keewayden is ideal for hikers. This peaceful area tucked in the southeastern corner of Boulder is known for its quiet streets and surrounding mountains. Keewayden is connected to the rest of Boulder by U.S. Route 36 and Foothills Parkway, allowing residents to enjoy Boulder's natural beauty without being secluded from the city.
Gunbarrel North
Average Rent
$1,684/Month
Units Available
23 Rentals
Gunbarrel North is an affordable neighborhood in Boulder with an average rent price of $1,684. Compare this to the city average of $1,816. Gunbarrel North provides easy access to CU Boulder, East Campus, Eagle Trailhead, and Sawhill Ponds Wildlife Preserve.
Park East
Average Rent
$1,685/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
35/100
Units Available
11 Rentals
Park East is a welcoming neighborhood with diverse housing options offering mountain views. Residents will appreciate the bikeable streets and nearby green areas, all while being close to the University of Colorado Boulder.
Baseline Sub
Average Rent
$1,757/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
57/100
Units Available
53 Rentals
Home to the University of Colorado Boulder's East Campus, Baseline Sub is a suburban neighborhood with a diverse selection of apartments and single-family homes. The neighborhood is just a few miles from Boulder's Flatirons, a Boulder landmark with numerous hiking trails.
Martin Acres
Average Rent
$1,759/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
55/100
Units Available
24 Rentals
Tucked between U.S. Route 36 and State Highway 93, Martin Acres is a charming neighborhood known for its quaint homes and convenient apartments. Residents will enjoy the quiet streets and suburban atmosphere close to Downtown Boulder. This area is perfect for renters seeking a laid-back, community-focused environment.
Gunbarrel
Average Rent
$1,851/Month
Year-Over-Year Rent Change
10.4%
TransitScore® Rating
25/100
Units Available
46 Rentals
If you’re looking for a great, affordable neighborhood in Boulder, Gunbarrel might be the perfect place! It has an average rent price of $1,851, while the city’s average stands at $1,816. In the last year, prices have decreased by 10.4%. Gunbarrel is near Eagle Trailhead, Cottonwood Trailhead, and White Rocks Trailhead.
Williams Village
Average Rent
$1,868/Month
TransitScore® Rating
60/100
Units Available
19 Rentals
Williams Village is a lively neighborhood located near the University of Colorado Boulder. Renters will enjoy the proximity to campus facilities, local eateries, and public transportation. The area is perfect for renters seeking a place to live with a convenient commute to the university.
Ready to make your move to Boulder? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.