Best Affordable Neighborhoods in Boulder, CO
Some of the cheapest neighborhoods in Boulder are South Street, Aurora Terrace, and Whittier-Boulder. These neighborhoods offer some of the lowest rent prices in Boulder, making them ideal for renters on a budget. As of December 19, 2025, the average rent in Boulder is $1,807, which is 7.2% 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
$1,493/Month
TransitScore® Rating
51/100
Units Available
26 Rentals
If you’re looking for a great, affordable neighborhood in Boulder, South Street might be the perfect place! It has an average rent price of $1,493, while the city’s average stands at $1,807. South Street is near CU Boulder, East Campus, CU Boulder, and Sommers-Bausch Observatory.
Aurora Terrace
Average Rent
$1,525/Month
Units Available
27 Rentals
Aurora Terrace is a top choice for budget-conscious renters for a variety of reasons. The average rent in Aurora Terrace is $1,525 while the city average is $1,807. Residents enjoy convenient access to Williams Village Shopping Center, NOAA's Earth System Research Laboratory, and Naropa University.
Whittier-Boulder
Average Rent
$1,535/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
53/100
Units Available
41 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.
Gunbarrel North
Average Rent
$1,660/Month
Units Available
24 Rentals
When you’re looking for a great Boulder neighborhood on a budget, check out Gunbarrel North. The average rent is $1,660, compared to the city average of $1,807. Gunbarrel North is convenient to Gunbarrel Shopping Center, White Rocks Trailhead, and Cottonwood Trailhead.
Park East
Average Rent
$1,685/Month
Year-Over-Year Rent Change
3.1%
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.
Keewayden
Average Rent
$1,694/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
33/100
Units Available
29 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.
Martin Acres
Average Rent
$1,759/Month
Year-Over-Year Rent Change
1.4%
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.
Baseline Sub
Average Rent
$1,775/Month
TransitScore® Rating
57/100
Units Available
92 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.
Williams Village
Average Rent
$1,843/Month
TransitScore® Rating
60/100
Units Available
48 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.
Gunbarrel
Average Rent
$1,859/Month
Year-Over-Year Rent Change
10.9%
TransitScore® Rating
25/100
Units Available
45 Rentals
Gunbarrel is an affordable neighborhood in Boulder with an average rent price of $1,859. Compare this to the city average of $1,807. In the past year, rent prices have decreased by 10.9%. Gunbarrel provides easy access to CU Boulder, East Campus, Cottonwood Square, and Gunbarrel Shopping Center. It’s a car-dependent neighborhood with a WalkScore® of 42.
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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.