Most 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 October 27, 2025, the average rent in Boulder is $1,922, which is 1.2% 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
$1,488/Month
TransitScore® Rating
51/100
Units Available
25 Rentals
When you’re looking for a great Boulder neighborhood on a budget, check out South Street. The average rent is $1,488, compared to the city average of $1,922. South Street is convenient to CU Boulder, Sommers-Bausch Observatory, and CU Boulder, East Campus. The community is walkable with a WalkScore® of 91.
Whittier-Boulder
Average Rent
$1,506/Month
Year-Over-Year Rent Change
2.8%
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.
Aurora Terrace
Average Rent
$1,533/Month
Units Available
21 Rentals
Aurora Terrace is an affordable neighborhood in Boulder with an average rent price of $1,533. Compare this to the city average of $1,922. Aurora Terrace provides easy access to Denver International, Fiske Planetarium and Science Center, and Base-Mar Shopping Center.
Gunbarrel North
Average Rent
$1,688/Month
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Boulder, Gunbarrel North might be the perfect place! It has an average rent price of $1,688, while the city’s average stands at $1,922. Gunbarrel North is near Cottonwood Trailhead, Eagle Trailhead, and Sawhill Ponds Wildlife Preserve.
Martin Acres
Average Rent
$1,744/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
55/100
Units Available
28 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.
Williams Village
Average Rent
$1,752/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.
Baseline Sub
Average Rent
$1,821/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
57/100
Units Available
50 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.
Keewayden
Average Rent
$1,839/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
33/100
Units Available
26 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
Average Rent
$1,939/Month
Year-Over-Year Rent Change
10.8%
TransitScore® Rating
25/100
Units Available
41 Rentals
Gunbarrel is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gunbarrel is $1,939 while the city average is $1,922. This is a -10.8% difference from last year. Residents enjoy convenient access to Sawhill Ponds Wildlife Preserve, Eagle Trailhead, and Gunbarrel Center. The neighborhood is considered car-dependent with a WalkScore® of 42.
Arapahoe Ridge
Average Rent
$2,054/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
38/100
Units Available
20 Rentals
When you’re looking for a great Boulder neighborhood on a budget, check out Arapahoe Ridge. The average rent is $2,054, compared to the city average of $1,922. Rent prices have decreased by 1.5%. Arapahoe Ridge is convenient to Naropa University, Sommers-Bausch Observatory, and NOAA's Earth System Research Laboratory. The community is somewhat walkable with a WalkScore® of 64.
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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.