Most Affordable Neighborhoods in Boulder, CO

Some of the cheapest neighborhoods in Boulder are Aurora Terrace, Martin Acres, and South Street. These neighborhoods offer some of the lowest rent prices in Boulder, making them ideal for renters on a budget. As of September 12, 2025, the average rent in Boulder is $1,886, which is 2.9% 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.

Aurora Terrace

Average Rent

$1,522/Month

Units Available

12 Rentals

If you’re looking for a great, affordable neighborhood in Boulder, Aurora Terrace might be the perfect place! It has an average rent price of $1,522, while the city’s average stands at $1,886. Aurora Terrace is near Naropa University, Fiske Planetarium and Science Center, and University of Colorado Museum.

Martin Acres

Average Rent

$1,660/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

55/100

Units Available

27 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.

South Street

Average Rent

$1,665/Month

TransitScore® Rating

51/100

Units Available

28 Rentals

South Street is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Street is $1,665 while the city average is $1,886. Residents enjoy convenient access to CU Boulder, WaterStreet Plaza, and CU Boulder, East Campus. The neighborhood is considered walkable with a WalkScore® of 91.

Whittier-Boulder

Average Rent

$1,667/Month

Year-Over-Year Rent Change

3.2%

TransitScore® Rating

53/100

Units Available

42 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.

Williams Village

Average Rent

$1,671/Month

TransitScore® Rating

60/100

Units Available

12 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.

Goss-Grove

Average Rent

$1,706/Month

Year-Over-Year Rent Change

6.4%

TransitScore® Rating

60/100

Units Available

28 Rentals

Just south of Downtown Boulder, Goss-Grove is a diverse, urban neighborhood offering both modern apartments and Victorian homes. The Boulder Farmers Market and Boulder Creek Path offer great weekend activities right at home, but residents are also a short drive from the Pearl Street Mall downtown. This area is perfect for renters seeking an active-city-centered lifestyle.

Keewayden

Average Rent

$1,757/Month

Year-Over-Year Rent Change

2.9%

TransitScore® Rating

33/100

Units Available

24 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

$1,766/Month

Units Available

21 Rentals

When you’re looking for a great Boulder neighborhood on a budget, check out Gunbarrel North. The average rent is $1,766, compared to the city average of $1,886. Gunbarrel North is convenient to Walden Ponds Wildlife Habitat, Sawhill Ponds Wildlife Preserve, and CU Boulder.

University Hill

Average Rent

$1,846/Month

Year-Over-Year Rent Change

0.1%

TransitScore® Rating

62/100

Units Available

23 Rentals

Living up to its name, University Hill is a community-oriented neighborhood next door to the University of Colorado Boulder. The area is known for its nightlife, local shops, and restaurants along 13th Street. This area is perfect for renters seeking a social lifestyle.

Grand View Heights

Average Rent

$1,854/Month

TransitScore® Rating

62/100

Units Available

21 Rentals

Grand View Heights is an affordable neighborhood in Boulder with an average rent price of $1,854. Compare this to the city average of $1,886. Grand View Heights provides easy access to Naropa University, Ideal Broadway Shops, and Pearl Street Mall. It’s a walkable neighborhood with a WalkScore® of 89.

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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.