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.