Cheapest Neighborhoods in Denver, CO
Some of the cheapest neighborhoods in Denver are Barnum West, Harvey Park, and Villa Park. These neighborhoods offer some of the lowest rent prices in Denver, making them ideal for renters on a budget. As of September 24, 2026, the average rent in Denver is $1,621, which is 1.1% 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.
Barnum West
Average Rent
$1,106/Month
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Denver, Barnum West might be the perfect place! It has an average rent price of $1,106, while the city’s average stands at $1,621. Barnum West is near Community College Of Denver, Centennial Gardens, and Alameda Crossing.
Harvey Park
Average Rent
$1,114/Month
Year-Over-Year Rent Change
10.8%
Units Available
77 Rentals
Harvey Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Harvey Park is $1,114 while the city average is $1,621. This is a -10.8% difference from last year. Residents enjoy convenient access to Chamberlin & Mt. Evans Observatories, I-25-Broadway, and Alameda.
Villa Park
Average Rent
$1,130/Month
Year-Over-Year Rent Change
1.9%
Units Available
22 Rentals
When you’re looking for a great Denver neighborhood on a budget, check out Villa Park. The average rent is $1,130, compared to the city average of $1,621. Rent prices have increased by 1.9%. Villa Park is convenient to Colorado Christian University, Community College Of Denver, and University of Colorado Denver.
Washington Park
Average Rent
$1,161/Month
Year-Over-Year Rent Change
2.5%
Units Available
14 Rentals
Washington Park is an affordable neighborhood in Denver with an average rent price of $1,161. Compare this to the city average of $1,621. In the past year, rent prices have increased by 2.5%. Washington Park provides easy access to MSU Denver, History Colorado Center, and Civic Center Park.
Westwood
Average Rent
$1,177/Month
Year-Over-Year Rent Change
1%
Units Available
28 Rentals
If you’re looking for a great, affordable neighborhood in Denver, Westwood might be the perfect place! It has an average rent price of $1,177, while the city’s average stands at $1,621. In the last year, prices have increased by 1%. Westwood is near Knox, Children's Museum of Denver, and Unnamed Center.
Midtown Denver
Average Rent
$1,183/Month
Year-Over-Year Rent Change
1.6%
Units Available
82 Rentals
Midtown Denver is a top choice for budget-conscious renters for a variety of reasons. The average rent in Midtown Denver is $1,183 while the city average is $1,621. This is a -1.6% difference from last year. Residents enjoy convenient access to 25Th-Welton, Union Station Track 11, and 30Th-Downing.
Mar Lee
Average Rent
$1,205/Month
Year-Over-Year Rent Change
7.6%
Units Available
45 Rentals
When you’re looking for a great Denver neighborhood on a budget, check out Mar Lee. The average rent is $1,205, compared to the city average of $1,621. Rent prices have decreased by 7.6%. Mar Lee is convenient to University of Denver, 1409-1423 S Federal Blvd, and Clements Community Center.
East Colfax
Average Rent
$1,221/Month
Year-Over-Year Rent Change
1.7%
Units Available
57 Rentals
East Colfax is an affordable neighborhood in Denver with an average rent price of $1,221. Compare this to the city average of $1,621. In the past year, rent prices have decreased by 1.7%. East Colfax provides easy access to 13Th Ave Station, 2Nd & Abilene Station, and Sand Creek Regional Greenway.
Athmar Park
Average Rent
$1,224/Month
Year-Over-Year Rent Change
0.5%
Units Available
29 Rentals
If you’re looking for a great, affordable neighborhood in Denver, Athmar Park might be the perfect place! It has an average rent price of $1,224, while the city’s average stands at $1,621. In the last year, prices have increased by 0.5%. Athmar Park is near Evans, University of Denver, and Athmar Park.
College View
Average Rent
$1,252/Month
Year-Over-Year Rent Change
1%
Units Available
116 Rentals
College View is a top choice for budget-conscious renters for a variety of reasons. The average rent in College View is $1,252 while the city average is $1,621. This is a -1% difference from last year. Residents enjoy convenient access to South Federal Plaza, Denver International, and Washington Park.
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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.