Cheapest Neighborhoods in Denver, CO
Some of the cheapest neighborhoods in Denver are Lowry, Kensington, and Evans Park Estates. These neighborhoods offer some of the lowest rent prices in Denver, making them ideal for renters on a budget. As of August 9, 2026, the average rent in Denver is $1,635, which is 0.2% 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.
Lowry
Average Rent
$1,002/Month
Units Available
18 Rentals
Lowry is an affordable neighborhood in Denver with an average rent price of $1,002. Compare this to the city average of $1,635. Lowry provides easy access to Bluff Lake Nature Center, 2Nd & Abilene Station, and Community College of Aurora.
Kensington
Average Rent
$1,028/Month
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Denver, Kensington might be the perfect place! It has an average rent price of $1,028, while the city’s average stands at $1,635. Kensington is near Denver Museum of Nature & Science, Community College of Aurora, and 7227-7233 E Colfax Ave.
Evans Park Estates
Average Rent
$1,044/Month
Units Available
29 Rentals
Evans Park Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Evans Park Estates is $1,044 while the city average is $1,635. Residents enjoy convenient access to Denver International, Englewood, and West Park Village.
Garfield Heights
Average Rent
$1,052/Month
Units Available
34 Rentals
When you’re looking for a great Denver neighborhood on a budget, check out Garfield Heights. The average rent is $1,052, compared to the city average of $1,635. Garfield Heights is convenient to Louisiana-Pearl, Denver International, and Alameda.
Sunset Terrace
Average Rent
$1,065/Month
Units Available
14 Rentals
Sunset Terrace is an affordable neighborhood in Denver with an average rent price of $1,065. Compare this to the city average of $1,635. Sunset Terrace provides easy access to Washington Park, Colorado, and MSU Denver.
Lighthouse at the Breakers
Average Rent
$1,067/Month
Units Available
78 Rentals
If you’re looking for a great, affordable neighborhood in Denver, Lighthouse at the Breakers might be the perfect place! It has an average rent price of $1,067, while the city’s average stands at $1,635. Lighthouse at the Breakers is near Florida Station, Washington Park, and Denver International.
Cory-Merrill
Average Rent
$1,084/Month
Units Available
17 Rentals
Cory-Merrill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cory-Merrill is $1,084 while the city average is $1,635. Residents enjoy convenient access to City Park of Denver, University Of Denver, and Denver Botanic Gardens at York St..
Kalcevic Heights
Average Rent
$1,088/Month
Units Available
20 Rentals
When you’re looking for a great Denver neighborhood on a budget, check out Kalcevic Heights. The average rent is $1,088, compared to the city average of $1,635. Kalcevic Heights is convenient to University of Colorado Denver, Landry's Downtown Aquarium, and 1540-1554 W 70th Ave.
Burns Brentwood
Average Rent
$1,101/Month
Units Available
57 Rentals
Burns Brentwood is an affordable neighborhood in Denver with an average rent price of $1,101. Compare this to the city average of $1,635. Burns Brentwood provides easy access to Littleton Historical Museum, Oxford-City Of Sheridan, and Community College Of Denver.
Harvey Park
Average Rent
$1,107/Month
Year-Over-Year Rent Change
11%
Units Available
70 Rentals
If you’re looking for a great, affordable neighborhood in Denver, Harvey Park might be the perfect place! It has an average rent price of $1,107, while the city’s average stands at $1,635. In the last year, prices have decreased by 11%. Harvey Park is near 5220 W Warren Ave, Target Village, and Alameda.
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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.