Best Affordable Neighborhoods in Westminster, CO
Some of the cheapest neighborhoods in Westminster are Westminster Hills, Prospectors Point, and Warwick Station at Wallace Village. These neighborhoods offer some of the lowest rent prices in Westminster, making them ideal for renters on a budget. As of April 3, 2026, the average rent in Westminster is $1,582, which is 2.5% 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.
Westminster Hills
Average Rent
$1,146/Month
Units Available
17 Rentals
If you’re looking for a great, affordable neighborhood in Westminster, Westminster Hills might be the perfect place! It has an average rent price of $1,146, while the city’s average stands at $1,582. Westminster Hills is near Rocky Mountain Shopping Center, Van Bibber Park, and Pepsi Center-Elitch Gardens.
Prospectors Point
Average Rent
$1,494/Month
Units Available
48 Rentals
Prospectors Point is a top choice for budget-conscious renters for a variety of reasons. The average rent in Prospectors Point is $1,494 while the city average is $1,582. Residents enjoy convenient access to Front Range C.C., Westminster, Two Ponds National Wildlife Refuge, and Regis University.
Warwick Station at Wallace Village
Average Rent
$1,545/Month
Units Available
23 Rentals
When you’re looking for a great Westminster neighborhood on a budget, check out Warwick Station at Wallace Village. The average rent is $1,545, compared to the city average of $1,582. Warwick Station at Wallace Village is convenient to Front Range C.C., Westminster, World of Wonder Children's Museum, and Red Rocks C.C., Arvada Campus.
Cottonwood Villas Condominiums
Average Rent
$1,591/Month
Units Available
12 Rentals
Cottonwood Villas Condominiums is an affordable neighborhood in Westminster with an average rent price of $1,591. Compare this to the city average of $1,582. Cottonwood Villas Condominiums provides easy access to Majestic View Nature Center, Rainbow Shoppes, and Village at Park Centre.
East Westminster
Average Rent
$1,598/Month
Year-Over-Year Rent Change
3.3%
Units Available
505 Rentals
If you’re looking for a great, affordable neighborhood in Westminster, East Westminster might be the perfect place! It has an average rent price of $1,598, while the city’s average stands at $1,582. In the last year, prices have decreased by 3.3%. East Westminster is near Park Centre Place, Butterfly Pavilion, and Majestic View Nature Center.
Cotton Creek
Average Rent
$1,676/Month
Units Available
14 Rentals
Cotton Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cotton Creek is $1,676 while the city average is $1,582. Residents enjoy convenient access to Butterfly Pavilion, University of Colorado Denver, and World of Wonder Children's Museum.
The Ranch Reserve
Average Rent
$1,689/Month
Units Available
29 Rentals
When you’re looking for a great Westminster neighborhood on a budget, check out The Ranch Reserve. The average rent is $1,689, compared to the city average of $1,582. The Ranch Reserve is convenient to Park Centre Place, Red Rocks C.C., Arvada Campus, and Ranch Reserve Plaza.
The Ranch
Average Rent
$1,728/Month
Units Available
24 Rentals
The Ranch is an affordable neighborhood in Westminster with an average rent price of $1,728. Compare this to the city average of $1,582. The Ranch provides easy access to World of Wonder Children's Museum, Regis University, and Red Rocks C.C., Arvada Campus.
Legacy Ridge
Average Rent
$1,755/Month
Units Available
28 Rentals
If you’re looking for a great, affordable neighborhood in Westminster, Legacy Ridge might be the perfect place! It has an average rent price of $1,755, while the city’s average stands at $1,582. Legacy Ridge is near Red Rocks C.C., Arvada Campus, 30Th-Downing, and Van Bibber Park.
Westminster City Center
Average Rent
$1,769/Month
Units Available
12 Rentals
Westminster City Center is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westminster City Center is $1,769 while the city average is $1,582. Residents enjoy convenient access to Union Station Track 12, Union Station Track 11, and Northview Shopping Center.
Ready to make your move to Westminster? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.