Ten Least Expensive Neighborhoods for Rent in Denver This Summer

Our recent post about the most expensive neighborhoods for rent in Denver this summer included ten areas in which the average cost for a one-bedroom apartment ranged from just under $1,500 per month to almost $2,000. In contrast, the ten least expensive Denver neighborhoods in terms of rent prices all boast an average rent price of less than $1,000.

Such neighborhoods have become more rare over the past year and a half or so. In December 2015, we published a post touting sixteen Denver neighborhoods where a one-bedroom could be rented for under $1,000. That number has decreased by 37.5 percent since then.

The latest neighborhood data comes from a Zumper report for the summer of 2017, and we’ve compared the figures to those from the website’s post from the spring of this year. As you’ll see, the rent prices for a one-bedroom in five of the neighborhoods are higher (maximum increase: $80 in three months), while they’re lower in four, albeit by generally smaller amounts (the biggest decline is $35) and unchanged in one.

Continue for the photo-illustrated details, which should give at least a modicum of hope to bargain-hunting renters.

Number 10: University

Average rent for a one-bedroom apartment in Summer 2017: $990

Increase/decrease: -$35

Number 9: Athmar Park

Average rent for a one-bedroom apartment in Summer 2017: $980

Increase/decrease: +$80

Number 8: Washington-Virginia Vale

Average rent for a one-bedroom apartment in Summer 2017: $974

Increase/decrease: +$49

Number 7: Villa Park

Average rent for a one-bedroom apartment in Summer 2017: $970

Increase/decrease: -$25

Number 5 (tie): South Platte

Average rent for a one-bedroom apartment in Summer 2017: $950

Increase/decrease: +$50

Number 5 (tie): Westwood

Average rent for a one-bedroom apartment in Summer 2017: $950

Increase/decrease: $0

Number 4: Ruby Hill

Average rent for a one-bedroom apartment in Summer 2017: $900

Increase/decrease: +$5

Number 3: East Colfax

Average rent for a one-bedroom apartment in Summer 2017: $875

Increase/decrease: -$25

Number 2: Mar Lee

Average rent for a one-bedroom apartment in Summer 2017: $898

Increase/decrease: +$48

Number 1: Harvey Park

Average rent for a one-bedroom apartment in Summer 2017: $790

Increase/decrease: -$9