The Mile High City, Denver, CO, is known for its vibrant neighborhoods, stunning mountain views, and a thriving arts and culture scene. With an average rent of $2,123 for a one-bedroom apartment, Denver offers a variety of luxurious living options for renters. If you’re looking to rent an apartment in Denver, you’ll find a range of neighborhoods to explore, each with its own unique charm and appeal.
8 Most Expensive Neighborhoods in Denver
From the picturesque Highland to the bustling streets of Downtown, there are plenty of fantastic neighborhoods in Denver. Whether you’re looking for a luxurious home to rent in Denver or wondering where to live in the city, read on to find out what neighborhoods made the list.
1. LoDo
2. Highland
3. Northwest Denver
4. Park Hill
5. Downtown
6. Cherry Creek
7. Baker
8. Far Southeast Denver
Let’s jump in and see what these neighborhoods have to offer.
1. LoDo
Average 1-bedroom rent: $3,831
Apartments for rent in LoDo
LoDo is the most expensive neighborhood in Denver, as the average rent for a one-bedroom unit is $3,831, which is over $1,700 above Denver’s average rent. There are plenty of reasons why this neighborhood draws residents. Architecturally, the neighborhood combines some of the oldest buildings in Denver with new developments and condominium buildings. LoDo is also home to attractions like Confluence Park and the Museum of Contemporary Art, making it a prime location to explore the city. If you’re looking for a taste of the neighborhood, there are a variety of local restaurants to explore, showcasing Denver’s food scene. For renters living in Denver without a car, bus stops and train stations are close to LoDo.
2. Highland
Average 1-bedroom rent: $3,813
Apartments for rent in Highland
Highland is a bustling area that’s north of downtown Denver. This beautiful neighborhood overlooks Downtown Denver and provides easy access to lots of attractions like the Denver Aquarium and Elitch Gardens. Highland is well-known for its green spaces like Highland Park and Hirshorn Park, and the charming shops and cafes along 32nd Avenue. The average rent for one-bedroom apartments is $3,813, which is about $1,700 above the city’s average, making it a pricier neighborhood. However, Highland’s charm and amenities are well worth it.
3. Northwest Denver
Average 1-bedroom rent: $3,676
Apartments for rent in Northwest Denver
With an average one-bedroom rent of $3,676, Northwest Denver is the third most expensive neighborhood in Denver. This neighborhood has plenty of historic homes in styles like Victorian and Craftsman, as well as properties with picturesque views of the city. Northwest Denver is also near the highway, making it a convenient location for commuters. And if you’re looking for a relaxing afternoon you can find several incredible parks in the neighborhood, including Berkeley Lake Park, Rocky Mountain Lake Park, and Sloan Lake.
4. Park Hill
Average 1-bedroom rent: $3,562
Apartments for rent in Park Hill
Just about 5 miles east of downtown, Park Hill is a stellar neighborhood if you want to live close to the heart of the city without being fully immersed in the bustle. While more expensive, the perks of living in Park Hill offset the costs. The tree lined streets frame historic mansions and single family homes with graceful lawns. The 17th Avenue Parkway is especially beautiful and was designed by Frederick Law Olmsted. Residents can also walk to attractions like the Denver Zoo or parks like City Park and Park Hill.
5. Downtown
Average 1-bedroom rent: $2,905
Apartments for rent in Downtown
Next up is Downtown, the fifth most expensive neighborhood in Denver. Downtown is full of history and charm with tree-lined streets, historic buildings, and museums. It’s also full of parks, shops, and restaurants. Renters who want to live in the center of it all will love Downtown. Walk to Coors Field for a baseball game, stroll through Larimer Square, or take in the opera at the Denver Performing Arts Complex. It’s no wonder the rents are more than $500 above Denver’s average.
6. Cherry Creek
Average 1-bedroom rent: $2,706
Apartments for rent in Cherry Creek
Cherry Creek takes the sixth spot on our list of most expensive neighborhoods in Denver. The average rent for a one-bedroom unit is roughly $500 more than the city’s average. Just north of the curve of the eponymous Cherry Creek, this neighborhood is a great option to consider if you’re looking to be near the Cherry Creek Shopping Center. For those who prefer the outdoors, Cherry Creek Park and Pulaski Park offer relaxation and recreation. The neighborhood is about 4 miles from downtown, which means you’ll have easy access to the city-center, without living in the bustling atmosphere.
7. Baker
Average 1-bedroom rent: $2,481
Apartments for rent in Baker
A well-loved and very hip Denver neighborhood, Baker is next on our list. Neighborhood highlights include the art-deco Mayan Theatre and the Blue Bonnet Restaurant. South Broadway runs right through Baker and is full of eclectic shops and restaurants, meaning there’s plenty to do throughout the week. There are countless historic buildings in Baker, so make sure to explore the area’s charm. If you need to commute to work, there are lots of options as the Alameda Station is nearby.
8. Far Southeast Denver
Average 1-bedroom rent: $2,319
Apartments for rent in Far Southeast Denver
The final neighborhood on our list is Far Southeast Denver. This area has a vibrant feeling with popular restaurants and quirky shops. You can find parks like Bible Park and Rosamond Park, perfect for enjoying a sunny day in Denver. I-25, Speer Boulevard, and the RTD provide residents quick access to Downtown.
Methodology: Whether a neighborhood has an average 1-bedroom rent price over the city’s average. Average rental data from Rent.com in March 2024.