Our recent post about the most expensive neighborhoods for rent in Denver this fall included ten areas in which the average cost for a one-bedroom apartment ranged from just under $1,500 to $2,000 per month. In contrast, the ten least expensive Denver neighborhoods in terms of rent prices right now all boast an average rent price of less than $1,000.
This achievement matches a feat we documented in our summer roundup of the least expensive Denver neighborhoods for rent — but we still have a ways to go before returning to the more reasonable prices we saw two years ago. Note that in December 2015, we published a post touting sixteen Denver neighborhoods where a one-bedroom could be rented for under $1,000 — six more than the current total.
The latest neighborhood data comes from a Zumper report for the fall of 2017, and we've compared the figures to those from both spring and summer. As you'll see, most rent prices are down across the board, with a few exceptions. Moreover, the least expensive neighborhood have seen a drop of more than $200 since the early part of the year.
Continue for the photo-illustrated details, which offer options aplenty for bargain-hunting renters.
Number 10: Skyland
Average rent for a one-bedroom apartment in Spring 2017: $995
Average rent for a one-bedroom apartment in Summer 2017: $1,010
Average rent for a one-bedroom apartment in Fall 2017: $995
Increase/decrease: $0 (Spring), -$15 (Summer)
Number 8 (tie): Goldsmith
Average rent for a one-bedroom apartment in Spring 2017: $1,010
Average rent for a one-bedroom apartment in Summer 2017: $975
Average rent for a one-bedroom apartment in Fall 2017: $990
Increase/decrease: -$20 (Spring), +$15 (Summer)
Number 8 (tie): Washington Virginia Vale
Average rent for a one-bedroom apartment in Spring 2017: $925
Average rent for a one-bedroom apartment in Summer 2017: $974
Average rent for a one-bedroom apartment in Fall 2017: $990
Increase/decrease: +65 (Spring), +$16 (Summer)
Number 7: Windsor
Average rent for a one-bedroom apartment in Spring 2017: $1,070
Average rent for a one-bedroom apartment in Summer 2017: $994
Average rent for a one-bedroom apartment in Fall 2017: $975
Increase/decrease: -$95 (Spring), -$19 (Summer)
Number 6: South Platte
Average rent for a one-bedroom apartment in Spring 2017: $900
Average rent for a one-bedroom apartment in Summer 2017: $950
Average rent for a one-bedroom apartment in Fall 2017: $950
Increase/decrease: +$50 (Spring), $0 (Summer)
Number 5: Ruby Hill
Average rent for a one-bedroom apartment in Spring 2017: $895
Average rent for a one-bedroom apartment in Summer 2017: $900
Average rent for a one-bedroom apartment in Fall 2017: $945
Increase/decrease: +$50 (Spring), +$45 (Summer)
Number 4: East Colfax
Average rent for a one-bedroom apartment in Spring 2017: $900
Average rent for a one-bedroom apartment in Summer 2017: $875
Average rent for a one-bedroom apartment in Fall 2017: $900
Increase/decrease: $0 (Spring), +$25 (Summer)
Number 2 (tie): Westwood
Average rent for a one-bedroom apartment in Spring 2017: $950
Average rent for a one-bedroom apartment in Summer 2017: $950
Average rent for a one-bedroom apartment in Fall 2017: $895
Increase/decrease: -$55 (Spring), -$55 (Summer)
Number 2 (tie): Mar Lee
Average rent for a one-bedroom apartment in Spring 2017: $850
Average rent for a one-bedroom apartment in Summer 2017: $898
Average rent for a one-bedroom apartment in Fall 2017: $895
Increase/decrease: -$45 (Spring), -$3 (Summer)
Number 1: Harvey Park
Average rent for a one-bedroom apartment in Spring 2017: $1,025
Average rent for a one-bedroom apartment in Summer 2017: $990
Average rent for a one-bedroom apartment in Fall 2017: $795
Increase/decrease: -$230 (Spring), -$195 (Summer)