Whats Affordable In Denver Part 1

Dated: 06/27/2016

Views: 445

Image title


With a robust job market, fantastic weather, and no shortage of fun and exciting activities, it’s no wonder people are flocking to Denver in a hurry. 


If you’re on the hunt for a home here, you’re probably aware of rising prices and lower inventories, but there are still affordable areas in Denver that should be on your watch list. In this two-part series we’ll give you the rundown of the neighborhoods in Denver that will give you the best bang for your buck. 


The report comes from MLS listing service, Movoto.com.



#1 - Commerce City

  • Median household income: $63,555

  • Median home value: $187,800

  • Great for those on a budget looking to commute

  • Not only is the cost of living low compared to most of the other cities on this list

  • Home to the Dick’s Sporting Goods Park, the soccer stadium where the Colorado Rapids play.


#2 - Thornton

  • Median household income: $64,525

  • Median home value: $208,300

  • 10 miles northeast of downtown Denver

  • 81 city parks, 80 miles of trails, and over 2,000 acres of public green space.


#3 – Westminster

  • Income spent on rent: 29.1 percent

  • Median household income: $64,884

  • Ranked the 24th best place to live in America by Money magazine

  • 9 miles northwest of the city

  • Plans to connect Westminster to Denver’s commuter rail and bus rapid transport lines


#4 – Northglenn

  • Income spent on rent: 31 percent

  • Median home value: $183,600

  • Close to Denver, but has small-town feel

  • Median income is around $53,000, but the lower home prices help to make up for that

  • 26 parks and 28 miles of trails spread throughout the city


#5 – Aurora

  • Median household income: $50,987

  • Median home value: $176,500

  • Largest affordable Denver suburb on

  • Ideal for those wanting a “big city” life on a budget


Are you ready to start the home search in Denver? Contact Metrowest today – we’d love to work with you!

Blog author image

Carla Winter - Raymond Selix

Ray and Carla have been working as a team since 1995. Carla’s extensive knowledge of the Denver area real estate market not only includes over 35 years as a Real Estate Broker Associate but also in....

Latest Blog Posts

5 Financing Options For First Time Home Buyers

As a first time home buyer, you may think you’ve only got a handful of financing options to choose from when selecting your first property. However, there are actually several options to choose

Read More

Rising Inventory Causing Decrease In Bidding Wars

According to Seattle-based real estate brokerage Redfin, lower-priced properties in Denver can still garner a high amount of attention, but overall, the days when a home in metro Denver would list

Read More

Looking For Homes In Denver Make Mortgage PreApproval Your First Step

So you’ve decided to start looking at homes in Denver. You may think the first step is to hop on the MLS and see what’s available, but do you even know how much house you can afford? That’s

Read More

Despite Lower Interest Rates Affordability Issues Remain In Denver

While falling mortgage rates have put some energy back into existing home sales, new home purchases are taking a hit. According to Robert Dietz, chief economist at the National Association of

Read More