Denver City Guide
Mile High City
Perhaps you are already familiar with this epithet of Denver; at 5,280 feet above sea level, it is precisely a mile high into the sky. But did you know that Denver is also called Wall Street of the West? Denver is the largest metropolitan within a 500 mile radius of the city’s epicenter, making it a pretty important city to the west and southwest when it comes to commerce. Denver’s central geographic location appeals to the federal government, as it has been home to a U.S. minting facility since 1904. Mining and energy companies have a lot of influence in Denver, especially because it is right next to the foothills of the Rocky Mountains. Many healthcare industries employ residents, and a variety of restaurants and eateries were founded in this city, such as Chipotle Mexican Grill, Noodles & Company, and Smashburger. So whether you’re looking to start up a restaurant or make it big in the business of banking, get over to Denver and start looking for that perfect home or apartment!
The Denver Metro is one of the priciest in the state of Colorado. The median home value is around $230,000, putting Denver in the same price range as the metro area of Fort Collins. Pick your neighborhood accordingly, however, and you are sure to find a pad in your price range!
The Breakdown of the Denver Neighborhoods
LoHi: Home to young singles, growing families, and urban professionals alike, this is a great place to live just northwest of Downtown. The neighborhood is right around the corner from the scenic Confluence Park, where residents love to go and take pictures. The University of Colorado is nearby, making this a great spot for students to go in on housing together. LoHi can be pricy, since it is so close to the city—while there are homes that go for over a million, there are also homes that can be found in the median price range for Denver. Rent is higher than the average Denver rent, but still typically below $2,000.
University Park: Any University of Denver student seeking off campus housing should hit up this area first. With houses ranging from bungalows to ranches, and rents to be found below $1,500, University Park provides affordable housing for students and young adults who are just starting out. UD students living here can get in shape by walking or biking to class, or utilizing any of the other convenient amenities nearby, including the very first Chipotle Mexican Grill!
LoDo: Let’s go Rockies! Come live in Lower Downtown if it is loft style apartments that you seek with convenient proximity to galleries, bars, restaurants, and, of course, the home field of the Colorado Rockies. While the median list price for buyers is a little over $600,000, those who are just getting started should not lose hope! Houses are listed in the same area for $12,000 as well.
Virginia Village: This southeastern neighborhood is Denver is home to high rise apartments and office buildings, enabling some residents to live and work in the same location. Reasonable rents are to be found, as the median rent for Virginia Village is just a little over that of the city of Denver as a whole.
Park Hill: This northeastern neighborhood has plenty of options for choosy home buyers. Enjoy proximity to Downtown, City Park, and golf courses from your bungalow or brownstone mansion— it’s up to you! Park Hill is very close knit and aware of community events—the Greater Park Hill News is a monthly newspaper that the community distributes for free, and the Greater Park Hill Community operates a program called Youth Jobs Program, which helps preteens gain real world experience.
Transportation: Luckily for those who are new to town, the streets of Denver are set up on a grid system that is easy to learn. Most streets downtown are oriented northeast-southwest and northwest-southeast, allowing for optimal snow removal, as the streets running NW-SE receive sun in the morning and the NE-SW streets receive sun in the afternoon. Mass transportation is provided by Regional Transportation District (RTD), which operates over 1,000 buses in eight counties around the Denver and Boulder area.
Walk Score has rated Denver as the third most bicycle friendly city in the nation. Denver legislation has paid special attention to laws and programs that promote this green transportation. Over 850 miles of paved, off-road bike paths are to be found in Denver, and the highly successful bicycle sharing program B-Cycle was launched in the city in 2010. So don’t sweat it if you want to be environmentally conscientious, but are without a bike— B-Cycle provides the city with400 bikes!
The Queen City of the Plains can be a little pricy, but if you do your research and find the right neighborhood, living in Denver can be affordable and fun!