Best Places to Live in Denver

Denver, known as the Mile High City, offers an exceptional blend of urban living and outdoor adventures. The presence of the Rocky Mountains is felt in every corner, providing scenic backdrops and invigorating recreational opportunities. 

As Colorado’s capital, Denver boasts a strong economy with lots of job opportunities, excellent infrastructure, and a booming new home market. If you’re thinking of moving to Denver, you need to decide which neighborhood best suits your budget and lifestyle. 

This guide takes an in-depth look at the best neighborhoods in Denver, the cost of living, the Denver housing market, fun things to do in the area, and the best places to eat in downtown Denver to help you decide where to plant your roots.

Denver Housing Market 

Living in Denver is a dream for many. It attracts buyers who value urban convenience, natural beauty, and strong returns. 

The median home value in Denver is $545,247. This is higher than the national average but comparable to other metropolitan cities like Sacramento and Salt Lake City. Despite the cost, the Denver housing market is highly competitive. Most houses sell in about 34 days. 

For buyers interested in new construction homes, neighborhoods like Central Park and Green Valley Ranch offer contemporary homes with eco-friendly features. These areas are ideal for those seeking modern amenities without sacrificing proximity to Denver's bustling downtown.

The Cost of Living in Denver

Living in Denver is expensive, but experiencing the region’s natural beauty makes it worthwhile. The city also boasts a strong job market with ample opportunities across technology, healthcare, finance, and other sectors. 

The cost of living in the city is 4% higher than the state average and 10% higher than the national average. 

• Utilities: Denver's utility costs are relatively affordable. Basic utilities (electricity, heating, cooling, water, and garbage) average $194/month for a standard apartment. Internet plans typically cost around $70-$100/month.
• Groceries and Dining: Denver's grocery prices are about 6% higher than the national average, driven by local demand and higher wages. 
• Transportation: Monthly passes for Denver’s RTD buses and light rail start at $114, offering an efficient way to get around the city. Gasoline prices average $3.75/gallon, and car insurance costs are higher than in some neighboring states.

Best Neighborhoods in Denver 

Denver has many residential neighborhoods. Some of the best places to live in Denver include:

• South Park Hill

South Park Hill is in the city’s northeast quadrant. Many consider it the quieter sibling of North Park Hill. This slow-paced neighborhood is ideal for families with young children and is popular with retirees. 

If you have young children, you’ll be relieved to find several good schools nearby. Park Hill Elementary and McAuliffe International School are amongst the most highly-regarded. 

• Median Listing Home Price: On average, the median listing home price is about $1.1 million. If you’re on a limited budget, explore the side streets with lower house prices. In terms of architectural styles, homes here tend to lean towards silhouettes from the mid-1900s set within spacious lots.
• Fun Things to Do in South Park Hill: South Park Hill has a laid-back vibe. Its tree-lined streets are ideal for long walks. Many residents enjoy the neighboring city park or spend an afternoon at the Denver Public Library. 

• Best Places to Eat: South Park Hill’s restaurants are big on flavor. Lucina Eatery & Bar is a melting pot of American and Spanish cuisine, while Bistro Vendome has won awards for its French fare. If you’re in the mood for dumplings, try a plate at Yuan Wonton. 

Lincoln Park

Lincoln Park, also known as La Alma, is one of the city's older neighborhoods. Its history is evident in its charming Victorian homes, interspersed with high rises and smaller eclectic homes. 

• Median Home Price: Lincoln Park is one of the few historic neighborhoods without a lofty price tag. The median home sale price in the area is about $448,552. The neighborhood features beautifully preserved rowhomes with fenced yards and street-side parking. Though fiercely proud of its heritage, it's experiencing a large influx of new construction homes and redevelopment projects. 
• Fun Things to Do in Lincoln Park: Lincoln Park has a strong Latinx identity and is one of Colorado's first certified Creative Districts. A walk-through of Santa Fe’s art district on the first Friday of every month is a must. Budding artists can sign up for workshops at the Center for Visual Art, while history buffs can enjoy rotating exhibits at the Museo De Las Americas. 
• Best Places to Eat in Lincoln Park: Foodies love Lincoln Park for the restaurants, breweries, and cafes around the area. Swift’s Breakfast House is a street-side diner almost always packed with regulars. When you’re in the mood for a steak, book a table at Buckhorn Exchange. Some of the best places to eat in downtown Denver, like Former Saint Craft Kitchen and Taps and Atomic Cowboy, are nearby. 
  

Cherry Creek

Cherry Creek is the place to be if you're looking for luxury living. Picture beautiful homes, art galleries, boutique stores, restaurants, and plenty of green spaces. It balances the energy of the city with a relaxing suburban vibe. 

The neighborhood has a strong community spirit and welcomes families from diverse backgrounds. It’s also known as an excellent school district. Challenge School and Cherry Creek Academy enjoy strong reputations in the district.

• Median Sale Price: The median sale price is $1.4 M. Though it’s an expensive part of the city, the market is quite competitive. Depending on your lifestyle, you can choose between condos, duplexes, and luxury townhouses.
• Fun Things to Do in Cherry Creek: Living in Cherry Creek makes exploring the fun things to do in Denver easy. The Gates Tennis Center in Pulaski Park is great for amateur players. If you enjoy golf, spend an afternoon at the Denver Country Club. 
• Best Places To Eat: Kona Grill and Narrative in Cherry Creek are two of Denver's best places to eat. Don’t miss trying the burgers at Cherry Cricket.

• Highland

Elegant homes, chic eateries, and lively energy make Highland one of the best neighborhoods in Denver. 

Its central location and connectivity to downtown Denver make it a good choice for working professionals, while the schools and green spaces attract families. Highland is also a good choice for retirees due to its quietness and good infrastructure. 

• Median Sale Price: The median sale price for single-family homes in the area is about $535,000. Given the historic nature of this area, many houses reflect architectural styles from the 1900s.
• Fun Things to Do in Highland: The Elitch Theatre is a historical landmark and a community hub. It hosts movie nights, stage plays, and more.  On Sundays, almost everyone goes to the Highlands Farmers Market.
• Best Places to Eat: Highland offers fine dining restaurants, cafes, and craft breweries. It’s the home of the Michelin-starred Alma Fonda Fina and award-winning Root Down. Wildflower is another local favorite. What’s more, the best restaurants in downtown Denver are less than 10 minutes away.  

Fun Things to Do in Denver

Denver is known for its plethora of exciting outdoor activities. Its proximity to the mountains makes it a great place to go hiking, skiing, biking, and camping. Green spaces are never too far away, no matter where you live. 

Meow Wolf’s Convergence Station delivers a surreal, immersive experience. If nature is more your style, the Denver Botanic Gardens provide a serene retreat with beautiful themed gardens. History and architecture lovers will enjoy Union Station, a landmark with dining, shopping, and entertainment options.

For outdoor adventurers, the iconic Red Rocks Amphitheatre offers world-class concerts and hiking trails. Families can spend the day at the Denver Zoo, which features engaging wildlife exhibits, or the interactive Children’s Museum of Denver. Exploring Denver would be incomplete without strolling through Larimer Square, the city’s historic block known for its charming boutiques and restaurants.

Best Places to Eat in Downtown Denver 

Denver spoils you with various cuisines thanks to its multicultural population. 

Downtown Denver is a paradise if you love exploring different cuisines. If you’re craving authentic Mexican flavors, Tamayo is a must-visit with a rooftop terrace and stunning views. You can enjoy dishes like their famous tacos and mole. For a more upscale dining experience, Guard and Grace serve premium steaks and seafood in a chic, contemporary setting.

Seafood enthusiasts must visit Ocean Prime to try fresh oysters and lobster bisque. For those seeking a plant-based option, City, O’ City offers innovative vegetarian and vegan dishes in a cozy, artistic atmosphere. Also, ChoLon Modern Asian Bistro is ideal for those searching for bold Asian flavors, with highlights like their French onion soup dumplings.

Choose the Best Place to Live in Denver

The best neighborhoods in Denver cater to different budgets and lifestyles and offer a ton of value to homebuyers.

Denver’s residential areas are known for their friendly communities, welcoming vibe, and well-planned infrastructure. You’ll find people of all ages and ethnicities living in Denver. Houses, including new home developments, are available at varied price points, so it shouldn’t be too difficult to find one that fits your budget. 

FAQs

Is Denver a good place to live for families?

Absolutely! Denver has excellent schools, plenty of family-friendly parks, and a safe environment. Neighborhoods like South Park Hill and Highland are trendy among families for their amenities and community vibe.

Are all the best places to eat in Denver expensive?

Eating out in Denver can be expensive, but the city has many moderately-priced options. There are plenty of food trucks and food carts with delicious food. Unique and budget-friendly spots like Illegal Pete’s, known for its flavorful burritos, City, O’ City, a vegetarian haven, and Biker Jim’s Gourmet Dogs are popular. Also, Tocabe, a Native American eatery, serves fresh meals that won’t break the bank.

How is the job market in Denver?

Denver has a strong and diverse job market, with opportunities in the technology, healthcare, finance, and energy sectors. Major companies, including Google and Lockheed Martin, have a presence here, making it an ideal city for career growth.

Is Living in Denver Worth It?

Yes, living in Denver is worth it for those who value a balance of urban convenience and outdoor adventure. Denver offers a strong job market, cultural scene, and proximity to the Rocky Mountains for hiking, skiing, and other recreational activities. While the cost of living is higher than the national average, many residents find it worthwhile due to the city's quality of life, excellent public amenities, and diverse neighborhoods catering to various lifestyles.