Best Neighborhoods To Invest In Denver, Colorado
Denver’s strong economy, growing population, and booming job market make it a prime spot for real estate investors. Here are some of the best neighborhoods to consider.
1. Highlands (LoHi)
The Lower Highlands (LoHi) is one of Denver’s trendiest neighborhoods, offering a mix of modern developments and historic charm. With its proximity to downtown, a vibrant dining and nightlife scene, and high rental demand, LoHi is a prime location for investors targeting young professionals. Property values have steadily increased, with the median sale price currently around $627,300, making it a great option for long-term appreciation.
2. Washington Park (Wash Park)
Washington Park is a sought-after area known for its tree-lined streets, picturesque park, and family-friendly atmosphere. It has a strong mix of single-family homes and upscale townhomes, attracting both homeowners and renters. The high desirability of this neighborhood leads to strong rental income potential and low vacancy rates. With a median home price of $1,343,073, Wash Park offers solid investment potential, especially for those looking for high-end properties.
3. RiNo (River North Arts District)
RiNo has transformed into one of Denver’s most exciting and rapidly developing areas. Once an industrial zone, it is now filled with trendy art galleries, breweries, and modern lofts. The neighborhood’s creative energy and growing popularity make it a great choice for investors looking to capitalize on short-term rentals or mixed-use properties. Home prices in RiNo vary significantly, but they generally trend above the city’s median due to increasing demand and continued development.
4. Capitol Hill
Capitol Hill is one of the most densely populated neighborhoods in Denver, offering investors a strong rental market. With its proximity to downtown, historic architecture, and walkable streets, it attracts young professionals and students. Multifamily properties and apartment buildings perform especially well in this area due to consistent tenant demand. While exact figures vary, home prices in Capitol Hill remain competitive, making it a solid choice for investors seeking rental income.
5. Sloan’s Lake
Sloan’s Lake is becoming a favorite among investors due to its waterfront views and ongoing development projects. The area offers a mix of older homes, new construction, and townhomes, making it appealing to a wide range of buyers and renters. With easy access to downtown and outdoor recreation, Sloan’s Lake presents strong appreciation potential, with median sale prices ranging between $572,500 and $650,700, depending on the specific location.
6. Park Hill
For investors seeking stable, long-term growth, Park Hill is a great option. This historic neighborhood features classic architecture, spacious lots, and a diverse community. Rental demand remains strong due to its family-friendly environment and proximity to schools and parks. With a median home price of $660,168, Park Hill offers solid investment opportunities for those looking for steady appreciation and rental income.
Denver offers a variety of investment opportunities across different neighborhoods. Conducting thorough market research and working with local experts can help you make the most informed investment decision.
