Top Up-and-Coming Neighborhoods in Denver, Colorado: Where to Buy

Top Up-and-Coming Neighborhoods in Denver, Colorado: Where to Buy 

Denver, Colorado is a booming city known for its blend of urban convenience and natural beauty. As the city continues to grow, new neighborhoods are developing and attracting homebuyers who want to enjoy the Denver lifestyle while investing in areas with strong potential for appreciation. Here’s a guide to some of the best up-and-coming neighborhoods in Denver for 2024—perfect for those looking to buy a home or invest in Denver real estate.

1. Elyria-Swansea

Elyria-Swansea is one of Denver’s oldest neighborhoods but has recently become a hotspot for redevelopment. With the I-70 expansion project transforming the area, more local businesses, parks, and community spaces are being introduced, making it an attractive choice for homebuyers and investors. Home prices here are generally lower than Denver’s average, making it ideal for first-time buyers and investors looking for potential appreciation.

• Highlights: New parks, increased accessibility, and affordable housing.
• Real Estate Insight: Homes here are becoming more in demand, especially as nearby developments like the National Western Center bring new life to the area.

2. Globeville

Historically an industrial area, Globeville is undergoing significant revitalization, which has increased interest in this neighborhood. With proximity to downtown Denver and plans for more parks and mixed-use developments, Globeville is quickly becoming a trendy spot for young professionals and families. This neighborhood also benefits from easy access to Denver’s RiNo Arts District, one of the city's most vibrant cultural areas.

• Highlights: Affordable housing options, proximity to RiNo, and upcoming mixed-use projects.
• Real Estate Insight: Globeville’s proximity to both downtown and the arts district is driving up demand. Buyers and investors seeking Denver homes for sale with strong appreciation potential should consider this area.

3. Villa Park

Villa Park is a hidden gem located just west of downtown Denver. Known for its proximity to Sloan’s Lake and easy access to the Light Rail system, Villa Park has quickly become a popular choice for those seeking an affordable neighborhood with easy access to both city and outdoor activities. As the neighborhood continues to improve infrastructure and attract small businesses, it’s becoming one of Denver’s most desirable up-and-coming areas.

• Highlights: Close to Sloan’s Lake, convenient public transportation, and mountain views.
• Real Estate Insight: Home prices in Villa Park remain more affordable compared to other Denver neighborhoods, making it a fantastic choice for first-time homebuyers and young families.

4. Montbello

Once overlooked, Montbello is now seeing a resurgence as people discover the neighborhood's affordability and community feel. Located northeast of downtown Denver, Montbello offers spacious properties, parks, and plenty of local amenities, making it a great fit for families. Plans for urban development and improved public transportation are attracting new buyers and investors alike.

• Highlights: Affordable housing, family-friendly atmosphere, and recent improvements in local infrastructure.
• Real Estate Insight: Montbello is attracting first-time buyers due to its more affordable real estate market and the promise of increased property values as the neighborhood continues to develop.

5. West Colfax

West Colfax is quickly becoming a hotspot for trendy housing and unique commercial spaces. Located near Sloan’s Lake and just a short drive from downtown, West Colfax offers a mix of modern apartments, townhomes, and single-family homes. The neighborhood is also home to Meow Wolf, an immersive art installation that has brought new attention and foot traffic to the area.

• Highlights: Access to Sloan’s Lake, trendy art and cultural venues, and modern housing developments.
• Real Estate Insight: Home values in West Colfax are on the rise, driven by the influx of young professionals and creative businesses. This is an ideal neighborhood for buyers who want a unique urban experience and are willing to invest in an area with strong growth potential.

6. Sun Valley

Sun Valley is one of Denver’s most ambitious redevelopment projects, and the neighborhood is expected to see a major transformation over the next few years. With planned improvements including new affordable housing, parks, and retail spaces, Sun Valley is quickly becoming a destination for investors and first-time buyers looking for an affordable Denver neighborhood with excellent growth potential.

• Highlights: Major redevelopment plans, new affordable housing, and modern community spaces.
• Real Estate Insight: As Sun Valley’s transformation continues, property values are likely to rise. This area is a prime spot for those seeking investment opportunities in the Denver real estate market.

7. East Colfax

East Colfax has long been one of Denver’s main thoroughfares, and now the area surrounding it is experiencing significant redevelopment. With improved public transportation options and new businesses opening frequently, East Colfax has become increasingly attractive to both young professionals and families. It offers a unique mix of historic homes and new apartments, catering to various types of homebuyers.

• Highlights: Historic architecture, affordable homes, and revitalized commercial areas.
• Real Estate Insight: East Colfax is popular with buyers looking for character and affordability. The neighborhood’s continued redevelopment is expected to drive property values upward.

8. Ruby Hill

Known for its large park and beautiful riverfront, Ruby Hill is an up-and-coming neighborhood south of downtown Denver. The area has seen an influx of breweries, coffee shops, and local businesses, and Ruby Hill Park is a major attraction with a seasonal outdoor amphitheater and winter sledding hills. For those wanting a blend of outdoor amenities and urban access, Ruby Hill is an excellent choice.

• Highlights: Ruby Hill Park, new local businesses, and affordable single-family homes.
• Real Estate Insight: Ruby Hill’s rising popularity is creating an increase in home demand. It’s an ideal neighborhood for homebuyers interested in a community-focused area with strong growth potential.

Why Invest in an Up-and-Coming Denver Neighborhood?

Choosing to invest in an up-and-coming neighborhood in Denver allows homebuyers and real estate investors to capitalize on growth potential. Not only do these neighborhoods offer more affordable property options, but they’re also primed for appreciation as redevelopment projects and new businesses continue to boost demand.

If you're considering buying a home in Denver or investing in real estate, exploring these neighborhoods could be a smart choice for your future.

Ready to Find Your New Home in Denver?

LaRyan King specialize in helping buyers find their perfect property in Denver’s best neighborhoods. Whether you're a first-time buyer or a seasoned investor, our team can guide you through Denver real estate listings and help you discover the hidden gems in the Mile-High City. Contact us today to learn more about the exciting opportunities awaiting you in Denver's up-and-coming neighborhoods!