If you’re planning a move out West, you’re likely looking for an affordable option in colorful Colorado. Its stunning natural beauty and endless outdoor activities make Colorado an attractive state to move to. Even more enticing, the state of Colorado has one of the top 10 best economies in the nation. Did we mention it’s also a low-tax state at only 2.9%? Whether you live a healthy lifestyle, are a craft beer lover, or enjoy other recreational activities, there’s a wide variety of places for you to call home.
Our favorite places to live in Colorado
1. Castle Rock
2. Boulder
3. Colorado Springs
4. Denver
5. Fort Collins
6. Lakewood
1. Castle Rock, CO
Why we love Castle Rock
Although it’s just a 35-minute drive from Denver and 40 miles from Colorado Springs, Castle Rock holds its own as one of the best places to live in Colorado. This city has some incredible, small-town hospitality and, combined with its castle-shaped butte overlooking the Colorado Valley, this city makes for a charming place to live. Get outdoors and hike the 1.5-mile Mitchell Creek Canyon Trail during the springtime. Or head to Ridgeline Open Space where more than 13 miles of walking, hiking, and biking trails await.
The vibe of Castle Rock
Another reason we think it’s one of the best places to live in Colorado is its family-friendly vibe. Castle Rock is a great place for families. It ranks highly for public education, professional careers, safety, and economy (even during the pandemic and recessions), and is one of America’s healthiest cities. Douglas County, where Castle Rock is located, is the second healthiest community in the country according to US News.
And in addition to the 400 acres of state and public parks, canyons, and natural beauty, locals with (or without!) kids can enjoy the Miller Activity Complex. This two-story, 64,443-square-foot recreational facility features everything from batting cages and an 18-hole golf simulator to an indoor pool and a lounge area with a fireplace. It’s a great place to go year-round to get a workout, let the kids run around, or simply hang out with other Castle Rock locals.
Renting in Castle Rock
When looking for affordable housing options in Castle Rock, you’ll find cheaper rent prices than in other major cities. The average rent for a 1-bedroom apartment in Castle Rock is $1,875. A 2-bedroom apartment will average $2,485. Compared to the rent prices in other more populated cities, like Denver, Aurora, and Colorado Springs, Castle Rock is an outstanding option if you’re looking for more affordability and comfort for your family.
2. Boulder, CO
Why we love Boulder
The crown jewel of this city might be the University of Colorado at Boulder, but there’s plenty more that puts this city in the running for the best place to live in Colorado. Boulder was named one of the best bike cities in North America by Outside Magazine. Eldorado Canyon State Park and Boulder Canyon are both in this city’s backyard and provide residents with ample space for climbing, hiking, biking, and simply enjoying the outdoors.
The vibe of Boulder
Boulder, CO is known for its “hippie” vibe that adds to the city ranking high for one of the safest cities in terms of violent crimes. As a popular college town, Boulder also has a fun and eclectic atmosphere for young professionals, students continuing education, and single families to enjoy. Bars, restaurants, shops, and coffee roasters line the popular Pearl Street Mall. Along 13th Street, you’ll find UC Boulder-friendly bars and restaurants, where there are annual beer holding competitions and delicious eats. If you’re looking for love, Boulder might be your best bet.
Renting in Boulder
Rent prices in Boulder range from an average of $1,750 for a 1-bedroom apartment, and $2,450 for a 2-bedroom apartment. Although higher than the nation’s national average, it has a stable economy with many opportunities for career seekers and entrepreneurs alike. The city provides affordable homes for all social classes from the college student body to single families. Boulder makes for a beautiful start to a new life in the American frontier.
3. Colorado Springs, CO
Why we love Colorado Springs
It’s no surprise that this Colorado city is another one for nature lovers, but Colorado Springs also offers affordable options for living, plentiful outdoor activities, and small-town charm. Recently named one of the best places to live in the United States, Colorado Springs is a slightly more relaxed city than Denver. It is home to the U.S. Air Force Academy and many aerospace and defense industry employers. This means great career opportunities for those living in or around the area. The surrounding views of the Rocky Mountains also add to this city’s appeal.
The vibe of Colorado Springs
Colorado Springs is generally considered a quiet, introverted city. However, Old Colorado City, a national historic district near downtown, boasts local coffee shops, bars with live music, and some delicious country cooking, all featuring a view of the surrounding Rocky Mountains. Head to the Garden of the Gods for a truly spectacular hike through a beautiful natural rock formation, or hike Pikes Peak for one of the best workouts and views in the city. We could go on and on about why this is one of the best places to live in Colorado, but we’ll leave it at that (for now).
Renting in Colorado Springs
While housing prices in Colorado Springs have seen increases in recent years, rent is still generally affordable. Colorado Springs has competitive affordable housing options—about $115,000 more affordable than Denver on average—and generally affordable rent. The average rent for a 1-bedroom apartment in Colorado Springs is $1,100. A 2-bedroom apartment will cost on average $1,475 per month. Whether to advance your career or just to enjoy the view, it’s safe to consider calling Colorado Springs home.
4. Denver, CO
Why we love Denver
Claiming the top spot in our list of best cities for beer drinkers, the capital city continues to keep both visitors and locals happy. It’s in the top five for both breweries and bars per capita, so newer craft breweries may have their work cut out for them, but they’re rising to the occasion.
The vibe of Denver
The city life in Denver is fun and energetic. If you’re thinking of moving to Denver, you’re in good company. In 2016 it ranked in the top 10 fastest growing cities in the country and continues to draw new residents every year. Young people are moving to the Rocky Mountains state’s biggest city in droves, so it’s no wonder we had a hard time picking its best neighborhoods for young professionals. Aside from those, Denver has some other great neighborhoods to choose from, too. The city is home to professional sports teams like the Colorado Rockies (MLB), Colorado Avalanche (NHL), Denver Broncos (NFL), and the Denver Nuggets (NBA). It’s also a mecca for arts and culture in Colorado. Denver has seven (seven!) arts districts, and each holds its own First Friday art walk. Plus, the stunning, completely outdoor Red Rocks Amphitheater is just 15-miles west and hosts some of the area’s best concerts. It’s no wonder it’s in the running for the best place to live in Colorado.
Renting in Denver
When considering a move to Denver, be prepared for competitive rent prices. Renting in the city means you should allocate a larger budget for housing. The average rent price for a 1-bedroom apartment in Denver is $1,760. A 2-bedroom apartment will cost you $2,295 per month on average. Don’t fret just yet! Denver also has competitive salaries in industries such as aerospace, communications, healthcare, financial services, science, technology, energy, and much more. The city’s strength is its economic diversity, so Denver is perfect for living, working, and playing mile high.
5. Fort Collins, CO
Why we love Fort Collins
This is a historic city with lots of charm and the epitome of Colorado living. Fort Collins has almost 1,000 acres of public parks, 200 miles of scenic bike paths, and over 20 craft breweries that make this a favorite place to live in Colorado. In fact, Fort Collins produces so much beer that it accounts for 70% of all of Colorado’s craft beer production.
The vibe of Fort Collins
Fort Collins is also a college town, home to Colorado State University, and a great one at that. It was recently named #3 on College Ranker’s 50 Best College Towns. Horsetooth Mountain Open Space, a 29-mile connection of hiking, equestrian, and unpaved mountain bike trails, front range views, and free-flowing waterfalls in the spring might have something to do with that. Or, maybe it’s the easy access to whitewater rafting down the Cache la Poudre and local shops in downtown Fort Collins. Whatever it is, locals love Fort Collins, and it’s not hard to see why. Bottom line: it’s one of the best cities in Colorado. Period.
Renting in Fort Collins
With 29 being the median city age, Fort Collins is expected to grow by 45% over the next 10 years. Good thing the average cost of rent for a 1-bedroom apartment in Fort Collins is $1,430, and a 2-bedroom apartment is currently averaging $1,674 per month. So students, military, or just a family looking for a new start, Fort Collins may be the place for you.
6. Lakewood, CO
Why we love Lakewood
One of the best cities in Colorado, Lakewood is just a short drive from Denver and offers a beautiful outdoor escape from the city. It’s home to one of the coolest regional public parks you’ll ever come across, Bear Creek Lake Park. Picture this: 2,600-acres of open space with campgrounds, hiking and equestrian trails, and a lake for swimming and floating. Add to that the incredible view of the surrounding mountains and you’ll get a feel for what Bear Creek Lake Park has to offer.
The vibe of Lakewood
Lakewood is considered one of the main suburbs of Denver and is known for its family-friendly vibe and atmosphere. The Belmar Downtown Shopping District, completed in 2004, is where Lakewood residents flock for shopping, dining, and entertainment options. The development is home to 80 stores and antique shops, 20 restaurants and bars, and art, music, and seasonal festivals. The area is also stacked with a handful of well-manicured golf courses, beautiful parks, and is a short, 20-minute drive to Golden, Colorado, home of Coors Brewery. Additionally, Lakewood is just a short drive to one of the best concert venues in the country.
Renting in Lakewood
While Lakewood is a suburb of Denver, the rent prices are still relatively competitive. At just over 108%, Lakewood ranks 50 of 273 in the U.S. for the cost of living. That means it’s among the country’s average. The average rent for a 1-bedroom apartment in Lakewood is $1,490 per month. A 2-bedroom apartment will cost $1,750 monthly on average.
Honorable mentions
The safest city to live in Colorado
Brush, CO
Brush is a rural city known for “homegrown happiness.” No wonder it ranks as one of the safest cities in Colorado with a .2% violent crime rate and .9% property crime rate. Sitting along the plains with plenty of green spaces, Brush features days of sunshine in the summer and cozy white winters. Although the population is relatively large at almost 6,000 residents, housing options are very affordable. The rent for a 3-bedroom apartment in Brush is around $1,400. This city is a great affordable option for a simpler quality of life in Colorado.
The most beautiful place to live in Colorado
Creede, CO
This tiny town has roots in silver mining like many of the other small towns in Colorado. Serving as the county seat in Mineral County, Creede maintains its historic roots crested between lush hills. Creede is the perfect place for great outdoor adventures, like hiking, kayaking, and fishing. The community of 357 also hosts a hot air balloon festival every year. While truly one of the most beautiful places to live in Colorado, the average cost of rent for a two-bedroom apartment in Mineral County is $2,200 per month.
The pros and cons of living in Colorado
Colorado, with its majestic mountains, vibrant cities, and outdoor recreational opportunities, attracts residents seeking a unique lifestyle. However, like any place, living in the Centennial State comes with its own set of pros and cons.
Pros:
- Scenic beauty and outdoor recreation: Colorado’s breathtaking landscapes are a major draw. From the towering peaks of the Rocky Mountains to the vast plains, the state offers an abundance of outdoor activities. Residents can enjoy skiing, hiking, mountain biking, and more, making it a paradise for nature enthusiasts.
- Healthy lifestyle: With over 300 sunny days per year and a commitment to a healthy lifestyle, Colorado consistently ranks high in health and wellness. The active community, numerous parks, and emphasis on fitness contribute to a culture that values physical well-being.
- Thriving job market: Colorado’s economy has been booming in recent years, driven by a diverse range of industries including technology, healthcare, and renewable energy. This has led to a robust job market, making it an attractive destination for professionals.
- Cultural diversity: The state’s cities, especially Denver, are known for their cultural vibrancy. Residents can experience a rich tapestry of arts, music, and culinary delights. Additionally, the state’s commitment to sustainability and progressive values adds to the overall diversity.
- Craft beer and culinary scene: Colorado boasts a thriving craft beer industry and a burgeoning culinary scene. From farm-to-table restaurants to local breweries, residents can indulge in a variety of flavors and experiences.
Cons:
- High cost of living: While Colorado offers many amenities, the cost of living is relatively high. Housing prices, in particular, have surged in popular areas, making it challenging for some individuals and families to find affordable housing.
- Traffic and urban sprawl: The state’s popularity has led to increased traffic congestion, especially in and around major cities. Urban sprawl is also a concern, impacting the once-pristine landscapes and contributing to longer commute times.
- Extreme weather conditions: Colorado is known for its rapidly changing weather. While sunny days are abundant, the state can experience sudden temperature drops, heavy snowfall, and severe storms. Adapting to these unpredictable conditions can be a challenge for some.
- Water scarcity: Despite its mountainous terrain, Colorado faces water scarcity issues. The demand for water has increased with population growth, putting pressure on water resources. This has led to concerns about sustainability and water conservation.
- Altitude challenges: Colorado’s high altitude can pose challenges for newcomers, including altitude sickness, dehydration, and the need for acclimatization. Individuals with certain health conditions may find it difficult to adjust to the thin air at higher elevations.
In conclusion, living in Colorado offers a unique blend of natural beauty, outdoor adventure, and a thriving economy. However, it’s essential for potential residents to weigh the pros and cons carefully, considering their lifestyle preferences and priorities before making the move to the colorful state.
Frequently asked questions about living in Colorado
What should I know before moving to Colorado?
Property taxes are low in the state, average salary in Colorado is $65,777, residents are active outdoors, and altitude sickness is a real thing.
Is it worth moving to Colorado?
If not for the low affordable cost of living, do it for your health. Colorado is one of the healthiest ranked states in the U.S. and has the lowest obesity rate in the nation.
How much money should I have saved up for moving to Colorado?
To live comfortably in Colorado, that is covering housing and utilities, you’ll want to save around $6,000 per month.
The best places to live in Colorado are the ones where you feel most at home. Once you pick the city you like best, be sure to check out all of our apartments for rent and land the perfect place in your ideal Colorado city.
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