Affordable Neighborhoods in Englewood CO
Finding affordable neighborhoods in Englewood, Colorado is possible if you know where to look. While the city overall has become more expensive, there are still areas with lower home prices, older housing stock, and better value for buyers and renters.
In 2026, Englewood’s median home price is around $475K+, with average rents near $1,700/month, making it more affordable than nearby upscale suburbs but still competitive.
Most Affordable Neighborhoods in Englewood
Here are some of the best areas where you’ll typically find lower prices and better value:
East Englewood (Bates–Logan / Grant Area)
This is one of the most affordable parts of the city, especially for first-time buyers.
Home prices: ~$400K – $500K range
Tree-lined streets with older homes
Quiet, residential feel
👉 Great for buyers looking for starter homes with more space at a lower price point.
West of South Santa Fe (Near South Platte River)
This area offers a mix of affordability and outdoor access.
Smaller, older homes = lower prices
Close to trails and greenways
Less expensive than central Englewood
👉 Ideal for those who want affordable living + outdoor lifestyle.
South Broadway Heights / Higgins Area
Popular among renters and young professionals looking for lower rents.
Below-average rental prices in some parts
Walkable access to shops and restaurants
Mix of apartments and smaller homes
👉 One of the best budget-friendly areas for renters.
City Center Englewood
A mixed-use area with condos and apartments that can be more affordable than single-family homes.
Smaller units = lower entry cost
Good transit access (light rail nearby)
Older housing stock helps keep prices moderate
👉 Best for buyers or renters looking for convenience and lower upfront costs.
North of Hampden / Central Englewood
These neighborhoods offer a balance of affordability and location.
More walkable than newer suburbs
Mix of older homes and apartments
Close to downtown Englewood
👉 A strong option for value + accessibility.
Where You’ll Find the Best Deals
👉 Eastern parts of Englewood tend to be the most affordable, while northern areas closer to Denver are more expensive.
👉 Older neighborhoods generally offer better pricing than newly developed areas.
👉 Condos, townhomes, and smaller houses are the best entry points for budget buyers.
Average Costs in Affordable Areas
Condos & Townhomes: $300,000 – $500,000
Starter Homes: $400,000 – $550,000
Rental Apartments: $1,300 – $1,700/month
👉 “Affordable” in Englewood still means mid-range pricing compared to national averages, but it’s cheaper than nearby areas like Cherry Hills or Greenwood Village.
Pros of Affordable Areas
Lower home prices and rent
Good entry point for first-time buyers
Established neighborhoods with character
Close to Denver without Denver prices
Cons to Consider
Older homes may need renovations
Fewer luxury amenities
Limited inventory in lower price ranges
Some areas less polished than upscale suburbs
Who These Neighborhoods Are Best For
First-time homebuyers
Budget-conscious buyers
Young professionals and renters
Investors looking for value properties
Conclusion
While Englewood isn’t the cheapest city in Colorado, neighborhoods like East Englewood, South Broadway Heights, and areas near South Santa Fe still offer solid affordability compared to surrounding suburbs.
👉 If you’re trying to buy or rent on a budget, focusing on older neighborhoods or smaller homes is the best strategy to get into the Englewood market without overspending.
