Most Affordable Towns and Suburbs One Hour or Less from Denver, CO

If you're considering moving to Denver or relocating within Colorado, you might be wondering where you can find affordable housing within a reasonable distance from the city. The good news is that there are several charming suburbs and towns near Denver that offer more budget-friendly options without sacrificing quality of life. Here’s a look at some of the best affordable places to consider:

1. Aurora: Just east of Denver, Aurora is one of the most popular suburbs for its affordability and amenities. With a diverse community, excellent schools, and plenty of parks and recreational areas, Aurora offers a balanced lifestyle with housing costs generally lower than in central Denver. The lowest single-family home price in Aurora typically starts around $350,000, with the average home price hovering near $500,000.

2. Thornton: Located about 10 miles north of downtown Denver, Thornton is another suburb known for its reasonable housing prices. This growing community provides residents with numerous shopping centers, restaurants, and outdoor activities while maintaining a small-town feel. You can find single-family homes in Thornton starting from $400,000, with the average price being around $525,000.

3. Westminster: Positioned between Denver and Boulder, Westminster offers the best of both worlds. It’s ideal for those who work in either city but prefer more affordable living arrangements. The suburb is known for its high-quality public schools and beautiful open spaces. Homes in Westminster tend to start at $450,000, with the average price ranging from $600,000 to $650,000, depending on the neighborhood.

4. Arvada: Just northwest of Denver, Arvada boasts a historic downtown area with unique shops and eateries. Housing here tends to be more affordable compared to central Denver, making it an attractive option for families and young professionals alike. Single-family homes in Arvada can start at about $450,000, and the average price tends to be closer to $600,000.

5. Parker: Situated about 20 miles southeast of Denver, Parker is perfect for those looking for a suburban feel with easy access to the city. Known for its family-friendly atmosphere and excellent schools, Parker also offers relatively lower housing costs. The lowest single-family home prices in Parker usually begin around $400,000, and the average home price is around $550,000.

6. Castle Rock: Approximately 30 miles south of Denver, Castle Rock combines small-town charm with modern amenities. It’s an excellent choice for buyers seeking affordable homes in a scenic setting with plenty of outdoor activities. Castle Rock offers homes starting at $450,000, with an average home price of $600,000.

7. Brighton: Located northeast of Denver, Brighton offers a rural feel with the convenience of being close to the city. It's an appealing option for those who want more space and lower housing costs without being too far from urban amenities. In Brighton, the lowest single-family home prices can be found from around $375,000, with the average home price typically falling between $475,000 and $525,000.

Each of these suburbs and towns provides unique benefits while keeping you within an hour’s drive from Denver. Whether you’re moving to Colorado for work or simply seeking a change in scenery, these locations offer affordable housing options without compromising on quality or convenience.