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The Millennial Migration: Denver's Fastest Growing Neighborhoods

I’ve spent quite a bit of time in Denver over the years, and I always find it fascinating how different neighborhoods fit different phases of life. Back in my early twenties? LoDo was the spot, of course. Mid-twenties? RiNo had my heart. And now, as I enter my late twenties, I’ve got my eye on places like Sunnyside, Highlands, and Sloan’s Lake.


Depending on where you are in life, maybe this blog will help you figure out which part of Denver you’ll want to call home next. Let’s break down the most popular spots for millennials, why people are moving there, and how each area stacks up.


RiNo: The Hipster Boomtown

A vibrant mural in Denver's RiNo Art District, exemplifying the neighborhood's dynamic street art scene.
A vibrant mural in Denver's RiNo Art District, exemplifying the neighborhood's dynamic street art scene.

If you’ve been to RiNo, you’ve probably noticed how it screams “industrial.” What was once a forgotten industrial zone is now Denver’s creative and cultural heartbeat. Think Brooklyn-meets-Denver vibes, with breweries on every corner, murals covering every wall, and a nightlife scene that rivals any big city.

But here’s the catch, living here ain’t cheap.


The housing market in RiNo has skyrocketed. Condos and lofts in this area are averaging well over $600K, and renting a studio will run you at least $1,500 a month. It’s definitely a pay-for-the-lifestyle type of place. But if you love walkability, nightlife, and living in the middle of the action, it’s worth every penny.

The biggest downside? Affordability. If you’re trying to be financially smart about your living situation, RiNo might be a stretch. But for those who love city energy, food halls, breweries, and a vibrant arts scene, RiNo is still a top contender.


Sloan’s Lake: The Urban-Suburban Sweet Spot

Denver's 'Love This City' mural by artist Pat Milbery, showcasing the city's vibrant arts scene. Commissioned by VISIT DENVER.
Denver's 'Love This City' mural by artist Pat Milbery, showcasing the city's vibrant arts scene. Commissioned by VISIT DENVER.

Sloan’s Lake is what happens when millennials start thinking long-term. It’s the perfect middle ground between city living and suburban comfort, making it ideal for those who still want to be close to downtown but with a little more breathing room.


This area has exploded in popularity thanks to the massive redevelopment of the old St. Anthony’s Hospital site, which brought in new residential spaces, retail, and green areas. The biggest appeal here? More space for the money.


  • Median home price: $750K for a house, $400K for a condo

  • Rent for a studio: Around $1,400 (slightly less than RiNo, but still pricey)


Sloan’s Lake is Denver’s only true lakefront living, which makes it unique. You get views, outdoor activities, and a slightly more relaxed vibe than places like RiNo or Baker. People move here because they want backyards, parks, and proximity to Edgewater’s buzzing restaurant scene. You can grab a drink on a rooftop, then walk your dog by the lake, all without leaving your neighborhood.


The downside? Competition is fierce. Homes in this area don’t last long, and when they do hit the market, they get snatched up fast. If Sloan’s Lake is on your radar, be ready to act quick and bid high.


Baker: The Alternative Hotspot

South Broadway in Denver's Baker neighborhood, showcasing the city's bike-friendly atmosphere and the vibrant local scene.
South Broadway in Denver's Baker neighborhood, showcasing the city's bike-friendly atmosphere and the vibrant local scene.

If RiNo is polished and trendy, and Sloan’s Lake is for the “I want a yard” crowd, then Baker is for the rebels. This neighborhood is the perfect mix of old-school Denver grit and modern redevelopment.


Baker is undeniably cool. South Broadway runs right through it, packed with dive bars, live music venues, vintage shops, and coffee spots. Unlike RiNo, which feels a little curated, Baker still has that raw, authentic charm that’s becoming harder to find in Denver.


Housing-wise, Baker is a mixed bag.


  • Home prices: $600K-$700K (cheaper than Sloan’s Lake, similar to RiNo)

  • Rent: Studio apartments range from $1,200-$1,900, and they’re rising fast


Baker is super walkable, which is a huge plus. But parking? Absolute chaos. Also, while the neighborhood is improving with new developments, some of the older properties need a lot of love. If you’re the type who enjoys a little vintage charm and a close-knit, artsy community, Baker might just be your place.


Final Thoughts: Where Should You Move?

The truth is, Denver has a neighborhood for every phase of life. If you’re all about nightlife, breweries, and the arts scene, RiNo is calling your name. If you want outdoor access, bigger homes, and a little more peace, Sloan’s Lake is the move. And if you’re after a blend of history, culture, and alternative charm, Baker is where it’s at.


No matter where you land, Denver’s energy is contagious. The city is constantly evolving, and finding the right place to live is all about matching your vibe with the right neighborhood. So, where’s your next move?


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