Why Live in Lower Downtown
Lower Downtown Denver, commonly known as LoDo, is a vibrant neighborhood rich in history and modern amenities. Established in 1858, it features 127 historical structures alongside contemporary buildings, making it a unique blend of old and new. The area spans 25 square blocks, showcasing late 19th-century architecture, with a mix of converted lofts and newly constructed condos. Residents enjoy numerous parks, including Coors Field, home of the Colorado Rockies, the Downtown Denver Skatepark, Cherry Creek trail, and Commons Park. Eltich Gardens amusement park adds to the local attractions, with its iconic Ferris wheel visible in the downtown skyline. Larimer Square is a bustling area filled with bars, breweries, boutiques, and historic dining spots like The Cherry Cricket. Union Station, a historic landmark, offers fine dining, boutique shopping, and serves as a major transportation hub with the RTD rail system and a direct A-line train to Denver International Airport, 25 miles away. LoDo is known for its lively nightlife and year-round events, such as the Wild Music Series, weekly Pub Crawl, and LoDo Walking Tours. Sports enthusiasts appreciate the proximity to Coors Field, Ball Arena, and Empower Field. The neighborhood falls under Denver Public Schools District No.1, with East High School earning a high rating. LoDo is pedestrian-friendly and offers convenient public transportation options, making it an attractive area for residents and visitors alike.
Frequently Asked Questions
Is Lower Downtown a good place to live?
Lower Downtown is a good place to live. Lower Downtown is considered very walkable and a biker's paradise with great transit options. Lower Downtown has 6 parks for recreational activities. It is very dense in population with 36.5 people per acre and a median age of 35. The average household income is $131,159 which is above the national average. College graduates make up 70.3% of residents. A majority of residents in Lower Downtown are renters, with 82.9% of residents renting and 17.1% of residents owning their home. A
local real estate agent serving Lower Downtown can help you decide if this neighborhood is the right one for you. Learn more on our
Lower Downtown neighborhood guide.
How much do you need to make to afford a house in Lower Downtown?
The median home price in Lower Downtown is $707,500. If you put a 20% down payment of $141,500 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $3,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $154K a year to afford the median home price in Lower Downtown. The average household income in Lower Downtown is $131K.
What are the best public schools in Lower Downtown?
The best public schools that serve Lower Downtown are:
What are the best private schools in Lower Downtown?
The best private schools that serve Lower Downtown are:
What are the most popular zip codes in Lower Downtown, Denver, CO?
What are the most popular neighborhoods near Lower Downtown, Denver, CO?
Home Trends in Lower Downtown, CO
On average, homes in Lower Downtown, Denver sell after 82 days on the market compared to the national average of 52 days. The median sale price for homes in Lower Downtown, Denver over the last 12 months is $645,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$645,000
Median Single Family Sale Price
$732,000
Median Townhouse Sale Price
$685,000
Median 2 Bedroom Sale Price
$792,500
Median 1 Bedroom Sale Price
$485,000
Average Price Per Sq Ft
$577
Number of Homes for Sale
150
Last 12 months Home Sales
148
Median List Price
$707,500
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
6%
