Neighborhood Guide

Park Avenue Addition

Denver, CO 80218

Data Verified: Jul 4, 2026

About this Area

Park Avenue Addition, located in the vibrant city of Denver, Colorado, is a neighborhood that seamlessly blends historic charm with modern convenience, offering residents a unique and desirable living experience. Established in the early 20th century, this picturesque neighborhood was designed as a residential enclave for Denver's growing middle and upper-middle class, and its legacy of community and elegance endures to this day. The tree-lined streets, adorned with a mix of historic bungalows, Craftsman homes, and mid-century ranch-style houses, create a sense of timeless beauty and architectural diversity that is hard to find elsewhere in the city. Park Avenue Addition's name is derived from its proximity to Park Avenue, a scenic and historic thoroughfare that runs through the heart of the neighborhood, offering easy access to downtown Denver and the surrounding areas. The neighborhood's rich history and strong sense of community make it an ideal choice for families, professionals, and retirees alike, who are drawn to its unique blend of old-world charm and contemporary living.

The real estate market in Park Avenue Addition is characterized by a diverse range of architectural styles and home sizes, offering buyers a wide array of options to suit their individual needs and preferences. The neighborhood boasts a mix of historic homes with original details, such as hardwood floors, built-in cabinetry, and cozy fireplaces, as well as modern luxury properties that feature open floor plans, gourmet kitchens, and state-of-the-art amenities. The median home value in Park Avenue Addition stands at an impressive $653,900, reflecting the desirability and value of this sought-after address. Buyers can expect to find a range of lot sizes, from smaller infill properties to larger, more expansive lots, providing ample space for outdoor living and entertaining. The real estate market here is competitive, with homes often selling quickly due to high demand and limited inventory, making it an ideal neighborhood for those seeking a prime investment opportunity in Denver's real estate landscape.

Park Avenue Addition residents enjoy easy access to a wealth of amenities that cater to every aspect of life, from recreation and leisure to education and shopping. The neighborhood is home to several beautiful parks, including Cheesman Park and Congress Park, which provide scenic walking paths, picnic areas, and playgrounds for families to enjoy. For education, Park Avenue Addition is served by the highly acclaimed Denver Public Schools, with nearby institutions such as East High School and Denver East High School offering top-tier academic programs. Shopping and dining options abound in the surrounding areas, with the Cherry Creek Shopping Center and the bustling South Pearl Street corridor providing a diverse range of retail and culinary experiences just minutes away. Additionally, the neighborhood's proximity to downtown Denver and major highways makes it an ideal choice for commuters, with easy access to the city's best attractions, cultural institutions, and employment opportunities.

Park Avenue Addition stands as a testament to Denver's rich history and enduring appeal, offering residents a lifestyle that is both charming and convenient. The neighborhood's median income of $82,925 reflects the economic stability and prosperity of its residents, who enjoy a high quality of life with easy access to the best that Denver has to offer. Commuting is a breeze, with major highways and public transportation options providing convenient access to downtown Denver and beyond, typically within 15-20 minutes. The strong sense of community, combined with the neighborhood's historic charm and modern amenities, makes Park Avenue Addition an ideal choice for families, professionals, and retirees alike. Whether you're drawn to the neighborhood's rich history, its diverse architectural styles, or its unparalleled amenities, Park Avenue Addition offers a unique and rewarding living experience that is hard to match.

Homendo Valuation Index
Quality of Life 86
Environment 90
Education 97
Safety 83
Demographics
Population
19,364
Density
3,800
Median Age
36.5
Income
$82,925
StatisticZipCityCountyStateUSA
Population 19,364 713,734713,7345,810,774332,387,540
Median Age 36.5 35.235.237.538.7
People per Household 1.54 2.122.122.452.54
Median Household Income $82,925 $91,681$91,681$92,470$78,538
Avg Income per Capita $86,458 $61,202$61,202$50,489$43,289
Real Estate Market
Median Value
$653,900
Median Rent
$1,420
Available
184
MetricZipCityCountyStateUSA
Median Sale Price$653,900$586,700$586,700$502,200$303,400
Median Age of Home6551513845
Homes Owned33.0%45.9%45.9%60.6%58.2%
Homes Rented60.7%47.6%47.6%30.8%31.3%
Homes Vacant6.3%6.5%6.5%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index146.2146.2146.2146.2100.0
Commute Time (min)22.725.425.425.526.6
Work from Home26.1%24.4%24.4%18.8%13.5%
Climate
Jan Low
11.8°
July High
91.3°
Rain
14.8"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)11.811.811.811.811.8
July Avg High (°F)91.391.391.391.391.3
Annual Precip (in)14.814.814.814.814.8
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Park Avenue Addition

Park Avenue Addition is an economically balanced community located in Denver. The neighborhood is offering a flexible lifestyle with a dynamic mix of owners and renters, ideal for young professionals or investors..

Demographically, the area attracts a diverse age group (Median Age: 36.5), creating a unique community atmosphere. With a median household income of $82,925, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Park Avenue Addition is currently active. The median home value stands at $653,900, reflecting the desirability of the Denver area. For investors or those looking to lease, the median rent is approximately $1,420.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 6.3%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Park Avenue Addition holds a Homendo Safety Score of 83 and an Environmental Quality Score of 90. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Denver region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Park Avenue Addition is rated at 97 on the Homendo Index. Located within the Denver County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
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WalkScore™
Walk
Very Walkable
90
Transit
Some Transit
41
Bike
Biker's Paradise
96
School Ratings

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