Neighborhood Guide

Parkway Towers

Denver, CO 80220

Data Verified: Jul 4, 2026

About this Area

Parkway Towers, a distinctive high-rise community located in the heart of Denver, offers a cosmopolitan lifestyle that caters to urban professionals and empty-nesters seeking convenience and luxury. Built in the 1960s, this iconic complex was designed to provide a modern, self-contained living experience, featuring sleek high-rise towers that overlook the city skyline and the scenic Cherry Creek. The neighborhood’s name reflects its original purpose as a gateway to Denver’s parkways, with easy access to the Cherry Creek Trail and the expansive Cherry Creek Mall. Over the years, Parkway Towers has evolved into a vibrant community hub, where residents enjoy rooftop gardens, a fitness center, and a host of on-site amenities that eliminate the need for frequent trips outside the complex. The neighborhood’s central location and proximity to downtown Denver make it a prime choice for those who prioritize urban living without sacrificing comfort.

Parkway Towers stands out in Denver’s real estate landscape with its high-rise condominiums and luxury apartments, offering a median home value of $739,600 that reflects its prime location and upscale amenities. The architectural style is distinctly mid-century modern, characterized by clean lines, floor-to-ceiling windows, and spacious balconies that provide stunning views of the city or the Cherry Creek. Unit sizes range from cozy one-bedroom layouts to expansive three-bedroom penthouses, with many featuring high-end finishes such as granite countertops, hardwood flooring, and smart home technology. The condominium association maintains the property with meticulous care, ensuring that common areas like the pool, fitness center, and landscaped gardens are always in pristine condition. The limited availability of units in this sought-after complex makes it a highly competitive market for buyers who value urban sophistication.

Residents of Parkway Towers enjoy a lifestyle of unparalleled convenience and luxury, with a wealth of amenities designed to enhance daily living. The complex itself features a state-of-the-art fitness center, an indoor swimming pool, and a rooftop terrace with panoramic views of Denver’s skyline. On-site management provides concierge services, including package delivery and event planning, while the secure underground parking garage ensures easy access to vehicles. Just steps away, the Cherry Creek Mall offers an array of high-end shopping, dining, and entertainment options, including stores like Nordstrom and Apple, as well as restaurants like Ocean Prime and True Food Kitchen. The neighborhood is also served by top-rated schools like the Denver School of the Arts and is within walking distance of the Cherry Creek Trail, which provides scenic routes for biking, jogging, and leisurely walks. Public transportation options, including light rail and bus routes, make commuting effortless.

Parkway Towers is the epitome of urban luxury living in Denver, offering a lifestyle that combines convenience, sophistication, and community, supported by a median household income of $101,961. The neighborhood’s appeal lies in its ability to provide a resort-like experience within the city, with on-site amenities that rival those of high-end hotels. Commute times are minimal, with downtown Denver just a 5-minute drive or a short light rail ride away, and major employment hubs like the Denver Art Museum and hospitals within a 10-minute commute. The area’s strong sense of community, coupled with its robust real estate market and prime location, makes it an ideal choice for professionals, retirees, and anyone seeking a vibrant urban lifestyle. Whether you’re drawn to its stunning views, upscale amenities, or unbeatable convenience, Parkway Towers offers a living experience that is both exhilarating and rewarding.

Homendo Valuation Index
Quality of Life 88
Environment 88
Education 97
Safety 93
Demographics
Population
36,311
Density
4,500
Median Age
38.1
Income
$101,961
StatisticZipCityCountyStateUSA
Population 36,311 713,734713,7345,810,774332,387,540
Median Age 38.1 35.235.237.538.7
People per Household 2.14 2.122.122.452.54
Median Household Income $101,961 $91,681$91,681$92,470$78,538
Avg Income per Capita $79,121 $61,202$61,202$50,489$43,289
Real Estate Market
Median Value
$739,600
Median Rent
$1,543
Available
258
MetricZipCityCountyStateUSA
Median Sale Price$739,600$586,700$586,700$502,200$303,400
Median Age of Home7151513845
Homes Owned55.0%45.9%45.9%60.6%58.2%
Homes Rented40.2%47.6%47.6%30.8%31.3%
Homes Vacant4.8%6.5%6.5%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index157.5157.5157.5157.5100.0
Commute Time (min)24.625.425.425.526.6
Work from Home24.5%24.4%24.4%18.8%13.5%
Climate
Jan Low
16.0°
July High
90.9°
Rain
16.0"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)16.016.016.016.016.0
July Avg High (°F)90.990.990.990.990.9
Annual Precip (in)16.016.016.016.016.0
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 Parkway Towers

Parkway Towers is an economically balanced community located in Denver. The neighborhood is offering a healthy balance of homeownership and rental opportunities..

Demographically, the area attracts a diverse age group (Median Age: 38.1), creating a unique community atmosphere. With a median household income of $101,961, 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 Parkway Towers is currently active. The median home value stands at $739,600, reflecting the desirability of the Denver area. For investors or those looking to lease, the median rent is approximately $1,543.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 4.8%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Parkway Towers holds a Homendo Safety Score of 93 and an Environmental Quality Score of 88. 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 Parkway Towers 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
Powered By
WalkScore™
Walk
Somewhat Walkable
57
Transit
Some Transit
40
Bike
Bikeable
67
School Ratings

Check rating and reviews of schools in this area.

View Schools