Neighborhood Guide: Cherry Creek, Denver
Cherry Hill, Denver is known as one of the most upscale, urban neighborhoods in the city with world-class amenities, restaurants, and shopping to choose from. Cherry Creek is also home to a thriving arts district with 20 art galleries, hundreds of businesses, and live theater. Get to know the area and make yourself at home with our handy guide on moving to Cherry Creek.
Cherry Creek's History
The Arapaho Native Americans named Cherry Creek, Denver for its abundance of chokecherries nestled along the creek. The neighborhood also has roots from the gold rush era where it served as a prime route stretching from the Missouri River to Denver. By the late 1880s, Cherry Creek was still sparsely populated, and the area was soon developed into farmland along "Harman's Subdivision" by Judge Edwin P. Harman. Today you can still see a private house in Cherry Hill with a plaque bearing the words, "Harman Town Hall" at 4th and St. Paul.
What’s Cherry Creek Like Today?
With the help of Harman, the area of Cherry Hill, Denver saw some of its first development and today is one of the most desirable places to live in Denver with upscale homes, apartment complexes, bars, restaurants, coffee shops, and parks for a decidedly upscale urban feel. The neighborhood is also home to the premier Cherry Creek Shopping Center featuring 160 stores including Neiman Marcus, Tiffany & Co., Burberry, Louis Vuitton, and others. And in just the last handful of years, Cherry Creek has seen over 40 projects either completed or under construction. The future of Cherry Creek focuses on urban development and more amenities, apartments, and homes.
Cherry Creek's Location
Located near the geographic center of the ever-popular Denver, Colorado is a booming town that flawlessly blends tree-lined, residential streets with dense urban development. Cherry Creek, a lovely Denver neighborhood, gets its name from the actual Cherry Creek, which runs along the southern end of the neighborhood. Here you will find historic Denver homes blended with newer residential pockets, creating a unique housing environment welcoming to all ages.
Cherry Creek is situated east of University Boulevard and west of Colorado Boulevard, allowing connections from the I-25. In addition to these two primary connections, more major traffic arteries run through Cherry Creek, making it a prime neighborhood for anyone who commutes with a vehicle. Speer Boulevard, a major street that runs from Downtown Denver, comes through Cherry Creek as East First Avenue.
There are two main shopping centers in Cherry Creek along East First Avenue. The first is the enclosed, upscale shopping mall known as the Cherry Creek Shopping Center. Running along East First, Second, and Third Avenues, you will find the second main shopping area of Cherry Creek North. Aside from these two commercial centers, the majority of the Cherry Creek neighborhood is primarily residential.
The Cherry Creek North area is home to a 16-block neighborhood home to countless nationally recognized brands and locally-owned businesses. The Fillmore Plaza, found in this area, houses multiple community events throughout the year, including the neighborhood’s most popular Cherry Creek Arts Festival and Cherry Creek North Food & Wine in the summer.
A Great Place to Raise a Family
Cherry Creek in Denver is a beautiful place to raise kids with proximity to parks and above average public schools like Bromwell Elementary School. The neighborhood is also home to kid-favorites like Great Play of Cherry Creek, a children's amusement center. There's also a play area for kids at the new Rocky Mountain Play Park inside the Cherry Creek Shopping Center. Kids are delighted by Looney Tune characters enjoying Rocky Mountain outdoor activities like hiking and climbing. And after playtime is over, there's also a multi-screen movie theater right inside the shopping center with a selection of family-friendly movies.
Cherry Creek's Demographics
Over 8,000 people call Cherry Creek home and there is a nearly even ratio of male to female residents, with 50.08% male and 49.93% female. Cherry Creek is a smaller area in Denver, and while it is inviting to your professionals, it is also an excellent place for families and the elderly.
The majority of Cherry Creek residents fall within the 30 to 40-year-old age bracket, with the median age of a Cherry Creek resident at 37 years old. There is a good blend of family and non-family households in Cherry Creek, though it’s also home to many young professionals today. With over 4,300 households in the neighborhood, 35.46% belong to families, while the remaining 64.57% belong to non-family households.
Cherry Creek is a walker’s paradise, touting a walk score of 91. Such high walkability makes it an attractive option for young professionals and seniors looking to retire near the action. You'll also see college students scattered around who attend one of the 11 colleges and universities in the Denver region.
Although the area has such an excellent walk score, owning a vehicle is still the preferred method of transportation due to the overall density of Denver. Otherwise, many residents of Cherry Creek take to public transit, which has multiple options and stops located within this neighborhood.
The average rent for a one-bedroom apartment in Denver is $1,600, while the average for a two-bedroom apartment is $2,050. However, you should expect to pay more for an apartment in the highly sought-after Cherry Creek neighborhood. The average rent for a one-bedroom apartment in Cherry Creek is $2,334, while the average for a two-bedroom apartment is $4,914.
Since rent prices have steadily increased in the Denver area since late July of 2021, it’s no surprise this trend has followed in Cherry Creek as well.
Cherry Creek's Transporation
Several major streets stretch through Cherry Creek including Colorado Boulevard, 1st Avenue that continues on from Speer, University Boulevard and 6th Avenue. Most residents walk, bike, drive, or get a ride share from Lyft or Uber around Cherry Creek. However, there are other options available. Locals also love biking down the Cherry Creek Trail traveling all the way to downtown Denver and beyond. You can rent a bike at one of the neighborhood's Denver B-cycle stations at 3rd Street and Milwaukee or Cherry Creek North Drive at the Cherry Creek Shopping Center. Denver's public RTD (Regional Transportation District) connects through Cherry Creek throughout the day for quick access around the city.
Is Cherry Creek Safe?
Since Cherry Creek is one of the more affluent areas in Denver, with the highest rent rates to match, you can anticipate feeling very safe in this neighborhood.
According to Best Places, the rating for violent and property crimes falls well below the national averages. On a ranking system of 1 to 100, with 100 being an extremely high crime rate, Cherry Creek has a violent crime rate of 11.4 compared to the national average of 22.7. Similarly, the property crime rate of Cherry Creek is 30.7, compared to the national average of 35.4.
With such excellent crime ratings paired with equally good walk scores, it’s clear to see that Cherry Creek is a safe place to walk around any time of day.
Cherry Creek also takes its crime ratings very seriously, with a Cherry Creek crime report updated multiple times per week. Here you can quickly see the latest crimes in the area, comparisons with neighboring areas, areas with the highest reported crimes, and monthly crime reports.
Whether you are a young professional or a family looking to move somewhere it is safe to walk home from work at night, Cherry Creek is a great option.
Cherry Creek's Major Employers
Denver is a major metropolitan city. As such, it’s not surprising to know that 10 of the Fortune 500 top companies in the country call Denver home. Specifically, Cherry Creek has the home headquarters of eight different companies.
Top employers for the Cherry Creek area include Dish Network, Newmont, Liberty, Liberty Global, Western Union, CH2M HILL, Ball, and Qest Communications Headquarters.
Cherry Creek is an excellent place for any young professional looking to boost their career with a location centralized in the city. Outside of the significant Fortune 500 companies, there are countless other employment opportunities, including those by the University of Denver and the University of Colorado-Denver.
Not surprisingly, Denver has suffered a dip in employment during the pandemic. However, growth and development are still relatively strong. Compared to similar-sized cities, Denver has a healthier job market with an index score of 7.6 out of 10. The unemployment rate of 7.5% in Denver is also 0.6% lower than the national average. As conditions continue to ease, the job market is expected to gain speed.
Things to Do in Cherry Creek
Join a Festival
The Cherry Creek art and culture scene make it the ideal place to host festivals. The annual Cherry Creeks Art Festival features interactive activities, live music and concerts, culinary exhibitions, and scores of artwork on display. Locals come out to support the arts and have fun over three days in July. The festival’s motto is "Art for Everyone" and works to raise more awareness and funding for arts education.
Go Shopping in Cherry Creek
The Cherry Creek Shopping Center is the place to be whether you're looking for a bite to eat or new hiking boots. Pick-up everything you need for your new Cherry Creek apartment at the center's Crate and Barrel and Room and Board. For groceries, locals shop at nearby Whole Foods or specialty shops like the Truffle Cheese Shop. The latter also boasts a sister restaurant in the LoHi neighborhood called The Truffle Table. Great dining options are a priority for Cherry Creek locals with favorites like Barolo Grill, Fortune Wok to Table, Grind Kitchen & Watering Hole, and The Cherry Cricket among others.
Is Cherry Creek Right For You?
Cherry Creek is a smaller Denver neighborhood known for its luxury duplexes and townhomes. Young professionals will feel right at home in Cherry Creek, as well as well-established families looking to settle into an urban lifestyle without compromising safety.
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