Boulder doesn't really have cheap housing, and depending on where you are coming from, prepare to be shocked at what you pay for what you get. We used to live in a shoebox with a front door :-) There are very strict growth restrictions in the city itself, so demand will always be higher than the supply. The vacancy rate used to be like 1%, but that has improved. It used to be that when you went to look at a rental, you had to see it with several others and whoever bribed the property manager won the space. That has settled back a bit now, but the prices went up. If you want to rent and want the best selection, get there in June and sublet the tail end of someone else's lease, then renew. 'Boulder prop. management' are slumlords, so stay away from their listings. Students are everywhere since the university is like 20% of the residents. The highest student concentration is 'on the hill' especially east of 9th. As you get into the single digit street's, it gets more $ but nicer because you are close to open space and the foothills. East Boulder (east of Foothills pkwy) is cheap, but not so great. North of downtown is nicer and a bit more grown up than the hill, but similar in price. Martin Acres is just to the south of campus, mostly 60's ranches, and is an area where you will find an in town house that you could maybe call affordable. Longmont is about 15 min northeast and is getting better due to Boulder's overflow, but not my fav., but not so bad either. Lafayette and Louisville are more family oriented and in between Boulder and Broomfield, also about a 10-15 minute commute. If you want a shiny new suburban house, head up 36 to Broomfield, or east to Erie. Nederland is in the mountains to the west, and cute if you want to live up in the hills and you are a stout lover of snow type. Public transportation into Boulder is pretty good from all of the outlying cities, including Denver. The advantage to living in Boulder proper is that you don't need a car, and you can walk or bike to a hiking trail and lose humanity within an hour. It is very beautiful there and has low crime overall. Hope that helps. Enjoy 303.