Watch live: FOX31 News at 9 p.m.

Montbello neighborhood is fastest-growing suburb in U.S.

DENVER -- The former industrial neighborhood northeast of Denver is the hottest suburban area in the country, according to a study from Realtor.com.

Specifically, it's the ZIP code 80239, which covers the area from the Rocky Mountain Arsenal National Wildlife Refuge to Smith Road between Havana Street and Pena Boulevard.

Realtor.com said northeast Denver "burst onto our radar with the opening of the surprisingly cool Stanley Marketplace -- a chic, food-centric neighborhood center with restaurants, beer halls, and a yoga studio."

The median home price in the neighborhood jumped 27 percent last year and is at $270,000. That's still cheap compared to the median home price in Denver, which is $544,000, according to Realtor.com.

suburb-01-2

 

Despite the increase in the cost of rent, Denver remains one of the most popular places to move, according to a recent study by Penske Truck Rental.