Cheap Apartments for Rent near Amherst, CO from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in Amherst.

property at 305 Colorado Ave
$575

Total Monthly Price

Base Rent$575

Total Monthly Price$575
1 Bedroom, 1 Bath Home for Rent
Available Now

305 Colorado Ave

BrushCO80723

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 125 Charmony Frontage Rd
$750 - $1,250

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 To 2 Bedroom Rentals
Available Now

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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High Plains Apartments
1 to 3 Bedroom Apartments

High Plains Apartments

420 College DrTorrington, WY 82240
  • Utilities Included
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Pine Village
3 Bedroom Apartments

Pine Village

610 School StRexford, KS 67753
property at 110-112 Park St
$675

Total Monthly Price

Base Rent$675

Total Monthly Price$675
6 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now

110-112 Park St

SterlingCO80751

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 1144 N 8th St
$700

Total Monthly Price

Base Rent$700

Total Monthly Price$700
1 Bedroom, 1 Bath Home for Rent
Available Now

1144 N 8th St

SterlingCO80751
property at 303 S 3rd Ave
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 Bedroom, 1 Bath Home for Rent
Available Now

303 S 3rd Ave

SterlingCO80751
property at 908 N 6th St
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
1 Bedroom, 1 Bath Home for Rent
Available Now

908 N 6th St

SterlingCO80751
property at 805 Cleveland St
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
2 Bedroom, 1 Bath Home for Rent
Available Now

805 Cleveland St

SterlingCO80751
property at 601 N Custer Ave
$850

Total Monthly Price

Base Rent$850

Total Monthly Price$850
2 Bedroom, 1 Bath Home for Rent
Available Now

601 N Custer Ave

FlemingCO80728

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Amherst, CO Local Guide

Cheapest Available Amherst Apartments for Rent and Nearby

 

The cheapest available apartment rental in Amherst, CO is a 1 Bed unit found at Great Plains Apartments priced from $500. The Preston has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Amherst apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Great Plains Apartments1 Bed 1 Bath1BR, 1BA$500
The Preston1-Bedroom1BR, 1BA$699
Lakeside2 Bed 1.5 Bath2BR, 1BA$730
Crestview2 Bed 1.5 Bath2BR, 1BA$835
Heartland Flats AllianceMarlowe1BR, 1BA$899
Sandridge ApartmentsUnit 1A1BR, 1BA$900
Kelley Creek2 Bed 1.5 Bath2BR, 1BA$900
South Platte Terrace Apartments1 Bedroom1BR, 1BA$920
Allura Gardens ApartmentsOne Bedroom One Bathroom1BR, 1BA$950
Whitcomb ApartmentsOne Bedroom Apartment Home - INCOME RESTRICTED1BR, 1BA$993

Best Value Apartments for Rent in Amherst, CO and Nearby

As of September 17, 2026 the best value apartment in the Amherst area is the $1.10 price per square foot 2 Bedroom Model at 6th Dimension Apartments starting from $995. The second greatest value Amherst apartment is the 2 Bed 1.5 Bath Model at Kelley Creek starting at $900 with a $1.02 price per square foot. Here is today’s list of the best values for Amherst apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6th Dimension Apartments2 Bedroom2BR, 1BA$1.10
Kelley Creek2 Bed 1.5 Bath2BR, 1.5BA$1.02
Crestview2 Bed 1.5 Bath2BR, 1.5BA$0.99
Lakeside2 Bed 1 Bath2BR, 1BA$1.06
Smokey Trail Village2 Bed, 1 Bath2BR, 1BA$1.48
Allura Gardens ApartmentsTwo Bedroom One Bathroom2BR, 1BA$1.47
South Platte Terrace Apartments1 Bedroom1BR, 1BA$1.36
Heartland Flats AllianceBrasswoodStudio, 1BA$1.36
Great Plains Apartments1 Bed 1 Bath1BR, 1BA$0.77
The Preston1-Bedroom1BR, 1BA$1.40

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Amherst Apartments

What is the Cheapest Studio apartment in Amherst?

Currently the most affordable Cheap Studio Apartment in Amherst is at Heartland Flats Alliance listed at $899.

How much is rent for a Cheap One Bedroom Amherst Apartment?

The lowest price for a Cheap One Bedroom Amherst Apartment is $500 at Great Plains Apartments.

What is the lowest price for a Cheap Two Bedroom Amherst Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Amherst is starting from $575 at Great Plains Apartments.

What is the most affordable Amherst Three Bedroom Apartment?

The best deal on a cheap Amherst Three Bedroom Apartment rental is at Gateway Village Apartments and starts from $1,100.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.