
Cheap Apartments for Rent in Amherst, CO from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Amherst.


Great Plains Apartments

Total Monthly Price
1702 4th Avenue, Unit 2

1555 5th St

North Park Apartments

The Preston

Crestview
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.

Lakeside

Oak View Apartments

Heartland Flats Alliance

Kelley Creek

7 Dana Ave

Pine Village

124-134.5-1345 Hamilton St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

407 N Front St

906 East E Street

1300 E H St

902 East E Street

2016 H Avenue

831 Hamilton St

726 N 3rd St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

206 S Clayton St

424.5 S 2nd St
Amherst, CO Local Guide

How much does it cost to rent an apartment in Amherst?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Amherst Studio Apartments | $929 | $899 | $960 |
| Amherst 1 Bedroom Apartments | $1,094 | $492 | $1,447 |
| Amherst 2 Bedroom Apartments | $1,274 | $575 | $1,800 |
| Amherst 3 Bedroom Apartments | $1,450 | $669 | $2,006 |
| Amherst 4 Bedroom Apartments | $1,895 | $1,550 | $2,208 |
Browse Top Apartments in Amherst
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Amherst, CO Local Guide
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Cheapest Available Amherst Apartments for Rent and Nearby
 The cheapest available apartment rental in Amherst, CO is a 1 Bed unit found at High Plains Apartments priced from $492. Great Plains Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Amherst apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| High Plains Apartments | One Bedroom | 1BR,1BA | $492 |
| Great Plains Apartments | 1 Bed 1 Bath | 1BR,1BA | $500 |
| The Preston | 1-Bedroom | 1BR,1BA | $699 |
| Oak View Apartments | 2BR/1.0BA | 2BR,1BA | $750 |
| Lakeside | 2 Bed 1 Bath | 2BR,1BA | $880 |
Best Value Apartments for Rent in Amherst, CO and Nearby
As of June 18, 2026 the best value apartment in the Amherst area is the $1.13 price per square foot 3 Bedroom Model at South Platte Terrace Apartments in the starting from $1,185. The second greatest value Amherst apartment is the The Riverside Model at Pacific Heights starting at $1,255 with a $1.28 price per square foot . Here is today’s list of the best values for Amherst apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Platte Terrace Apartments | 3 Bedroom | 3BR,2BA | $1.13 |
| Pacific Heights | The Riverside | 2BR,2BA | $1.28 |
| 6th Dimension Apartments | 2 Bedroom | 2BR,1BA | $1.10 |
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.02 |
| High Plains Apartments | One Bedroom | 1BR,1BA | $0.58 |
| Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.12 |
| Pacific Place Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.33 |
| Oak View Apartments | 2BR/1.0BA | 2BR,1BA | $1.00 |
| Great Plains Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.77 |
| 1702 4th Avenue, Unit 2 | 1702 4th Avenue | 1BR,1BA | $1.20 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Amherst, CO
Frequently Asked Questions about Cheap Amherst Apartments
How much is rent for a Cheap One Bedroom Amherst Apartment?
The lowest price for a Cheap One Bedroom Amherst Apartment is $492 at High 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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.