Cheap Apartments for Rent in the Water Tower Village Neighborhood of Arvada, CO from $900 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Water Tower Village area of Arvada.

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6215 Dover St
1 to 2 Bedroom Apartments

6215 Dover St

6215 Dover StArvada, CO 80004

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Venice Square
1 to 3 Bedroom Apartments

Venice Square

8943 W 53rd AveArvada, CO 80002
  • Utilities Included
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Allison Pointe
2 to 4 Bedroom Apartments

Allison Pointe

7850 W 51st AveArvada, CO 80002
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5415 Carr Street
Studio to 2 Bedroom Apartments

5415 Carr Street

5415 Carr StArvada, CO 80002
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Olde Town Plaza
1 to 2 Bedroom Apartments

Olde Town Plaza

5773 Olde Wadsworth BlvdArvada, CO 80002
  • Utilities Included

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5502 Newland Way
1 Bedroom Apartments

5502 Newland Way

5502 Newland WayArvada, CO 80002
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Arvada Pines
2 Bedroom Apartments

Arvada Pines

8440 W 52nd AveArvada, CO 80002
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Robinson Flats
1 to 2 Bedroom Apartments

Robinson Flats

7500-7508 Robinson WayArvada, CO 80003
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Arvada Flats
2 to 4 Bedroom Apartments

Arvada Flats

7822-7952 Oberon RdArvada, CO 80004

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Aspen Leaf Apartments
2 Bedroom Apartments

Aspen Leaf Apartments

6092 Wadsworth BlvdArvada, CO 80003
  • Utilities Included

Water Tower Village, Arvada, CO Local Guide

Cheapest Available Water Tower Village Apartments for Rent

 

The cheapest available apartment rental in the Water Tower Village area of Denver, CO is a 2 Beds unit found at Vance Street Flats priced from $1,159. Perch on 52nd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here are the most affordable Water Tower Village apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
Vance Street Flats2x12BR,1BA$1,159
Perch on 52ndSienna 1X11BR,1BA$1,175
7250-7290 Newton Street1x11BR,1BA$1,195
Arvada VillageArbor1BR,1BA$1,225
The Village at Arvada, A 62+ Affordable Community1x1 C 50% AMI1BR,1BA$1,227
Reserve at Water Tower Village1 Bedroom 1 Bathroom1BR,1BA$1,395
Allison Pointe2x22BR,2BA$1,474
Water Tower FlatsA11BR,1BA$1,540
Olde Town Terrace (Arvada Apartments)2BR/1.0BA2BR,1BA$1,600
The Russell COStudio 1Studio,1BA$1,614

Best Value Apartments for Rent in Water Tower Village, CO

As of November 07, 2025 the best value apartment in the Water Tower Village area is the $1.57 price per square foot 2x2 Model at Allison Pointe in the in the Water Tower Village neighborhood starting from $1,474. The second greatest value Water Tower Village apartment is the 2x2 Model at Ralston Gardens starting at $2,054 with a $2.24 price per square foot in the Water Tower Village neighborhood. Here is today’s list of the best values for Water Tower Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Allison Pointe2x22BR,2BA$1.57
Ralston Gardens2x22BR,2BA$2.24
Olde Town Terrace (Arvada Apartments)2BR/1.0BA2BR,1BA$2.00
The Village at Arvada, A 62+ Affordable Community2x1 A 60% AMI2BR,1BA$2.22
7250-7290 Newton Street2x12BR,1BA$2.03
Arvada VillageArbor Renovated1BR,1BA$2.13
Water Tower FlatsA11BR,1BA$2.64
Vance Street Flats1x11BR,1BA$2.14
Reserve at Water Tower Village1 Bedroom 1 Bathroom1BR,1BA$2.49
Perch on 52ndSienna 1X11BR,1BA$2.14

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Pet Friendly Lifestyle
Water Tower Village, Arvada, CO

Ranked #20

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Water Tower Village Apartments

What is a cheap apartment in Water Tower Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Water Tower Village is under $1,614.

What is the price of a cheap apartment in Water Tower Village?

The cheapest apartment in Water Tower Village is Perch on 52nd which is listed at $1,175, while the average apartment in Water Tower Village costs $5,369.

What types of apartments are the cheapest in Water Tower Village?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Water Tower Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The 10 Best Affordable Neighborhoods in Denver, CO

Written by: Marie McGinnis

Denver is a beautiful city with ample opportunities for outdoor recreation and a wide variety of housing options. As your ApartmentHomeLiving.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.