
Cheap Apartments for Rent in Aspen, CO from $642 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Aspen.


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Aster Place

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Bighorn Crossing

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The House Apartments

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Straight Creek Apartments

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The Scout

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The Meadows

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River Run
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.

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Vista Verde Workforce

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SIX CANYON

140 Co Rd 135

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The Pike

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465-464 4 O'Clock Rd, Unit SI ID1387656P

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Lofts

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CHILL

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Hayden Place
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.

50483 US-6

306 Belleview Ave

1775 W Gore Creek Dr

Rendezvous Apartments

Meadows Apartments

Basecamp

177 CO-91

512 E 9th St
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.

L3 at Green Leaf Lofts

Red Table Apartments

Altitude Apartments

Flats on 2nd Apartments

4122 Sky Ranch Dr

3104 Hager Ln

MountainView Flats

902 W 6th St
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.

921 Mt Massive Dr

904 W 6th St

21 Crested Mountain Ln

The Piedmont Apartments

998 W Beaver Creek Blvd

11 Hackamore Rd

17792 CO-82
90 Beacon Ct
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.
Aspen, CO Local Guide

How much does it cost to rent an apartment in Aspen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Aspen Studio Apartments | $2,374 | $1,729 | $3,683 |
| Cheap Aspen 1 Bedroom Apartments | $3,928 | $642 | $10,000+ |
| Cheap Aspen 2 Bedroom Apartments | $7,588 | $770 | $10,000+ |
| Cheap Aspen 3 Bedroom Apartments | $5,162 | $890 | $10,000+ |
| Cheap Aspen 4 Bedroom Apartments | $5,700 | $3,400 | $8,000 |
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Aspen, CO Local Guide
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Cheapest Available Aspen Apartments for Rent
 The cheapest available apartment rental in Aspen, CO is a 1 Bed unit found at Aster Place priced from $642. Centennial has the second lowest priced unit, which is a Studio apartment currently listed from $1,583. Here is today’s list of the most affordable Aspen apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Place | One Bedroom - 30% AMI | 1BR, 1BA | $642 |
| Centennial | Studio A-3 | Studio, 1BA | $1,583 |
| Bighorn Crossing | 2 Bed 2 Bath | 2BR, 2BA | $1,609 |
| Straight Creek Apartments | Keystone | 2BR, 1BA | $1,949 |
| Basecamp | Two Bedroom | 2BR, 2BA | $1,950 |
| The Scout | D1310x1TA | Studio, 1BA | $2,001 |
| The Pike | Larkspur | Studio, 1BA | $2,353 |
| Lofts | E1 | 1BR, 1BA | $2,441 |
| CHILL | Studio | Studio, 1BA | $2,500 |
| Hayden Place | S6 | Studio, 1BA | $2,600 |
Best Value Apartments for Rent in Aspen, CO
As of September 17, 2026 the best value apartment in the Aspen area is the $3.34 price per square foot Ground Floor Apartment Model at Wave on the Blue starting from $5,050. The second greatest value Aspen apartment is the Two Bedroom Model at Basecamp starting at $1,950 with a $1.96 price per square foot. Here is today’s list of the best values for Aspen apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wave on the Blue | Ground Floor Apartment | 2BR, 2BA | $3.34 |
| Basecamp | Two Bedroom | 2BR, 2BA | $1.96 |
| Chambers Lofts | 2BR/2.0BA | 2BR, 2BA | $3.36 |
| SIX CANYON | Hanging Lake | 2BR, 2BA | $2.83 |
| Red Table Apartments | 2BR/2BA - B1 | 2BR, 2BA | $2.91 |
| Bighorn Crossing | 2 Bed 2 Bath | 2BR, 2BA | $2.00 |
| Aster Place | One Bedroom - 40% AMI | 1BR, 1BA | $1.07 |
| Straight Creek Apartments | Keystone | 2BR, 1BA | $2.60 |
| The Scout | D1311X1 | 1BR, 1BA | $3.42 |
| Centennial | Studio A-3 | Studio, 1BA | $3.48 |
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 ArticleNavigating 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.
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.
Best Local Schools in Aspen, CO
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Aspen, CO Rentals by Map
See the most popular apartments and homes in Aspen, CO
Frequently Asked Questions about Cheap Aspen Apartments
What is the Cheapest Studio apartment in Aspen?
Currently the most affordable Cheap Studio Apartment in Aspen is at Centennial listed at $1,583.
How much is rent for a Cheap One Bedroom Aspen Apartment?
The lowest price for a Cheap One Bedroom Aspen Apartment is $642 at Aster Place.
What is the lowest price for a Cheap Two Bedroom Aspen Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Aspen is starting from $770 at Aster Place.
What is the most affordable Aspen Three Bedroom Apartment?
The best deal on a cheap Aspen Three Bedroom Apartment rental is at Aster Place and starts from $890.
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

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.

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.

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.

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.