Cheap Apartments for Rent in Aspen, CO from $500 (9 Rentals)

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

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Centennial
Studio to 3 Bedroom Apartments

Centennial

100 Luke Short CtAspen, CO 81611
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Bighorn Crossing
$1,505 - $1,680
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$1,505 - $1,680

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1 to 2 Bedroom Apartments Available Now

Bighorn Crossing

1920 ArgentineGeorgetown, CO 80444
Corporate Housing
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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.

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Rendezvous Apartments
1 to 2 Bedroom Apartments

Rendezvous Apartments

2366 Robins WayMontrose, CO 81401
Senior Living
  • Utilities Included
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Meadows Apartments
1 to 2 Bedroom Apartments

Meadows Apartments

502 S San Juan AveBuena Vista, CO 81211
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Basecamp
1 to 2 Bedroom Apartments

Basecamp

41 N 6th StMontrose, CO 81401

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

Cheapest Available Aspen Apartments for Rent

 

The cheapest available apartment rental in Aspen, CO is a 1 Bed unit found at Centennial priced from $1,335. Straight Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,422. Here is today’s list of the most affordable Aspen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CentennialStudio A-11BR,1BA$1,335
Straight Creek ApartmentsPtarmigan1BR,1BA$1,422
Bighorn Crossing1 Bed 1 Bath1BR,1BA$1,505

Best Value Apartments for Rent in Aspen, CO

As of May 13, 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 in the starting from $5,050. The second greatest value Aspen apartment is the Two Bedroom - River View Model at River Run starting at $3,148 with a $3.23 price per square foot . Here is today’s list of the best values for Aspen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wave on the BlueGround Floor Apartment2BR,2BA$3.34
River RunTwo Bedroom - River View2BR,2BA$3.23
Chambers LoftsFLOOR PLAN 12BR,2BA$3.46
MountainView Flats2 Bedroom2BR,1BA$3.38
Straight Creek ApartmentsKeystone2BR,1BA$2.75
BasecampOne Bedroom1BR,1BA$2.35
SIX CANYONOasis1BR,1BA$3.24
Bighorn Crossing1 Bed 1 Bath1BR,1BA$2.70
The MeadowsA1A1BR,1BA$3.69
CentennialStudio B-3Studio ,1BA$3.44

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

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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 $1,619.

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

The lowest price for a Cheap One Bedroom Aspen Apartment is $1,335 at Centennial.

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 $1,650 at Bighorn Crossing.

What is the most affordable Aspen Three Bedroom Apartment?

The best deal on a cheap Aspen Three Bedroom Apartment rental is at The Meadows and starts from $3,510.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.