
Cheap Apartments for Rent in the Peterson Neighborhood of Aurora, CO from $700 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peterson area of Aurora.


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Augusta Apartments

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Mural Apartments

1977 Altura Blvd

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Fitzsimons Junction

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Sage Creek Apartments

Laredo House Apartments

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Range View Apartments

15770 E Colfax Ave

16432 E 13th Pl
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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Flats at Fitz

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The Fremont

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1990 Eagle St, Unit 2, Unit 2

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The Broadleaf

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Legacy at Fitz

Residences at Hoffman

Flats on the A

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21 Fitzsimons

16462 E 13th Pl

13160 E 13th Pl
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.

2041 Fairplay St

14404 E 22nd Pl

Furnished Studio-Denver - Airport

Aurora Village

Sunrise Apartments

Glen at the Park

Fitz on 14th

Green Acres Mobile Home Park

Xanadu Apartment Homes

Los Altos
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Forum

Copper Flats

13005 E Elk Pl

15529 E 47th Ave

Sable Ridge Senior Residences North

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Sable Ridge Senior Residences South

Station A Apartments

Gateway Park

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Parkfield Apartment Homes

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The Haven
The Art of the Rental Viewing: What to look for during a property tour
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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Sabine

Strata

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Rosewind

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Millennium Green Valley Ranch

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Outlook Horizons

5255 Memphis St

5255 Memphis St

The Meadows at Montbello

Redstone Ranch Apartments

Incline 45
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Peterson, Aurora, CO Local Guide

How much does it cost to rent an apartment in Peterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peterson Studio Apartments | $1,485 | $896 | $1,801 |
| Peterson 1 Bedroom Apartments | $1,650 | $991 | $2,657 |
| Peterson 2 Bedroom Apartments | $2,113 | $910 | $3,040 |
| Peterson 3 Bedroom Apartments | $2,809 | $1,048 | $4,713 |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Peterson Neighborhood of Aurora, CO.
See all Apartments in AuroraExplore Aurora
Peterson, Aurora, CO Local Guide
- Nearby Aurora neighborhoods
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Cheapest Available Peterson Apartments for Rent
 The cheapest available apartment rental in the Peterson area of Denver, CO is a Studio unit found at Carriage Green Apartments priced from $896. Augusta Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Peterson apartments for rent in Denver, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carriage Green Apartments | Studio | Studio,1BA | $896 |
| Augusta Apartments | 1 Bed | 1BR,1BA | $899 |
| Mural Apartments | Banksy HTF 30% | 2BR,1BA | $910 |
| Fitz on 14th | S1 | Studio,1BA | $980 |
| Fitzsimons Junction | 1 BED 1 BATH SMALL | 1BR,1BA | $1,014 |
| Laredo House Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1,095 |
| Range View Apartments | 1 Bedroom | 1BR,1BA | $1,166 |
| Sable Ridge Senior Residences North | 1 Bedroom 1 Bath | 1BR,1BA | $1,295 |
| Sable Ridge Senior Residences South | 1 Bedroom 1 Bath Affordable | 1BR,1BA | $1,300 |
| Forum | S Uno 568 sqft - 576 sqft | Studio,1BA | $1,337 |
Best Value Apartments for Rent in Peterson, CO
As of April 29, 2026 the best value apartment in the Peterson area is the $1.86 price per square foot Muirfield Model at Avenza Townhomes in the in the Sable Village neighborhood starting from $2,784. The second greatest value Peterson apartment is the Jetsetter Model at Redstone Ranch Apartments starting at $1,812 with a $1.82 price per square foot in the Denver International Airport neighborhood. Here is today’s list of the best values for Peterson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avenza Townhomes | Muirfield | 3BR,2.5BA | $1.86 |
| Redstone Ranch Apartments | Jetsetter | 2BR,2BA | $1.82 |
| 1990 Eagle St, Unit 2 | 1990 Eagle St | 2BR,1BA | $1.54 |
| Parkfield Apartment Homes | A1 | 1BR,1BA | $2.01 |
| The Haven | Design 1A | 1BR,1BA | $2.02 |
| Gateway Park | Broadmoor | 1BR,1BA | $1.98 |
| Sable Ridge Senior Residences South | 1 Bedroom 1 Bath Affordable | 1BR,1BA | $1.98 |
| Sable Ridge Senior Residences North | 1 Bedroom 1 Bath | 1BR,1BA | $2.01 |
| Fitzsimons Junction | 1 BED 1 BATH SMALL | 1BR,1BA | $1.81 |
| Augusta Apartments | 1 Bed | 1BR,1BA | $1.63 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Aurora. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, family-friendly amenities, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Peterson Apartments
What is a cheap apartment in Peterson?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Peterson is under $1,337.
What is the price of a cheap apartment in Peterson?
The cheapest apartment in Peterson is Augusta Apartments which is listed at $899, while the average apartment in Peterson costs $2,699.
What types of apartments are the cheapest in Peterson?
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 70 regular apartments in Peterson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Peterson?
Cheap apartments in Peterson have an average cost of $173 which is $2,526 cheaper than the average rent for all rentals in Peterson.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Denver Neighborhood for Student Renters
Written by: Marie McGinnis
Many dream of attending college in Denver. Nothing beats the big-city opportunities with close access to outdoor activities.

The Essential Guide to Denver Neighborhoods for Employees of Lockheed Martin, DIA, and Deloitte
Written by: Marie McGinnis
Denver is a bustling city with a strong economy, numerous outdoor activities, and a robust cultural scene.

Experience Life as a Local: The Insider's Guide to Renting in Denver
Written by: Marie McGinnis
Nothing beats the fresh Colorado air and numerous sunny days. In Denver, nature meets big city living, and there is no shortage of things to do. Hi, I'm Marie, your ApartmentHomeLiving.
Articles, How-To's, and Tips

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.