
Cheap Apartments for Rent in the Downtown Boulder Neighborhood of Boulder, CO from $995 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Boulder area of Boulder.


Total Monthly Price
701 Arapahoe

1725 18th St.

Gregory Creek Townhomes

The Walnut
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.

Glen Willow

Canyon Pointe

1603 Arapahoe Ave

1700 17th St

78 W Walnut St
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.

1602 Walnut Street Apartments
Downtown Boulder, Boulder, CO Local Guide

How much does it cost to rent an apartment in Downtown Boulder?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Boulder Studio Apartments | $1,640 | $1,312 | $2,840 |
| Downtown Boulder 1 Bedroom Apartments | $1,758 | $1,687 | $2,095 |
| Downtown Boulder 2 Bedroom Apartments | $2,193 | $1,500 | $2,642 |
| Downtown Boulder 3 Bedroom Apartments | $2,410 | $2,237 | $2,650 |
| Downtown Boulder 4 Bedroom Apartments | $2,277 | $2,217 | $2,367 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Boulder Neighborhood of Boulder, CO.
See all Apartments in BoulderExplore Boulder
Cheapest Available Downtown Boulder Apartments for Rent
 The cheapest available apartment rental in the Downtown Boulder area of Boulder, CO is a Studio unit found at Annex Flats priced from $1,312. 701 Arapahoe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. Here are the most affordable Downtown Boulder apartments for rent in Boulder, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Annex Flats | 0bd | Studio,1BA | $1,312 |
| 701 Arapahoe | 2BR/1.0BA | 2BR,1BA | $1,500 |
| 1525 Arapahoe | 1BR/1.0BA | 1BR,1BA | $1,525 |
| oLiv Boulder | 4x3 TH | 4BR,3BA | $2,217 |
| Marine Fortress 2015 | 3BR/1.0BA | 3BR,1BA | $2,695 |
Best Value Apartments for Rent in Downtown Boulder, CO
As of September 11, 2026 the best value apartment in the Downtown Boulder area is the $1.94 price per square foot 2BR/1.0BA Model at 701 Arapahoe in the in the Pearl Street Mall neighborhood starting from $1,500. The second greatest value Downtown Boulder apartment is the 1BR/1.0BA Model at 1525 Arapahoe starting at $1,525 with a $2.30 price per square foot in the Pearl Street Mall neighborhood. Here is today’s list of the best values for Downtown Boulder apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 701 Arapahoe | 2BR/1.0BA | 2BR,1BA | $1.94 |
| 1525 Arapahoe | 1BR/1.0BA | 1BR,1BA | $2.30 |
Frequently Asked Questions about Cheap Downtown Boulder Apartments
What types of apartments are the cheapest in Downtown Boulder?
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 16 regular apartments in Downtown Boulder 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 Downtown Boulder?
Cheap apartments in Downtown Boulder have an average cost of $1,722 which is $0 cheaper than the average rent for all rentals in Downtown Boulder.
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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.