
Cheap Apartments for Rent in the Downtown Boulder Neighborhood of Boulder, CO from $900 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Boulder area of Boulder.


701 Arapahoe

1725 18th St.

Gregory Creek Townhomes

The Walnut
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.

Glen Willow

Canyon Pointe

1603 Arapahoe Ave

1700 17th St

78 W Walnut St
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.

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 | $2,627 | $1,795 | $3,049 |
| Downtown Boulder 1 Bedroom Apartments | $3,242 | $1,550 | $3,850 |
| Downtown Boulder 2 Bedroom Apartments | $2,358 | $1,600 | $3,700 |
| Downtown Boulder 3 Bedroom Apartments | $1,958 | $1,847 | $2,205 |
| Downtown Boulder 4 Bedroom Apartments | $1,936 | $1,838 | $2,199 |
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
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 701 Arapahoe | 701 Arapahoe Ave Unit 205 | 1BR,1BA | $1,550 |
| oLiv Boulder | 4x3 TH C | 4BR,3BA | $1,838 |
Best Value Apartments for Rent in Downtown Boulder, CO
As of January 28, 2026 the best value apartment in the Downtown Boulder area is the $2.58 price per square foot 701 Arapahoe Ave Unit 205 Model at 701 Arapahoe in the in the Pearl Street Mall neighborhood starting from $1,550. The second greatest value Downtown Boulder apartment is the Murphy B Model at oLiv Boulder starting at $2,425 with a $7.39 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 | 701 Arapahoe Ave Unit 205 | 1BR,1BA | $2.58 |
| oLiv Boulder | Murphy B | Studio ,1BA | $7.39 |
Frequently Asked Questions about Cheap Downtown Boulder Apartments
What is a cheap apartment in Downtown Boulder?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Boulder is under $1,838.
What is the price of a cheap apartment in Downtown Boulder?
The cheapest apartment in Downtown Boulder is 701 Arapahoe which is listed at $1,550, while the average apartment in Downtown Boulder costs $3,349.
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 222 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 $2,380 which is $969 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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.