Cheap Apartments for Rent in Denver, IN from $500 (42 Rentals)

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

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.

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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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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.

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Holly Apartments
1 Bedroom Apartments

Holly Apartments

1826 S Goyer RdKokomo, IN 46902
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Indigo
1 Bedroom Apartments

Indigo

532 W Mulberry StKokomo, IN 46901

Navigating 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.

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Denver, IN Local Guide

Cheapest Available Denver Apartments for Rent and Nearby

 

The cheapest available apartment rental in Denver, IN is a Studio unit found at Walnut Manor priced from $650. BECKFORD PLACE APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Denver apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Walnut Manor$350 OFF MOVE IN COSTS! INQUIRE TODAY! Quiet an...Studio,1BA$650
BECKFORD PLACE APARTMENTSApartment 1bd1BR,1BA$675
Turtle Creek KokomoSpringStudio,1BA$685
Turtle Creek ApartmentsStudioStudio,1BA$695
2930 Albright1 Bed1BR,1BA$695
Pechewa PlaceUpstairs 1 Bedroom1BR,1BA$699
Lincolnwood Apartments1BR/1BA1BR,1BA$700
Somerset ApartmentsOne Bedroom1BR,1BA$709
First Flats1bed/1bath Non-Renovated1BR,1BA$750
The Macy ApartmentsStudio Unfurnished/FurnishedStudio,1BA$750

Best Value Apartments for Rent in Denver, IN and Nearby

As of July 29, 2025 the best value apartment in the Denver area is the $1.18 price per square foot 2B2B SENIOR Model at Wabash River Commons in the starting from $1,145. The second greatest value Denver apartment is the 2 Bedroom Unit Model at Brentwood Greene starting at $1,065 with a $1.17 price per square foot . Here is today’s list of the best values for Denver apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wabash River Commons2B2B SENIOR2BR,2BA$1.18
Brentwood Greene2 Bedroom Unit2BR,1BA$1.17
MAPLE CREST2x1AUp2BR,1BA$1.08
JEFFERSON CROSSING2 Bedroom 1 Bathroom - Townhome2BR,1BA$1.07
Carter West Apartments & Townhouses2bed/1bath Partially Renovated2BR,1BA$1.18
Somerset ApartmentsOne Bedroom1BR,1BA$0.98
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.70
Bradford Run ApartmentsRedbud1BR,1BA$1.15
MILLSTONE APARTMENTS1 bedroom1BR,1BA$1.12
2930 Albright1 Bed1BR,1BA$1.16

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

Explore Denver, IN Rentals by Map

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Getting Around Denver, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Denver Apartments

What is the Cheapest Studio apartment in Denver?

Currently the most affordable Cheap Studio Apartment in Denver is at Walnut Manor listed at $650.

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

The lowest price for a Cheap One Bedroom Denver Apartment is $675 at BECKFORD PLACE APARTMENTS.

What is the lowest price for a Cheap Two Bedroom Denver Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Denver is starting from $790 at Lincolnwood Apartments.

What is the most affordable Denver Three Bedroom Apartment?

The best deal on a cheap Denver Three Bedroom Apartment rental is at JEFFERSON CROSSING and starts from $1,045.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.