
Cheap Apartments for Rent near Denver, IN from $349 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Denver.


Apperson Way Apartments

MAPLE CREST

Walnut Manor

1302 W Sycamore St

Turtle Creek Apartments

Green Town Apartments

Turtle Creek Kokomo
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.

Somerset Apartments

Pechewa Place

Pine Manor Apartments

First Flats

Georgetown Apartments

Kingston Green Apartments

Hilltop Ridge

Carter West Apartments & Townhouses
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.

Ashbury Apartments

Winding Brook Apartments

The Macy Apartments

Sycamore Apartments

Bradford Run Apartments

494 N Wabash St

Wabash River Commons

Brentwood Greene
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

801 S Buckeye St

1218 E Broadway

Beckford Place

2930 Albright

Lincolnwood Apartments

Welcome to Somerset Village!

900 North Street

1912 N Apperson Way
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.

831 S Webster St

Holly Apartments

532 W Mulberry St

Estates At Eagle's Pointe

701 E Walnut St

837 S Armstrong St

Imperial Apartments

Millstone Apartments
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.

1005 N Lincoln St

2501 N Apperson Way
Denver, IN Local Guide

How much does it cost to rent an apartment in Denver?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Denver Studio Apartments | $835 | $675 | $1,275 |
| Denver 1 Bedroom Apartments | $1,152 | $349 | $1,600 |
| Denver 2 Bedroom Apartments | $1,229 | $425 | $2,450 |
| Denver 3 Bedroom Apartments | $1,148 | $490 | $1,695 |
| Denver 4 Bedroom Apartments | $499 | $499 | $499 |
Browse Top Apartments in Denver
See all Apartments in DenverExplore Denver
Denver, IN Local Guide
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Cheapest Available Denver Apartments for Rent and Nearby
 The cheapest available apartment rental in Denver, IN is a 1 Bed unit found at Chamberlain House priced from $349. Apperson Way Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $398. Here is today’s list of the most affordable Denver apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chamberlain House | 1 bedroom | 1BR,1BA | $349 |
| Apperson Way Apartments | 1 Bedroom | 1BR,1BA | $398 |
| The Annex of Kokomo | 3 bed 3 Bath | 3BR,3BA | $490 |
| Walnut Manor | STUDIO | Studio,1BA | $650 |
| Green Town Apartments | One Bd rm | 1BR,1BA | $700 |
| Turtle Creek Kokomo | Spring | Studio,1BA | $715 |
| Somerset Apartments | One Bedroom | 1BR,1BA | $722 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
| Kingston Green Apartments | 1 BEDROOM G | 1BR,1BA | $800 |
| First Flats | 1bd/1bath Partially Renovated | 1BR,1BA | $800 |
Best Value Apartments for Rent in Denver, IN and Nearby
As of August 27, 2026 the best value apartment in the Denver area is the $1.17 price per square foot 3 Bedroom Townhomes Model at Apperson Way Apartments in the starting from $1,227. The second greatest value Denver apartment is the 3 Bed 1 bath Model at Hilltop Ridge starting at $1,019 with a $1.01 price per square foot . Here is today’s list of the best values for Denver apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apperson Way Apartments | 3 Bedroom Townhomes | 3BR,2BA | $1.17 |
| Hilltop Ridge | 3 Bed 1 bath | 3BR,1BA | $1.01 |
| Timbernest Town Homes | 2 Bed, 1.5 Ba Partially Renovated | 2BR,1.5BA | $1.24 |
| Lakeland Villa Apartments | 2x1 | 2BR,1BA | $1.24 |
| Chamberlain House | 2 bedroom | 2BR,1BA | $0.48 |
| Georgetown Apartments | 2BR/1.0BA | 2BR,1BA | $1.09 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.91 |
| Ashbury Apartments | 1 Bedroom - 2nd Floor | 1BR,1BA | $1.19 |
| Somerset Apartments | One Bedroom | 1BR,1BA | $1.05 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $1.22 |
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.
Read ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Denver, IN Rentals by Map
See the most popular apartments and homes in Denver, IN
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 $349 at Chamberlain House.
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 $425 at Chamberlain House.
What is the most affordable Denver Three Bedroom Apartment?
The best deal on a cheap Denver Three Bedroom Apartment rental is at The Annex of Kokomo and starts from $490.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.