Cheap Apartments for Rent in Denver, CO from $500 (1,883 Rentals)

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Denver, CO Local Guide

Photo of Trey Huguley - Director, Product Marketing
Written By:
Trey Huguley
Director, Product Marketing

Cheapest Neighborhoods for Apartments in Denver, CO

Pricing Updated: 11/18/2025

Current apartment rentals in the Denver, CO area range in price from $525 to $27,050 with an overall median price of $3,009. The three Denver neighborhoods with the lowest median rent pricing are Whittier at $1,050, Walnut Grove at $949, and Fort Logan at $1,000. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Denver Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Whittier$1,149$1,0502
Walnut Grove$1,399$94919
Fort Logan$1,550$1,00055
Brookside$1,650$99510
Fruitdale$1,750$99511
Ruby Hill$1,795$7957
Barths$1,875$99541
Bel Aire$1,895$99520
Edgewood$1,909$944179
Vicca Park$1,920$99957

Cheapest Available Denver Apartments for Rent

 

The cheapest available apartment rental in Denver, CO is a 1 Bed unit found at Monaco Lakes in the Southeast Denver neighborhood priced from $109. Vina Apartments in the Skyland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Denver apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monaco LakesOnyx1BR,1BA$109
Vina ApartmentsStudioStudio,1BA$695
Tailwind 1StudioStudio,1BA$749
Palisade ApartmentsStudioStudio,1BA$765
Caraway Apartments1 Bedroom1BR,1BA$788
Shoshone Senior Residences1 Bedroom 1 Bath1BR,1BA$788
At the RiverStudioStudio,1BA$795
The Stapleton ApartmentsStudio Apartment AStudio,1BA$795
Montego Flats1 Bed1BR,1BA$799
Kelsey Hill0BR/1.0BAStudio,1BA$799

Best Value Apartments for Rent in Denver, CO

As of November 18, 2025 the best value apartment in the Denver area is the $1.26 price per square foot 3250 Jasmine St Model at 3250 Jasmine St, Unit B in the in the Skyland neighborhood starting from $1,950. The second greatest value Denver apartment is the 3x2 Model at Allison Pointe starting at $1,336 with a $1.29 price per square foot in the Water Tower Village neighborhood. 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.
3250 Jasmine St, Unit B3250 Jasmine St2BR,2BA$1.26
Allison Pointe3x23BR,2BA$1.29
Redi High Street1 BR 1 B1BR,1BA$1.29
Avenida Del SolB12BR,1BA$1.02
University Lofts2BR/1BA2BR,1BA$1.27
Newark Apartments1BR/1.0BA1BR,1BA$1.28
Terrace ParkThe Cottonwood1BR,1BA$1.22
The Kimberly Apartments0x1Studio ,1BA$1.33
Caraway Apartments1 Bedroom1BR,1BA$1.13
Concord House1 Bedroom, 1 Bath1BR,1BA$1.30

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Denver Overview

Denver is the capital and the largest city in the state of Colorado. Known as the Mile-High City, because its elevation is exactly one mile above sea level, Denver is situated in north central Colorado. The city is surrounded by the Rocky Mountains to the west, and the High Plains to the east. This picturesque city has a population of nearly 700,000, and was listed as the No. 1 best place to live by US News & World Reports in 2016.

Why live in Denver, CO?

Denver is not only beautiful year-round, it also offers visitors and residents lots to do. The city is a mecca for sports fans being the home to all categories of major professional sports teams. The Broncos, Avalanche, Nuggets, and Rockies cover football, hockey, basketball, and baseball, so there is no shortage of teams to get out of your Denver apartment and root for. Additionally, Denver has much to offer, including family fun, outdoor activities, art and culture and history.

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

Explore Denver, CO Rentals by Map

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See the most popular apartments and homes in Denver, CO

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Getting Around Denver, CO

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

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.

Denver, CO Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Marie

February 25, 2025

If you love sunshine and beautiful outdoor spaces, consider Denver. Parks dot the city and it's a short drive to amazing hiking, biking, rafting, kayaking, and fly fishing. There is always something to do in Denver, from professional sports to comedians to shows on the stage. In addition, you can find delicious restauarants and each area has its own unique vibe. Visit different areas and see which one fits with your own unique personality. Get around by car or utilize the city's light rail or bus sytem. If you want to live without a car, that's possible in Denver. You can make this city what you want.

Frequently Asked Questions about Cheap Denver Apartments

What is a cheap apartment in Denver?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Denver is under $799.

What is the price of a cheap apartment in Denver?

The cheapest apartment in Denver is Avenida Del Sol which is listed at $698, while the average apartment in Denver costs $3,009.

What types of apartments are the cheapest in Denver?

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 24,008 regular apartments in Denver 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 Denver?

Cheap apartments in Denver have an average cost of $405 which is $2,604 cheaper than the average rent for all rentals in Denver.

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.