Cheap Apartments for Rent in Denver, CO from $500 (1,709 Rentals)

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Denver, CO Local Guide

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Written By:
Trey Huguley
Director, Product Marketing

Cheapest Neighborhoods for Apartments in Denver, CO

Pricing Updated: 07/31/2025

Current apartment rentals in the Denver, CO area range in price from $525 to $21,059 with an overall median price of $3,049. The three Denver neighborhoods with the lowest median rent pricing are Fairview at $600, Florado at $600, and Washington Virginia Vale at $978. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Denver Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fairview$1,530$60056
Florado$1,531$60053
Washington Virginia Vale$1,550$978172
Bel Aire$1,795$1,05526
Brookside$1,795$1,05517
Quail Ridge Estates$1,795$1,05561
Whittier$1,799$1,0503
Fruitdale$1,800$1,05517
Barths$1,903$1,14916
Edgewood$1,913$733129

Cheapest Available Denver Apartments for Rent

 

The cheapest available apartment rental in Denver, CO is a 1 Bed unit found at University Station Senior in the Belcaro neighborhood priced from $733. Los Altos in the Sable Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here is today’s list of the most affordable Denver apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Station SeniorSuite J1BR,1BA$733
Los AltosStudioStudio,1BA$735
WinbroStudioStudio,1BA$845
1671 WashingtonStudioStudio,1BA$865
Palisade ApartmentsStudioStudio,1BA$870
Capitol Square Apartments2 Beds, 2 baths2BR,2BA$880
Mansard Square Apartments1X11BR,1BA$885
The Stapleton ApartmentsStudio Apartment BStudio,1BA$885
Flats at Mississippi0 Bed 1 BathStudio,1BA$886
Ascent at FitzsimonsStudio RenovatedStudio,1BA$886

Best Value Apartments for Rent in Denver, CO

As of July 31, 2025 the best value apartment in the Denver area is the $0.97 price per square foot 733 Harlan St Model at 733 Harlan St in the in the North Alameda neighborhood starting from $2,500. The second greatest value Denver apartment is the 2 bedroom, 2 bath Model at Larimer 35 starting at $2,325 with a $1.15 price per square foot in the Five Points 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.
733 Harlan St733 Harlan St3BR,2.5BA$0.97
Larimer 352 bedroom, 2 bath2BR,2BA$1.15
Villas at Stone Trace3 Bedroom/2 Bath (D)3BR,2BA$1.35
Allison Pointe3x23BR,2BA$1.29
3650 Upham St2x12BR,1BA$1.36
Redi High Street1 BR 1 B1BR,1BA$1.29
Newark Apartments1BR/1.0BA1BR,1BA$1.21
Terrace ParkThe Cottonwood1BR,1BA$1.22
The Kimberly Apartments0x1Studio ,1BA$1.39
University Station SeniorSuite J1BR,1BA$1.33

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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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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 $886.

What is the price of a cheap apartment in Denver?

The cheapest apartment in Denver is University Station Senior which is listed at $733, while the average apartment in Denver costs $3,049.

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 15,133 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 $397 which is $2,652 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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.