Cheap Apartments for Rent by Owner in Denver, CO from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Denver.

1289 W Custer Pl, Unit 1289 W Custer Place
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.

1524 Jasmine St, Unit 4

2918 N Marion St, Unit 4

4105 W 75th Ave, Unit Studio

3915 Ingalls St, Unit 3915 Ingalls St

8932 W 81st Ln, Unit Basement Apartment
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.

1430 Boston St, Unit 1432B

4760 S Wadsworth Blvd, Unit D207

15401 East Temple Place, Unit Temple Place

10251 W 44th Ave, Unit #7-208
Denver, CO Local Guide

How much does it cost to rent an apartment in Denver?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Denver Studio Apartments | $1,658 | $525 | $7,039 |
Denver 1 Bedroom Apartments | $1,958 | $600 | $10,000+ |
Denver 2 Bedroom Apartments | $2,559 | $600 | $10,000+ |
Denver 3 Bedroom Apartments | $3,350 | $600 | $10,000+ |
Denver 4 Bedroom Apartments | $3,127 | $1,000 | $7,000 |
Denver 5 Bedroom Apartments | $3,495 | $2,845 | $6,000 |
Explore Denver

Denver, CO Local Guide
- Denver Neighborhoods
- Nearby Cities
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- Local Counties
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Quick 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.
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
Marie
February 25, 2025If 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 $885.
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 $3,259.
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 13,693 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 $451 which is $2,808 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.

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.

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.

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.

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.