Cheap Apartments for Rent in the CBD Neighborhood of Denver, CO from $500 (197 Rentals)

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The Zell
Studio to 1 Bedroom Apartments

The Zell

1550 Sherman StDenver, CO 80203

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.

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property at 1960 Sherman St

$850 - $1,250

Studio To 1 Bedroom Rentals

Available Now

1960 Sherman St

DenverCO80203

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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Experience Life as a Local: The Insider's Guide to Renting in Denver

Explore Denver with a local! Discover historic neighborhoods like LoDo & Capitol Hill, top attractions, best dining spots, public transit, and fun things to do in the Mile High City.

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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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CBD, Denver, CO Local Guide

Cheapest Available CBD Apartments for Rent

 

The cheapest available apartment rental in the CBD area of Denver, CO is a Studio unit found at Palisade Apartments priced from $745. The Jefferson has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable CBD apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
Palisade ApartmentsStudioStudio,1BA$745
The JeffersonStudioStudio,1BA$799
The AdeleStudioStudio,1BA$805
The Denver BiltmoreStudioStudio,1BA$810
Lincoln HeightsStudioStudio,1BA$810
WinbroStudioStudio,1BA$815
The BarristerStudioStudio,1BA$815
1671 WashingtonStudioStudio,1BA$815
1651 WashingtonStudioStudio,1BA$820
Skylark ApartmentsStudioStudio,1BA$845

Best Value Apartments for Rent in CBD, CO

As of February 05, 2026 the best value apartment in the CBD area is the $1.41 price per square foot 2 Bedroom, 2.5 Bathroom Model at Washington Street Townhomes in the in the CBD neighborhood starting from $3,000. The second greatest value CBD apartment is the WELTON Model at The Apartments at Denver Place starting at $1,398 with a $1.41 price per square foot in the Lower Downtown Denver neighborhood. Here is today’s list of the best values for CBD apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Washington Street Townhomes2 Bedroom, 2.5 Bathroom2BR,2.5BA$1.41
The Apartments at Denver PlaceWELTON1BR,1BA$1.41
The Grant-Lee1 Bedroom, 1 Bath1BR,1BA$1.52
Logan Flats1 Bed 1 Bath1BR,1BA$1.53
Eugene Field1 Bedroom, 1 Bath1BR,1BA$1.61
The Birney Apartments1x1 The Central1BR,1BA$1.48
Auraria Lofts2BR/1BA - Broadmoor2BR,1BA$1.52
The Pearl1 Bedroom-Hardwood1BR,1BA$1.68
Lee Manor1 Bedroom-Hardwood1BR,1BA$1.69
The BarristerStudioStudio ,1BA$1.66

The Essential Guide to Denver Neighborhoods for Employees of Lockheed Martin, DIA, and Deloitte

Explore dynamic Denver neighborhoods like Ballpark, Five Points, and East Westminster. Find the perfect apartment with a great lifestyle and easy access to major employers and cultural hubs.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Student Renter's Ultimate Guide to Picking the Perfect Denver Neighborhood to Rent

Learn About the Best Neighborhoods to Rent Near College Campuses in Denver, CO | Find Denver Off-Campus Student Housing at ApartmentHomeLiving.com

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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.

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Pet Friendly Lifestyle
Cbd, Denver, CO

Ranked #14

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Cbd, Denver, CO

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Denver, Colorado. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, places to raise kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap CBD Apartments

What is a cheap apartment in CBD?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in CBD is under $845.

What is the price of a cheap apartment in CBD?

The cheapest apartment in CBD is The Birney Apartments which is listed at $850, while the average apartment in CBD costs $3,139.

What types of apartments are the cheapest in CBD?

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 287 regular apartments in CBD 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 CBD?

Cheap apartments in CBD have an average cost of $310 which is $2,829 cheaper than the average rent for all rentals in CBD.

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.

Helpful Local Expert Guides

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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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Your Guide to Picking the Perfect Denver Neighborhood for Student Renters

Written by: Marie McGinnis

Many dream of attending college in Denver. Nothing beats the big-city opportunities with close access to outdoor activities.

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The Essential Guide to Denver Neighborhoods for Employees of Lockheed Martin, DIA, and Deloitte

Written by: Marie McGinnis

Denver is a bustling city with a strong economy, numerous outdoor activities, and a robust cultural scene.

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Experience Life as a Local: The Insider's Guide to Renting in Denver

Written by: Marie McGinnis

Nothing beats the fresh Colorado air and numerous sunny days. In Denver, nature meets big city living, and there is no shortage of things to do. Hi, I'm Marie, your ApartmentHomeLiving.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.