Cheap Apartments for Rent in the Colfax Neighborhood of Denver, CO from $400 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Colfax area of Denver.

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.

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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Parkview Lofts
Studio to 1 Bedroom Apartments

Parkview Lofts

2855 W 23rd AveDenver, CO 80211

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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Jefferson Park
Studio to 2 Bedroom Apartments

Jefferson Park

2733 W 23rd AveDenver, CO 80211
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Vesty Park Flats
1 to 3 Bedroom Apartments

Vesty Park Flats

3190 W 14th AveDenver, CO 80204
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Arroyo Village
1 to 3 Bedroom Apartments

Arroyo Village

1299 Knox CtDenver, CO 80204
Senior Living
  • Utilities Included
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Sierra Apartments
Studio to 1 Bedroom Apartments

Sierra Apartments

2418 Federal BlvdDenver, CO 80211
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The Sloan
Studio to 2 Bedroom Apartments

The Sloan

1590 Wolff StDenver, CO 80204

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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Meade
Studio to 1 Bedroom Apartments

Meade

1298 Meade StDenver, CO 80204
  • Utilities Included
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JP50 Apartments
1 Bedroom Apartments

JP50 Apartments

2426-2446 Clay StDenver, CO 80211
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Noco Flats
Studio to 2 Bedroom Apartments

Noco Flats

1525 Yates StDenver, CO 80204
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The Cottonwoods
1 to 2 Bedroom Apartments

The Cottonwoods

5100 W 8th AveDenver, CO 80204
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Keri Lynn Apartments
Studio to 1 Bedroom Apartments

Keri Lynn Apartments

5340 W 10th AveLakewood, CO 80214
  • Utilities Included

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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Edge Apartments
Studio to 1 Bedroom Apartments

Edge Apartments

5218-5220 W 25th AveEdgewater, CO 80214

Colfax, Denver, CO Local Guide

Cheapest Available Colfax Apartments for Rent

 

The cheapest available apartment rental in the Colfax area of Denver, CO is a Studio unit found at The Irving at Mile High Vista priced from $676. Alpine Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Colfax apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
The Irving at Mile High VistaStudioStudio,1BA$676
Alpine Flats1 Bedroom1BR,1BA$999
Turntable StudiosStudio / 1 BathStudio,1BA$1,065
The Roost Apartments0x1Studio,1BA$1,099
The Elements at Sloans LakeStudioStudio,1BA$1,158
Signalmen1 Bedroom / 1 Bath1BR,1BA$1,199
Axis West FlatsSTUDIO - 422Studio,1BA$1,225
1515 FlatsL1 - ColfaxStudio,1BA$1,229
The Sloan1x1 Classic1BR,1BA$1,240

Best Value Apartments for Rent in Colfax, CO

As of December 09, 2025 the best value apartment in the Colfax area is the $1.79 price per square foot Two Bed Two Bath Model at The Grove West in the in the Colfax neighborhood starting from $1,525. The second greatest value Colfax apartment is the 2x2 Model at Harley House starting at $1,850 with a $2.19 price per square foot in the Colfax neighborhood. Here is today’s list of the best values for Colfax apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove WestTwo Bed Two Bath2BR,1BA$1.79
Harley House2x22BR,2BA$2.19
Sheridan Station Apartments1 Bedroom1BR,1BA$1.96
Mile High Apartments at Sloan's LakeA1 - light floor1BR,1BA$2.37
TraverseA41BR,1BA$2.36
Flats at Sloan's Lake EastRenovated1BR,1BA$2.17
The Sloan1x1 Classic1BR,1BA$2.07
Flats at Sloan's Lake WestClassic1BR,1BA$2.07
The Irving at Mile High Vista1 - bed1BR,1BA$2.08
1005 Newton St, Unit 1001.51005 Newton St1BR,1BA$2.09

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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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
Colfax, Denver, CO

Ranked #107

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Colfax Apartments

What is a cheap apartment in Colfax?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Colfax is under $1,240.

What is the price of a cheap apartment in Colfax?

The cheapest apartment in Colfax is Alpine Flats which is listed at $999, while the average apartment in Colfax costs $2,897.

What types of apartments are the cheapest in Colfax?

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 51 regular apartments in Colfax 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 Colfax?

Cheap apartments in Colfax have an average cost of $237 which is $2,660 cheaper than the average rent for all rentals in Colfax.

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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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.

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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.