
Cheap Apartments for Rent in the Downtown Denver Neighborhood of Denver, CO from $500 (621 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Denver area of Denver.


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1330 S Grant St

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Capitol Square Apartments

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Palisade Apartments

Shoshone Senior Residences

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Winbro

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Lincoln Heights

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1651 Washington

At the River

135 W Irvington Pl
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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The Adele

X Denver

1601 Colorado

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Grant Place

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The Emery

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1451 Detroit

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The Profile

Grosvenor Arms Apartments

Corona Manor

3016 N Downing St
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.

The Kentom

2141 Lafayette St

1464 N Elizabeth St

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El Cortez

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1671 Washington

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The Crest

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Tamai Tower at Sakura Square

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60 South

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1 South Washington

At the Parc
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.

1685 N Colorado Blvd

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Residences at Capitol Heights

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The Lafayette

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The Franklin Roosevelt Apartments

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The Capri Apartments

1138 Corona St

1138 Corona St

1425 N Washington St

1431 N Pearl St

1431 Pearl St
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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The Houston

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The Quayle

Camelot Apartments

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The Hooper

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20 S. Pearl Street

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1520 S Albion

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Peak 54

1066 N Clarkson St

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Courtyard on Vine

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South Washington St
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.
Downtown Denver, Denver, CO Local Guide

How much does it cost to rent an apartment in Downtown Denver?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Denver Studio Apartments | $1,632 | $750 | $5,931 |
| Downtown Denver 1 Bedroom Apartments | $2,089 | $695 | $8,625 |
| Downtown Denver 2 Bedroom Apartments | $2,964 | $854 | $10,000+ |
| Downtown Denver 3 Bedroom Apartments | $3,959 | $952 | $10,000+ |
| Downtown Denver 4 Bedroom Apartments | $2,053 | $850 | $5,740 |
Browse Apartments in this Neighborhood
There are currently 621 rentals with your search options within a 2 mile radius of the Downtown Denver Neighborhood of Denver, CO.
See all Apartments in DenverExplore Denver
Downtown Denver, Denver, CO Local Guide
- Nearby Denver neighborhoods
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Cheapest Available Downtown Denver Apartments for Rent
 The cheapest available apartment rental in the Downtown Denver area of Denver, CO is a Studio unit found at Palisade Apartments priced from $750. The Anglesey has the second lowest priced unit, which is a Studio apartment currently listed from $774. Here are the most affordable Downtown Denver apartments for rent in Denver, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Palisade Apartments | Studio | Studio,1BA | $750 |
| The Anglesey | Studio | Studio,1BA | $774 |
| Shoshone Senior Residences | 1 Bedroom 1 Bath | 1BR,1BA | $788 |
| Winbro | Studio | Studio,1BA | $789 |
| The Jefferson | Studio | Studio,1BA | $789 |
| The Jack Kerouac | Studio | Studio,1BA | $789 |
| Skylark Apartments | Studio | Studio,1BA | $794 |
| Lincoln Heights | Studio | Studio,1BA | $794 |
| At the River | Studio | Studio,1BA | $795 |
| The Adele | Studio | Studio,1BA | $805 |
Best Value Apartments for Rent in Downtown Denver, CO
As of March 31, 2026 the best value apartment in the Downtown Denver area is the $0.81 price per square foot 3 Bedroom 3 Bathroom Model at Villas in the in the Five Points neighborhood starting from $966. The second greatest value Downtown Denver apartment is the 2X1 Model at Park Point starting at $1,389 with a $1.54 price per square foot in the Country Club neighborhood. Here is today’s list of the best values for Downtown Denver apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas | 3 Bedroom 3 Bathroom | 3BR,3BA | $0.81 |
| Park Point | 2X1 | 2BR,1BA | $1.54 |
| Vida Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.57 |
| Redi High Street | 1 BR 1 B | 1BR,1BA | $1.29 |
| Shoshone Senior Residences | 2 Bedroom 2 Bath | 2BR,2BA | $1.50 |
| The Grant-Lee | 1 Bedroom, 1 Bath | 1BR,1BA | $1.46 |
| Cheesman Arms | 1 Bedroom, 1 Bath | 1BR,1BA | $1.53 |
| The Kentom | One Bedroom | 1BR,1BA | $1.40 |
| The Birney Apartments | 1x1 The Central | 1BR,1BA | $1.48 |
| 1601 Colorado | 1 Bedroom (B) | 1BR,1BA | $1.55 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleThe 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
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Denver, Denver, CO
Ranked #1
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Denver, Denver, CO
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Colorado and customized analysis for Central Denver, CO. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Denver Apartments
What is a cheap apartment in Downtown Denver?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Denver is under $805.
What is the price of a cheap apartment in Downtown Denver?
The cheapest apartment in Downtown Denver is Shoshone Senior Residences which is listed at $788, while the average apartment in Downtown Denver costs $3,130.
What types of apartments are the cheapest in Downtown 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 400 regular apartments in Downtown 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 Downtown Denver?
Cheap apartments in Downtown Denver have an average cost of $300 which is $2,830 cheaper than the average rent for all rentals in Downtown Denver.
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

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.

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.

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.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.

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.