Cheap Apartments for Rent in the Downtown Denver Neighborhood of Denver, CO from $500 (567 Rentals)

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

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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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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20 S. Pearl Street
Studio to 1 Bedroom Apartments

20 S. Pearl Street

20 S Pearl StDenver, CO 80209

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Downtown Denver - One of the Best Affordable Neighborhoods in Denver

Named as one of the Best Affordable Neighborhoods to rent in Denver, CO by our Denver, CO Local Expert Marie McGinnis. See how it ranks!

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Downtown Denver, Denver, CO Local Guide

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 Haler Apartments priced from $795. Winbro has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable Downtown Denver apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
Haler ApartmentsHaler StudioStudio,1BA$795
WinbroStudioStudio,1BA$845
X DenverCOLIVING Suites in 4 BR/4BA - 1AStudio,1BA$859
Capitol Square Apartments2 Beds, 2 baths2BR,2BA$880
Palisade ApartmentsStudioStudio,1BA$880
Cross ApartmentsStudio BStudio,1BA$895
1671 WashingtonStudioStudio,1BA$945
Governor's Park WestStudiosStudio,1BA$945
Grosvenor Arms ApartmentsStudioStudio,1BA$950
The LeetoniaStudioStudio,1BA$950

Best Value Apartments for Rent in Downtown Denver, CO

As of June 05, 2025 the best value apartment in the Downtown Denver area is the $0.80 price per square foot C1 Model at Villas in the in the Five Points neighborhood starting from $960. The second greatest value Downtown Denver apartment is the 4BR/2BA - Corner Model at Auraria Lofts starting at $900 with a $0.90 price per square foot in the Lower Downtown Denver neighborhood. Here is today’s list of the best values for Downtown Denver apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
VillasC13BR,3BA$0.80
Auraria Lofts4BR/2BA - Corner4BR,2BA$0.90
1289 W Custer Pl, Unit 1289 W Custer Place1289 W Custer Pl1BR,1BA$1.36
1200 Colorado2 Bedroom2BR,1BA$1.57
The Wolcott1x11BR,1BA$1.45
Redi High Street1 BR 1 B1BR,1BA$1.29
Park Point1X11BR,1BA$1.58
The Villages at Curtis Park1 Bed, 1 bath1BR,1BA$1.60
Milagros Apartments1X11BR,1BA$1.62
Lafayette Gardens1330 Lafayette Street Denver1BR,1BA$1.62

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Denver, Denver, CO

Ranked #1

Among neighborhoods in Denver, CO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $950.

What is the price of a cheap apartment in Downtown Denver?

The cheapest apartment in Downtown Denver is 1431 Pearl St which is listed at $995, while the average apartment in Downtown Denver costs $3,375.

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 218 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 $833 which is $2,542 cheaper than the average rent for all rentals in Downtown 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 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.

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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.

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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.