Cheap Apartments for Rent in the Downtown Denver Neighborhood of Denver, CO from $500 (657 Rentals)

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

property at 1960 Sherman St

1960 Sherman St

DenverCO80203
Showing Results 1-50, Page 1 of 14

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 Vina Apartments priced from $695. Palisade Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Downtown Denver apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
Vina ApartmentsStudioStudio,1BA$695
Palisade ApartmentsStudioStudio,1BA$765
Shoshone Senior Residences1 Bedroom 1 Bath1BR,1BA$788
At the RiverStudioStudio,1BA$795
Kelsey Hill0BR/1.0BAStudio,1BA$799
1671 WashingtonStudioStudio,1BA$805
WinbroStudioStudio,1BA$815
The AmbassadorStudioStudio,1BA$820
The VerseUpdated Studio ApartmentStudio,1BA$825

Best Value Apartments for Rent in Downtown Denver, CO

As of November 16, 2025 the best value apartment in the Downtown Denver area is the $1.38 price per square foot 3 Bedroom, 2.5 Bath Model at Ballpark Townhomes in the in the Lower Downtown Denver neighborhood starting from $2,875. The second greatest value Downtown Denver apartment is the 1621 York St Model at 1621 York St, Unit 1 starting at $1,595 with a $1.45 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ballpark Townhomes3 Bedroom, 2.5 Bath3BR,2.5BA$1.38
1621 York St, Unit 11621 York St1BR,1BA$1.45
The Harwood2 Bed, 1 Bath2BR,1BA$1.47
1200 Colorado2 Bedroom2BR,1BA$1.50
The Ogden Arms at 945 Ogden2BR/1.0BA2BR,1BA$1.40
Redi High Street1 BR 1 B1BR,1BA$1.29
Shoshone Senior Residences2 Bedroom 2 Bath2BR,2BA$1.50
1460 S Ash St1460 S Ash St2BR,1BA$1.50
Vida Apartments1 Bedroom, 1 Bath1BR,1BA$1.47
Park Point1X11BR,1BA$1.50

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Pet Friendly Lifestyle
Downtown Denver, Denver, CO

Ranked #1

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
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 $825.

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 $4,745.

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 512 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 $594 which is $4,151 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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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.