Cheap Apartments for Rent in the Downtown Denver Neighborhood of Denver, CO from $500 (605 Rentals)

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

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property at 1960 Sherman St

1960 Sherman St

DenverCO80203

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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 Vina Apartments priced from $695. Palisade Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $735. 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$735
The Tiffany0BR/1.0BAStudio,1BA$750
1671 WashingtonStudioStudio,1BA$780
Shoshone Senior Residences1 Bedroom 1 Bath1BR,1BA$788
Marianne ApartmentsStudioStudio,1BA$795
Flats at Mississippi0BR/1.0BAStudio,1BA$799
1630 PennsylvaniaStudioStudio,1BA$845
WinbroStudioStudio,1BA$845
The ZellStudioStudio,1BA$870

Best Value Apartments for Rent in Downtown Denver, CO

As of September 12, 2025 the best value apartment in the Downtown Denver area is the $1.47 price per square foot 1434 York St Model at 1434 York St, Unit A in the in the Cheesman Park neighborhood starting from $2,200. The second greatest value Downtown Denver apartment is the 2 Bedroom Model at 787 Corona starting at $1,780 with a $1.61 price per square foot in the Capitol Hill 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.
1434 York St, Unit A1434 York St3BR,1BA$1.47
787 Corona2 Bedroom2BR,1BA$1.61
Mullen Mansion2 Bedroom2BR,1BA$1.50
200 W Irvington Pl, Unit C200 W Irvington Pl1BR,1BA$1.50
1200 Colorado2 Bedroom2BR,1BA$1.51
Redi High Street1 BR 1 B1BR,1BA$1.29
The Villages at Curtis Park1 Bed, 1 bath1BR,1BA$1.60
Lafayette Gardens1330 Lafayette Street Denver1BR,1BA$1.62
Concord House1 Bedroom, 1 Bath1BR,1BA$1.59
Flats at Mississippi0BR/1.0BAStudio ,1BA$1.60

Quick Rent Budget Calculator

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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
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 $870.

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

The cheapest apartment in Downtown Denver is Flats at Mississippi which is listed at $899, while the average apartment in Downtown Denver costs $3,012.

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 275 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 $684 which is $2,328 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 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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.