Cheap Apartments for Rent in the Downtown Denver Neighborhood of Denver, CO from $500 (656 Rentals)

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

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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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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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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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property at 1960 Sherman St

1960 Sherman St

DenverCO80203

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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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
1671 WashingtonStudioStudio,1BA$805
WinbroStudioStudio,1BA$815
The AmbassadorStudioStudio,1BA$820
The VerseUpdated Studio ApartmentStudio,1BA$825
The Tiffany0BR/1.0BAStudio,1BA$825

Best Value Apartments for Rent in Downtown Denver, CO

As of November 15, 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

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
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.