
Cheap Apartments for Rent in the Downtown Denver Neighborhood of Denver, CO from $500 (693 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Denver area of Denver.


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The Jefferson

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At the River

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The Quayle

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The Adele

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Grant Place

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Capitol Square Apartments

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Park Hill Station

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The Barrister

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Winbro
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1442 N Humboldt St, Unit 7

The Raleigh

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Robert Frost

Governor's Park West

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The Detroit

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20 S. Pearl Street

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Kenilworth Court

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Belmore Apartments

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The Glenwood

Grosvenor Arms Apartments
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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1651 Washington

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The Lafayette

X Denver

1138 Corona St

1138 Corona St

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Lincoln Heights

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Emily Dickinson

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Nathaniel Hawthorne

1329 N Grant St

1450 N Clarkson St
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.

Fountainhead Apartments

At the Parc

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1200 Colorado

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The Franklin Roosevelt Apartments

1431 Pearl St

1431 N Pearl St

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Tamai Tower at Sakura Square

1140 N Downing St

Candlewood Apartments

Corona Manor
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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Peak 54

Camelot Apartments

234 Logan Apartments

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The Bethana Apartments

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WestEnd

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The Powderhorn Apartments

1469 N Williams St

1601 Colorado

Flats on 29th

Briarwood Apartment Homes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,659 | $749 | $7,418 |
| Downtown Denver 1 Bedroom Apartments | $2,150 | $809 | $10,000+ |
| Downtown Denver 2 Bedroom Apartments | $3,062 | $972 | $10,000+ |
| Downtown Denver 3 Bedroom Apartments | $3,640 | $966 | $10,000+ |
| Downtown Denver 4 Bedroom Apartments | $2,386 | $840 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 693 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 The Jack Kerouac priced from $664. The Crest has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Downtown Denver apartments for rent in Denver, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Jack Kerouac | Studio | Studio,1BA | $664 |
| The Crest | Studio | Studio,1BA | $699 |
| Palisade Apartments | Studio | Studio,1BA | $755 |
| Skylark Apartments | Studio | Studio,1BA | $774 |
| The Jefferson | Studio | Studio,1BA | $793 |
| The Quayle | Studio-Sterner | Studio,1BA | $800 |
| The Adele | Studio | Studio,1BA | $805 |
| Grant Place | 1 Bedroom | 1BR,1BA | $809 |
| Harcourt Arms | Studio | Studio,1BA | $814 |
| The Mariner | Studio | Studio,1BA | $829 |
Best Value Apartments for Rent in Downtown Denver, CO
As of July 01, 2026 the best value apartment in the Downtown Denver area is the $1.05 price per square foot 2 bedroom, 2 bath Model at Larimer 35 in the in the Five Points neighborhood starting from $2,134. The second greatest value Downtown Denver apartment is the 3 Beds, 1 Baths Model at 2880 Harrison St starting at $2,195 with a $1.29 price per square foot in the Skyland 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. |
|---|---|---|---|
| Larimer 35 | 2 bedroom, 2 bath | 2BR,2BA | $1.05 |
| 2880 Harrison St | 3 Beds, 1 Baths | 3BR,1BA | $1.29 |
| 1330 S Grant St, Unit Attic | 1330 S Grant St | 1BR,1BA | $0.80 |
| Villas | 3 Bedroom 3 Bathroom | 3BR,3BA | $0.81 |
| 1289 W Custer Pl, Unit 1289 W Custer Place | 1289 W Custer Pl | 1BR,1BA | $1.10 |
| The Kentom | One Bedroom Plus | 1BR,1BA | $1.06 |
| Redi High Street | 1 BR 1 B | 1BR,1BA | $1.29 |
| The Grant-Lee | 1 Bedroom, 1 Bath | 1BR,1BA | $1.47 |
| Concord House | 1 Bedroom, 1 Bath | 1BR,1BA | $1.41 |
| The Birney Apartments | 1x1 The Central | 1BR,1BA | $1.48 |
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.
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
Greenlee Elementary School
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 $829.
What is the price of a cheap apartment in Downtown Denver?
The cheapest apartment in Downtown Denver is Grant Place which is listed at $809, while the average apartment in Downtown Denver costs $3,032.
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 244 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 $296 which is $2,736 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.