
Cheap Apartments for Rent in the Downtown Denver Neighborhood of Denver, CO from $500 (698 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Denver area of Denver.


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Capitol Square Apartments

1425 N Washington St

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Aperture Apartments

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The Mariner

Rocket Apartments

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Winbro

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The Jefferson

At the River

1145 S Quivas St
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.

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The Adele

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Grant Place

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Park Hill Station

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Lincoln Heights

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The Quayle

X Denver

1030 N Pearl St

1469 N Williams St

1442 N Humboldt St, Unit 7

1601 Colorado
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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The Emery

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1451 Detroit

1275 Detroit St

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The Profile

Grosvenor Arms Apartments

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Belmore Apartments

1685 N Colorado Blvd

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1651 Washington

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South Washington St

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El Cortez
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.

The Kentom

1329 N Grant St

Fountainhead Apartments

1138 Corona St

1138 Corona St

At the Parc

Pearl Apartments

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The Lafayette

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Emily Dickinson

1431 Pearl St
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.

1431 N Pearl St

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The Houston

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Robert Frost

285 S Lincoln

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Nexus @ Downing

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Kenilworth Court

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Tamai Tower at Sakura Square

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Peak 54

234 Logan Apartments

Corona Manor
Making It Work in the Mile High City: Your Essential Guide to Denver's Living Costs
Planning a move to Denver? See the exact monthly costs for singles and families, along with essential advice on finding affordable rentals and cutting utility bills.
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 | $1,615 | $695 | $7,369 |
| Downtown Denver 1 Bedroom Apartments | $2,115 | $733 | $10,000+ |
| Downtown Denver 2 Bedroom Apartments | $2,996 | $880 | $10,000+ |
| Downtown Denver 3 Bedroom Apartments | $3,816 | $966 | $10,000+ |
| Downtown Denver 4 Bedroom Apartments | $2,100 | $850 | $4,108 |
Browse Apartments in this Neighborhood
There are currently 698 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 Vina Apartments priced from $695. The Crest has the second lowest priced unit, which is a Studio apartment currently listed from $744. Here are the most affordable Downtown Denver apartments for rent in Denver, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vina Apartments | Studio | Studio,1BA | $695 |
| The Crest | Studio | Studio,1BA | $744 |
| Aperture Apartments | Studio | Studio,1BA | $754 |
| The Mariner | Studio | Studio,1BA | $754 |
| Rocket Apartments | Studio | Studio,1BA | $755 |
| The Jefferson | Studio | Studio,1BA | $789 |
| Winbro | Studio | Studio,1BA | $789 |
| 1027 Washington Street | Studio | Studio,1BA | $794 |
| Skylark Apartments | Studio | Studio,1BA | $794 |
| At the River | Studio | Studio,1BA | $795 |
Best Value Apartments for Rent in Downtown Denver, CO
As of May 17, 2026 the best value apartment in the Downtown Denver area is the $0.86 price per square foot 1330 S Grant St Model at 1330 S Grant St, Unit Attic in the in the Country Club neighborhood starting from $1,290. The second greatest value Downtown Denver apartment is the 3 Bedroom 3 Bathroom Model at Villas starting at $966 with a $0.81 price per square foot in the Five Points 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. |
|---|---|---|---|
| 1330 S Grant St, Unit Attic | 1330 S Grant St | 1BR,1BA | $0.86 |
| Villas | 3 Bedroom 3 Bathroom | 3BR,3BA | $0.81 |
| 1143 Logan St | 2bed 1 bath | 2BR,1BA | $1.46 |
| Redi High Street | 1 BR 1 B | 1BR,1BA | $1.29 |
| The Grant-Lee | 1 Bedroom, 1 Bath | 1BR,1BA | $1.39 |
| Park Point | 1X1 | 1BR,1BA | $1.36 |
| Concord House | 1 Bedroom, 1 Bath | 1BR,1BA | $1.48 |
| Pearl Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1.47 |
| The Kentom | One Bedroom | 1BR,1BA | $1.44 |
| 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 $795.
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 $2,931.
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 346 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 $309 which is $2,622 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.