Cheap Apartments for Rent in the Downtown Denver Neighborhood of Denver, CO from $500 (580 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
property at 1960 Sherman St

1960 Sherman St

DenverCO80203

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Downtown Denver - One of the Best Affordable Neighborhoods in Denver

Named as one of the Best Affordable Neighborhoods to rent in Denver, CO by our Denver, CO Local Expert Marie McGinnis. See how it ranks!

Read Article
Showing Results 1-50, Page 1 of 12

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 Palisade Apartments priced from $795. The Anglesey has the second lowest priced unit, which is a Studio apartment currently listed from $805. Here are the most affordable Downtown Denver apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
Palisade ApartmentsStudioStudio,1BA$795
The AngleseyStudioStudio,1BA$805
The AdeleStudioStudio,1BA$830
1671 WashingtonStudioStudio,1BA$840
WinbroStudioStudio,1BA$845
Capitol Square Apartments2 Beds, 2 baths2BR,2BA$880
Corona ManorStudioStudio,1BA$895
Cross ApartmentsStudio AStudio,1BA$895
X DenverCOLIVING Suites in 4 BR/4BA - 1AStudio,1BA$900
1325 CoronaStudioStudio,1BA$930

Best Value Apartments for Rent in Downtown Denver, CO

As of July 23, 2025 the best value apartment in the Downtown Denver area is the $1.17 price per square foot 2 bedroom, 2 bath Model at Larimer 35 in the in the Five Points neighborhood starting from $2,370. The second greatest value Downtown Denver apartment is the 2 Bed 1 Bath Small Model at Peak 54 starting at $1,455 with a $1.52 price per square foot in the Belcaro 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.
Larimer 352 bedroom, 2 bath2BR,2BA$1.17
Peak 542 Bed 1 Bath Small2BR,1BA$1.52
1200 Colorado2 Bedroom2BR,1BA$1.51
The Ogden Arms at 945 Ogden2BR/1.0BA2BR,1BA$1.62
Redi High Street1 BR 1 B1BR,1BA$1.29
Z532 Bedroom2BR,1BA$1.51
Cheesman Arms1 Bedroom, 1 Bath1BR,1BA$1.54
The Villages at Curtis Park1 Bed, 1 bath1BR,1BA$1.60
Lafayette Gardens1330 Lafayette Street Denver1BR,1BA$1.62
The Birney Apartments1x11BR,1BA$1.64

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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 $930.

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

The cheapest apartment in Downtown Denver is 1431 Pearl St which is listed at $995, while the average apartment in Downtown Denver costs $3,254.

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 232 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 $619 which is $2,635 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.

decorative image for The 10 Best Affordable Neighborhoods in Denver, CO article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.