
Cheap Apartments for Rent in the Downtown Neighborhood of Denver, CO from $500 (281 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Denver.


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Capitol Square Apartments

1425 N Washington St

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The Jefferson

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Winbro

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The Adele

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Lincoln Heights

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Grant Place

1030 N Pearl St

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The Profile
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.

Grosvenor Arms Apartments

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1651 Washington

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El Cortez

The Kentom

Fountainhead Apartments

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Emily Dickinson

1431 Pearl St

1431 N Pearl St

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The Houston

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Robert Frost
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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Tamai Tower at Sakura Square

1450 N Clarkson St

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The Franklin Roosevelt Apartments

Camelot Apartments

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Nathaniel Hawthorne

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Uptown Square Apartment Homes

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Welton Park

1358 N Ogden St

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The Wheatley Flats

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The Thomas Carlyle
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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Art Studios

1960 Sherman St

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Mercer at Union Station

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Boston Lofts

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Mark Twain

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Camellia House

The Wolf Londoner Building

809 24th St

Belmont Buckingham

1975 N Grant St, Unit 12
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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TwentyOne01 on Market

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1600 Glenarm Place

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Sylvia Mae

1133 N Clarkson St

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The Delano

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Art District Flats

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2020 Lawrence

1801 Arapahoe St, Unit 401

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Residences at Capitol Heights

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Bank Lofts
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, CO Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,580 | $750 | $7,369 |
| Downtown 1 Bedroom Apartments | $2,175 | $733 | $10,000+ |
| Downtown 2 Bedroom Apartments | $3,142 | $880 | $10,000+ |
| Downtown 3 Bedroom Apartments | $4,148 | $1,150 | $10,000+ |
| Downtown 4 Bedroom Apartments | $2,317 | $895 | $4,108 |
Browse Apartments in this Neighborhood
There are currently 281 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Denver, CO.
See all Apartments in DenverExplore Denver
Downtown, Denver, CO Local Guide
- Nearby Denver neighborhoods
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Cheapest Available Downtown Apartments for Rent
 The cheapest available apartment rental in the Downtown area of Denver, CO is a Studio unit found at The Crest priced from $744. The Jefferson has the second lowest priced unit, which is a Studio apartment currently listed from $769. Here are the most affordable Downtown apartments for rent in Denver, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Crest | Studio | Studio,1BA | $744 |
| The Jefferson | Studio | Studio,1BA | $769 |
| Winbro | Studio | Studio,1BA | $789 |
| 1027 Washington Street | Studio | Studio,1BA | $794 |
| Skylark Apartments | Studio | Studio,1BA | $794 |
| The Adele | Studio | Studio,1BA | $805 |
| The Jack Kerouac | Studio | Studio,1BA | $829 |
| Lincoln Heights | Studio | Studio,1BA | $829 |
| The Ogden Nines | 0BR/1.0BA | Studio,1BA | $850 |
| Cross Apartments | The Cornerette Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in Downtown, CO
As of May 15, 2026 the best value apartment in the Downtown area is the $1.50 price per square foot LINCOLN Model at The Apartments at Denver Place in the in the Lower Downtown Denver neighborhood starting from $2,127. The second greatest value Downtown apartment is the 2bed 1 bath Model at 1143 Logan St starting at $1,495 with a $1.46 price per square foot in the CBD neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Apartments at Denver Place | LINCOLN | 2BR,2BA | $1.50 |
| 1143 Logan St | 2bed 1 bath | 2BR,1BA | $1.46 |
| The Grant-Lee | 1 Bedroom, 1 Bath | 1BR,1BA | $1.39 |
| Villa Wynanda | 1 Bedroom | 1BR,1BA | $1.63 |
| Logan Flats | 1 bed 1 bath | 1BR,1BA | $1.53 |
| The Kentom | One Bedroom | 1BR,1BA | $1.44 |
| The Birney Apartments | 1x1 The Central | 1BR,1BA | $1.48 |
| Auraria Lofts | 2x1 | 2BR,1BA | $1.63 |
| Concord House | 1 Bedroom, 1 Bath | 1BR,1BA | $1.58 |
| Skylark Apartments | Studio | Studio ,1BA | $1.62 |
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, CO
Ranked #13
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $850.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Grant Place which is listed at $834, while the average apartment in Downtown costs $2,949.
What types of apartments are the cheapest in Downtown?
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 190 regular apartments in Downtown 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?
Cheap apartments in Downtown have an average cost of $268 which is $2,681 cheaper than the average rent for all rentals in Downtown.
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.