Cheap Apartments for Rent in the Downtown Neighborhood of Denver, CO from $500 (213 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 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.

Read Article
property at 1960 Sherman St

1960 Sherman St

DenverCO80203

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 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.

Read Article

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.

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
Showing Results 1-50, Page 1 of 5

Downtown, Denver, CO Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Denver, CO is a Studio unit found at Palisade Apartments priced from $735. The Tiffany has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Downtown apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
Palisade ApartmentsStudioStudio,1BA$735
The Tiffany0BR/1.0BAStudio,1BA$750
Marianne ApartmentsStudioStudio,1BA$795
1671 WashingtonStudioStudio,1BA$805
WinbroStudioStudio,1BA$825
The AmbassadorStudioStudio,1BA$875
The ZellStudioStudio,1BA$880
Capitol Square Apartments2 Beds, 2 baths2BR,2BA$880
Cross ApartmentsStudio AStudio,1BA$895
The AdeleStudioStudio,1BA$895

Best Value Apartments for Rent in Downtown, CO

As of September 15, 2025 the best value apartment in the Downtown area is the $1.73 price per square foot 1369 North Ogden Street Model at 1369 North Ogden Street, Unit Apt. 1 in the in the CBD neighborhood starting from $1,975. The second greatest value Downtown apartment is the 2 Bedroom / 1 Bath Model at Satori starting at $1,925 with a $1.80 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1369 North Ogden Street, Unit Apt. 11369 North Ogden Street2BR,1BA$1.73
Satori2 Bedroom / 1 Bath2BR,1BA$1.80
The Ogden Arms at 945 Ogden2BR/1.0BA2BR,1BA$1.70
The Lincoln at SpeerA2 - 1 Bedroom1BR,1BA$1.78
The Grant-Lee1 Bedroom, 1 Bath1BR,1BA$1.73
Villa Wynanda1 Bedroom1BR,1BA$1.71
Logan Flats1 Bed 1 Bath1BR,1BA$1.62
The Birney Apartments1x11BR,1BA$1.64
The Franklin Roosevelt Apartments1 Bedroom M1BR,1BA$1.75
Concord House1 Bedroom, 1 Bath1BR,1BA$1.59

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, CO

Ranked #10

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

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 $895.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is The Denver Biltmore which is listed at $950, while the average apartment in Downtown costs $3,100.

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 157 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 $487 which is $2,613 cheaper than the average rent for all rentals in Downtown.

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 The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.