Cheap Apartments for Rent in the Five Points Neighborhood of Denver, CO from $700 (140 Rentals)

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

property at 1960 Sherman St

1960 Sherman St

DenverCO80203

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Experience Life as a Local: The Insider's Guide to Renting in Denver

Explore Denver with a local! Discover historic neighborhoods like LoDo & Capitol Hill, top attractions, best dining spots, public transit, and fun things to do in the Mile High City.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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

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Five Points, Denver, CO Local Guide

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Denver, CO is a Studio unit found at The Adele priced from $820. Cross Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Five Points apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
The AdeleStudioStudio,1BA$820
Cross ApartmentsThe Garden StudioStudio,1BA$850
The Honimoon1 Bedroom, 1 Bath1BR,1BA$895
X DenverCOLIVING Suites in 4 BR/4BA - 1AStudio,1BA$900
Tamai Tower at Sakura SquareTamai Tower StudioStudio,1BA$960
Grant Place1 Bedroom1BR,1BA$965
RiDE at RiNoStudio - Regular 320 sqftStudio,1BA$987
The HooperStudioStudio,1BA$990
Uptown Terrace1 Bedroom1BR,1BA$995
The Points at California 291 Bedroom, 1 Bath1BR,1BA$1,055

Best Value Apartments for Rent in Five Points, CO

As of December 12, 2025 the best value apartment in the Five Points area is the $1.41 price per square foot LINCOLN Model at The Apartments at Denver Place in the in the Lower Downtown Denver neighborhood starting from $2,005. The second greatest value Five Points apartment is the The Classic Model at Diamond at Prospect starting at $2,499 with a $1.99 price per square foot in the Lower Downtown Denver neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Apartments at Denver PlaceLINCOLN2BR,2BA$1.41
Diamond at ProspectThe Classic3BR,2BA$1.99
Villas3 Bedroom 3 Bathroom3BR,3BA$0.64
Park Avenue WestTwo Bedroom A (60%)2BR,1BA$1.97
Buerger Brother Lofts1 Bedroom1BR,1BA$1.73
Chamber Lofts1 Bedroom1BR,1BA$1.83
Marion Street Apartments2 Bedroom 1 Bath2BR,1BA$1.79
The Wolf Londoner Building1x11BR,1BA$1.74
The Honimoon1 Bedroom, 1 Bath1BR,1BA$1.74
Grant Place1 Bedroom1BR,1BA$1.99

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.

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Don'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.

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

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The Student Renter's Ultimate Guide to Picking the Perfect Denver Neighborhood to Rent

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Quick Rent Budget Calculator

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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.

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States and customized analysis for Denver, Colorado. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the Five Points Neighborhood in Denver, CO

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

99 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

74 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Five Points Apartments

What is a cheap apartment in Five Points?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Five Points is under $1,055.

What is the price of a cheap apartment in Five Points?

The cheapest apartment in Five Points is The Honimoon which is listed at $895, while the average apartment in Five Points costs $3,719.

What types of apartments are the cheapest in Five Points?

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 261 regular apartments in Five Points 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 Five Points?

Cheap apartments in Five Points have an average cost of $893 which is $2,826 cheaper than the average rent for all rentals in Five Points.

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

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Many dream of attending college in Denver. Nothing beats the big-city opportunities with close access to outdoor activities.

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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

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.