Cheap Homes for Rent in Denver, CO from $500 (471 Rentals)

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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

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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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

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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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.

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Denver, CO Local Guide

Cheapest Neighborhoods for Apartments in Denver, CO

Pricing Updated: 12/11/2025

Current apartment rentals in the Denver, CO area range in price from $525 to $26,754 with an overall median price of $3,045. The three Denver neighborhoods with the lowest median rent pricing are Whittier at $1,050, Fort Logan at $969, and Mountain View at $995. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Denver Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Whittier$1,395$1,0502
Fort Logan$1,545$96944
Mountain View$1,697$99527
Bel Aire$1,745$99516
Olinger Gardens$1,751$97844
Barths$1,753$99530
Ruby Hill$1,795$7955
Edgewood$1,821$944177
Vicca Park$1,977$99545
Oak Crest$1,995$1,095234

Cheapest Available Denver Apartments for Rent

 

The cheapest available apartment rental in Denver, CO is a Studio unit found at Vina Apartments in the Skyland neighborhood priced from $695. Avenida Del Sol in the South Alameda neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $698. Here is today’s list of the most affordable Denver apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vina ApartmentsStudioStudio,1BA$695
Avenida Del SolA11BR,1BA$698
Tailwind 1StudioStudio,1BA$749
Palisade ApartmentsStudioStudio,1BA$755
1671 WashingtonStudioStudio,1BA$765
Shoshone Senior Residences1 Bedroom 1 Bath1BR,1BA$788
Caraway Apartments1 Bedroom1BR,1BA$788
The ZellStudioStudio,1BA$790
The Jack KerouacStudioStudio,1BA$795
Flats at Mississippi0BR/1.0BAStudio,1BA$795

Best Value Apartments for Rent in Denver, CO

As of December 12, 2025 the best value apartment in the Denver area is the $1.14 price per square foot 1938 Leyden St Model at 1938 Leyden St in the in the Skyland neighborhood starting from $1,600. The second greatest value Denver apartment is the 3 Bedroom 3 Bathroom Model at Villas starting at $760 with a $0.64 price per square foot in the Five Points neighborhood. Here is today’s list of the best values for Denver apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1938 Leyden St1938 Leyden St1BR,1BA$1.14
Villas3 Bedroom 3 Bathroom3BR,3BA$0.64
Forest Cove2bd 2ba V2BR,2BA$1.32
Redi High Street1 BR 1 B1BR,1BA$1.29
Avenida Del SolB12BR,1BA$1.02
University Lofts2BR/1BA2BR,1BA$1.27
Newark Apartments1BR/1.0BA1BR,1BA$1.21
Terrace ParkThe Cottonwood1BR,1BA$1.22
Caraway Apartments1 Bedroom1BR,1BA$1.13
Chester Street Apartments1BR/1.0BA1BR,1BA$1.33

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

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.

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The 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

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Denver, CO Rentals by Map

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Denver, CO Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Marie

February 25, 2025

If you love sunshine and beautiful outdoor spaces, consider Denver. Parks dot the city and it's a short drive to amazing hiking, biking, rafting, kayaking, and fly fishing. There is always something to do in Denver, from professional sports to comedians to shows on the stage. In addition, you can find delicious restauarants and each area has its own unique vibe. Visit different areas and see which one fits with your own unique personality. Get around by car or utilize the city's light rail or bus sytem. If you want to live without a car, that's possible in Denver. You can make this city what you want.

Frequently Asked Questions about Denver

What type of rentals are currently available in Denver?

There are currently 6389 Apartments for Rent in Denver, CO with pricing that ranges from $525 to $26,754. There are also 2221 Single Family Homes for rent, Condos, and Townhome rentals currently available in Denver ranging from $590 to $18,000.

What is the current price range for Rental Homes in Denver?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Denver ranges from $590 to $18,000 with an average monthly rent of $3,362.

How much are larger Three and Four Bedroom Rentals in Denver?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Denver range from $600 to $26,754, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $18,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $830.

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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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.

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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.

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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.

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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

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.