Cheap Homes for Rent in Denver, CO from $500 (476 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: 11/08/2025

Current apartment rentals in the Denver, CO area range in price from $500 to $19,000 with an overall median price of $4,248. The three Denver neighborhoods with the lowest median rent pricing are Kennedy at $1,550, Grant Ranch at $1,650, and Mountain Gate Condos at $1,695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Denver Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Kennedy$1,550$1,5501
Grant Ranch$1,650$1,6501
Mountain Gate Condos$1,697$1,6952
Plains Sunset Ridge Thomes$1,800$1,8001
Timbercove$1,850$1,8501
Meadows$1,850$1,7002
Marston$1,990$1,3958
Governors Ranch$2,100$2,1001
Arbor Green Townhomes$2,195$1,6506
Lake Arbor Fairways$2,195$1,6506

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. Residences at Hoffman in the Sable Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $723. Here is today’s list of the most affordable Denver apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vina ApartmentsStudioStudio,1BA$695
Residences at HoffmanBearberry 30%1BR,1BA$723
2365 Emporia StStudioStudio,1BA$749
Tailwind 1StudioStudio,1BA$749
Caraway Apartments1 Bedroom1BR,1BA$788
Shoshone Senior Residences1 Bedroom 1 Bath1BR,1BA$788
1651 WashingtonStudioStudio,1BA$795
At the RiverStudioStudio,1BA$795
The Stapleton ApartmentsStudio Apartment AStudio,1BA$795
Montego Flats1 Bed1BR,1BA$799

Best Value Apartments for Rent in Denver, CO

As of November 09, 2025 the best value apartment in the Denver area is the $1.38 price per square foot 7220 South Gaylord Street Model at 7220 South Gaylord Street, Unit Unit G in the in the Eastridge neighborhood starting from $1,500. The second greatest value Denver apartment is the 2x1 Model at 3650 Upham starting at $1,375 with a $1.36 price per square foot in the Regis 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.
7220 South Gaylord Street, Unit Unit G7220 South Gaylord Street2BR,2BA$1.38
3650 Upham2x12BR,1BA$1.36
3550 E Colorado Ave, Unit E. Colorado Ave3550 E Colorado Ave1BR,1BA$1.33
Redi High Street1 BR 1 B1BR,1BA$1.29
Avon North Apartments1X11BR,1BA$1.32
University Lofts2BR/1BA2BR,1BA$1.27
Terrace ParkThe Cottonwood1BR,1BA$1.22
The Collective GlendaleInfinity 1x11BR,1BA$1.39
The Kimberly Apartments0x1Studio ,1BA$1.33
Caraway Apartments1 Bedroom1BR,1BA$1.13

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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

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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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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 6365 Apartments for Rent in Denver, CO with pricing that ranges from $525 to $27,050. There are also 2311 Single Family Homes for rent, Condos, and Townhome rentals currently available in Denver ranging from $550 to $19,000.

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 $550 to $19,000 with an average monthly rent of $4,707.

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 $24,732, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $18,000. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $880.

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.

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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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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.