
Cheap Apartments for Rent in the Lower Downtown Denver Neighborhood of Denver, CO from $700 (156 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lower Downtown Denver area of Denver.


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The Jefferson

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The Adele

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Grant Place

X Denver

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The Zell

Grosvenor Arms Apartments

The Kentom

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Tamai Tower at Sakura Square

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Welton Park
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.

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Mercer at Union Station

The Wolf Londoner Building

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300 East 17th Apartments

2482 W Caithness Pl

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Velaris Living

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20th Street Station

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The Douglas Apartments

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2020 Lawrence

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Radius Uptown

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Diamond at Prospect
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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Arapahoe Square

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Solera

817 24th St

811 24th St

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Revival on Platte

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Boston Lofts

Bank Lofts

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MAA River North

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Cortland on Blake

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Skyline 1801
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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Edison At RiNo

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The Deveraux

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Premier Lofts

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Skyhouse Denver

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SOVA ON GRANT

2506 W Colfax Ave, Unit A1

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Chamber Lofts

1801 Arapahoe St, Unit 401

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TwentyOne01 on Market

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Aera RiNo
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.

ReNew on Stout

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Kalaco

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1600 Glenarm Place

2501 W 26th Ave, Unit A1

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Canvas on Blake

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Griffis North Union

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Point 21

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Sentral Union Station

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Griffis Platform Union Station

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Skyline at Highlands
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Lower Downtown Denver, Denver, CO Local Guide

How much does it cost to rent an apartment in Lower Downtown Denver?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lower Downtown Denver Studio Apartments | $1,597 | $789 | $6,356 |
| Lower Downtown Denver 1 Bedroom Apartments | $2,082 | $809 | $9,251 |
| Lower Downtown Denver 2 Bedroom Apartments | $2,837 | $1,020 | $10,000+ |
| Lower Downtown Denver 3 Bedroom Apartments | $3,339 | $979 | $10,000+ |
| Lower Downtown Denver 4 Bedroom Apartments | $2,084 | $850 | $4,019 |
Browse Apartments in this Neighborhood
There are currently 156 rentals with your search options within a 2 mile radius of the Lower Downtown Denver Neighborhood of Denver, CO.
See all Apartments in DenverExplore Denver
Lower Downtown Denver, Denver, CO Local Guide
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Cheapest Available Lower Downtown Denver Apartments for Rent
 The cheapest available apartment rental in the Lower Downtown Denver area of Denver, CO is a Studio unit found at The Jefferson priced from $789. Winbro has the second lowest priced unit, which is a Studio apartment currently listed from $789. Here are the most affordable Lower Downtown Denver apartments for rent in Denver, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Jefferson | Studio | Studio,1BA | $789 |
| Winbro | Studio | Studio,1BA | $789 |
| The Adele | Studio | Studio,1BA | $805 |
| Grant Place | 1 Bedroom | 1BR,1BA | $809 |
| X Denver | COLIVING Suites in 4 BR/4BA - 1A | 4BR,4BA | $850 |
| The Zell | Studio | Studio,1BA | $880 |
| Grosvenor Arms Apartments | Studio | Studio,1BA | $895 |
| Cross Apartments | The Parlor Studio | Studio,1BA | $945 |
| The Kentom | One Bedroom Plus | 1BR,1BA | $950 |
| Tamai Tower at Sakura Square | Tamai Tower Studio | Studio,1BA | $1,009 |
Best Value Apartments for Rent in Lower Downtown Denver, CO
As of June 12, 2026 the best value apartment in the Lower Downtown Denver area is the $1.82 price per square foot The Brilliant Model at Diamond at Prospect in the in the Lower Downtown Denver neighborhood starting from $1,979. The second greatest value Lower Downtown Denver apartment is the Two Bedroom C (80%) Model at Park Avenue West starting at $1,665 with a $1.61 price per square foot in the Lower Downtown Denver neighborhood. Here is today’s list of the best values for Lower Downtown Denver apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Diamond at Prospect | The Brilliant | 2BR,2BA | $1.82 |
| Park Avenue West | Two Bedroom C (80%) | 2BR,1BA | $1.61 |
| The Apartments at Denver Place | WELTON | 1BR,1BA | $1.55 |
| The Kentom | One Bedroom Plus | 1BR,1BA | $0.99 |
| Buerger Brother Lofts | 1 Bedroom | 1BR,1BA | $1.66 |
| Bryant Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.64 |
| Colab | 2x2 | 2BR,2BA | $1.71 |
| Auraria Lofts | 2x1 | 2BR,1BA | $1.63 |
| Grosvenor Arms Apartments | Studio | Studio ,1BA | $1.88 |
| Grant Place | Studio | Studio ,1BA | $1.83 |
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.
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States including Lower Downtown Denver, Denver, and the greater Denver area. 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 the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Lower Downtown Denver Apartments
What is a cheap apartment in Lower Downtown Denver?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lower Downtown Denver is under $1,009.
What is the price of a cheap apartment in Lower Downtown Denver?
The cheapest apartment in Lower Downtown Denver is Grant Place which is listed at $809, while the average apartment in Lower Downtown Denver costs $3,009.
What types of apartments are the cheapest in Lower Downtown Denver?
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 104 regular apartments in Lower Downtown Denver 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 Lower Downtown Denver?
Cheap apartments in Lower Downtown Denver have an average cost of $256 which is $2,753 cheaper than the average rent for all rentals in Lower Downtown Denver.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.