Cheap Apartments for Rent in the Lower Downtown Denver Neighborhood of Denver, CO from $800 (124 Rentals)

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

property at 1960 Sherman St

$850 - $1,250

Studio To 1 Bedroom Rentals

Available Now

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

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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Lower Downtown Denver, Denver, CO Local Guide

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 Adele priced from $805. Winbro has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here are the most affordable Lower Downtown Denver apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
The AdeleStudioStudio,1BA$805
WinbroStudioStudio,1BA$815
The BarristerStudioStudio,1BA$815
X DenverCOLIVING Suites in 4 BR/4BA - 1AStudio,1BA$850
Cross ApartmentsThe Cornerette StudioStudio,1BA$850
The ProfileStudioStudio,1BA$895
Grosvenor Arms ApartmentsStudioStudio,1BA$895
Tamai Tower at Sakura SquareTamai Tower StudioStudio,1BA$945
Grant Place1 Bedroom1BR,1BA$950
The JeffersonStudioStudio,1BA$965

Best Value Apartments for Rent in Lower Downtown Denver, CO

As of January 26, 2026 the best value apartment in the Lower Downtown Denver area is the $1.50 price per square foot LINCOLN Model at The Apartments at Denver Place in the in the Lower Downtown Denver neighborhood starting from $2,138. The second greatest value Lower Downtown Denver apartment is the The Classic Model at Diamond at Prospect starting at $2,399 with a $1.91 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Apartments at Denver PlaceLINCOLN2BR,2BA$1.50
Diamond at ProspectThe Classic3BR,2BA$1.91
Buerger Brother Lofts2 Bedroom2BR,1BA$1.80
Chamber Lofts1 Bedroom1BR,1BA$1.84
The Wolf Londoner Building1x11BR,1BA$1.74
Auraria Lofts2BR/1BA - Broadmoor2BR,1BA$1.52
300 East 17th ApartmentsStudioStudio ,1BA$1.74
The BarristerStudioStudio ,1BA$1.66
Grant Place1 Bedroom1BR,1BA$1.96
Grosvenor Arms ApartmentsStudioStudio ,1BA$1.88

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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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 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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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 $965.

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 $950, while the average apartment in Lower Downtown Denver costs $2,918.

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 209 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 $297 which is $2,621 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

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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.