Cheap Apartments for Rent in the The River Mile Neighborhood of Denver, CO from $800 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the The River Mile area of Denver.

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The River Mile, Denver, CO Local Guide

Cheapest Available The River Mile Apartments for Rent

 

The cheapest available apartment rental in the The River Mile area of Denver, CO is a 1 Bed unit found at Alpine Flats priced from $999. Velaris Living has the second lowest priced unit, which is a Studio apartment currently listed from $1,148. Here are the most affordable The River Mile apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
Alpine Flats1 Bedroom1BR,1BA$999
Velaris LivingS4Studio,1BA$1,148
Art District FlatsStudioStudio,1BA$1,153
ReNew on StoutOne Bedroom Income Restricted- LURA 601BR,1BA$1,195
Mercer at Union StationS1CStudio,1BA$1,199
Alloy SunnysideS2 AFFORDABLEStudio,1BA$1,205
Diamond at ProspectThe Radiant Affordable1BR,1BA$1,256
Griffis Platform Union StationArapahoStudio,1BA$1,258
The Douglas ApartmentsS3Studio,1BA$1,280
The Metro ApartmentsSunshine Peak - RenovatedStudio,1BA$1,280

Best Value Apartments for Rent in The River Mile, CO

As of December 07, 2025 the best value apartment in the The River Mile area is the $1.99 price per square foot The Classic Model at Diamond at Prospect in the in the Lower Downtown Denver neighborhood starting from $2,499. The second greatest value The River Mile apartment is the Urban 2 Bedroom Model at Art District Flats starting at $2,123 with a $2.12 price per square foot in the CBD neighborhood. Here is today’s list of the best values for The River Mile apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Diamond at ProspectThe Classic3BR,2BA$1.99
Art District FlatsUrban 2 Bedroom2BR,2BA$2.12
The Apartments at Denver PlaceWELTON1BR,1BA$1.43
ReNew on Stout2h2BR,1BA$2.23
CirrusA1FB1BR,1BA$2.39
Skyline 1801The Broadway2BR,1BA$2.52
Bank LoftsThe Stout1BR,1BA$2.40
Premier LoftsElati IStudio ,1BA$2.39
Eviva on CherokeeS4Studio ,1BA$2.53
The Metro ApartmentsSunshine Peak - RenovatedStudio ,1BA$2.33

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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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Pet Friendly Lifestyle
The River Mile, Denver, CO

Ranked #41

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the The River Mile Neighborhood in Denver, CO

Walk Score®

61 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

89 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

82 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap The River Mile Apartments

What is a cheap apartment in The River Mile?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The River Mile is under $1,280.

What is the price of a cheap apartment in The River Mile?

The cheapest apartment in The River Mile is Alpine Flats which is listed at $999, while the average apartment in The River Mile costs $2,965.

What types of apartments are the cheapest in The River Mile?

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 143 regular apartments in The River Mile 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 The River Mile?

Cheap apartments in The River Mile have an average cost of $665 which is $2,300 cheaper than the average rent for all rentals in The River Mile.

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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Everything is a negotiation in real estate!