Cheap Apartments for Rent in the University Park Neighborhood of Denver, CO from $600 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
Terrace Plaza Apartments
Studio to 2 Bedroom Apartments

Terrace Plaza Apartments

1912 S University BlvdDenver, CO 80210
  • Utilities Included
close
View Me
Josephine Apartments
Studio Apartments

Josephine Apartments

2155 S Josephine StDenver, CO 80210
  • Utilities Included
close
View Me
1520 S Albion
1 Bedroom Apartments

1520 S Albion

1520 S Albion StDenver, CO 80222

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.

close
View Me
Camelot Apartments
1 to 2 Bedroom Apartments

Camelot Apartments

4150 E Iowa StDenver, CO 80222
  • Utilities Included
close
View Me
The Heritage House
1 to 2 Bedroom Apartments

The Heritage House

2580 S University BlvdDenver, CO 80210
  • Utilities Included
close
View Me
Aspen West
1 Bedroom Apartments

Aspen West

2411 S Gaylord StDenver, CO 80210
close
View Me
RM1640
1 Bedroom Apartments

RM1640

1640 S Albion StDenver, CO 80222
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
The Carriage House
1 to 2 Bedroom Apartments

The Carriage House

2565 S University BlvdDenver, CO 80210
  • Utilities Included
close
View Me
Montmartre
1 to 2 Bedroom Apartments

Montmartre

4225 E Mexico AveDenver, CO 80222
  • Utilities Included
close
View Me
The Avalon
1 Bedroom Apartments

The Avalon

2075 S Josephine StDenver, CO 80210
  • Utilities Included

University Park, Denver, CO Local Guide

Cheapest Available University Park Apartments for Rent

 

The cheapest available apartment rental in the University Park area of Denver, CO is a 1 Bed unit found at University Station Senior priced from $733. Plaza West has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable University Park apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
University Station SeniorSuite J1BR,1BA$733
Plaza WestStudio AStudio,1BA$895
Cherry Plaza Apartments1 Bed1BR,1BA$995
Arise Denver0BR/1.0BAStudio,1BA$1,050
RM16401 bed/1 bath1BR,1BA$1,100
Flats at DeBoer Park1X11BR,1BA$1,125
Topaz Apartments1 Bedroom1BR,1BA$1,135
The Carriage House4071BR,1BA$1,150
Mondrian ColoradoStudioStudio,1BA$1,165
Concord1 Bedroom x 1 Bath1BR,1BA$1,170

Best Value Apartments for Rent in University Park, CO

As of July 22, 2025 the best value apartment in the University Park area is the $1.70 price per square foot 2x1 Renovated Model at Parklane Apartments in the in the University neighborhood starting from $1,695. The second greatest value University Park apartment is the 2 Bed 1 Bath Small Model at Peak 54 starting at $1,455 with a $1.52 price per square foot in the Belcaro neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parklane Apartments2x1 Renovated2BR,1BA$1.70
Peak 542 Bed 1 Bath Small2BR,1BA$1.52
1594 S Albion2 bed 1 bath2BR,1BA$1.75
South JosephineTwo Bedroom, One Bathroom2BR,1BA$1.77
2340 S Race St2x12BR,1BA$1.71
Race Street Apartments2X12BR,1BA$1.71
Maple Leaf ApartmentsMaple 2 Bedroom2BR,1BA$1.78
Da Vinci Apartments1Bed/1Bath1BR,1BA$1.79
Cherry Plaza Apartments1 Bed1BR,1BA$1.66
University Station SeniorSuite J1BR,1BA$1.33

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
University Park, Denver, CO

Ranked #124

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Colorado including University Park, Denver, and the greater Denver area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Park Apartments

What is a cheap apartment in University Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $1,170.

What is the price of a cheap apartment in University Park?

The cheapest apartment in University Park is University Station Senior which is listed at $733, while the average apartment in University Park costs $2,995.

What types of apartments are the cheapest in University Park?

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 35 regular apartments in University Park 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 University Park?

Cheap apartments in University Park have an average cost of $956 which is $2,039 cheaper than the average rent for all rentals in University Park.

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.

decorative image for The 10 Best Affordable Neighborhoods in Denver, CO article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.