Cheap Apartments for Rent in the Downtown Durango Neighborhood of Durango, CO from $500 (8 Rentals)

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

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1322 Florida Rd
1 to 2 Bedroom Apartments

1322 Florida Rd

1322 Florida RdDurango, CO 81301

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Island Cove Park
1 Bedroom Apartments

Island Cove Park

485 Florida RdDurango, CO 81301
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2068 Main Ave
Studio to 2 Bedroom Apartments

2068 Main Ave

2068 Main AveDurango, CO 81301
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Cedar View Housing
1 Bedroom Apartments

Cedar View Housing

3160 E Animas Village DrDurango, CO 81301
Senior Living

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Cheapest Available Downtown Durango Apartments for Rent

 

The cheapest available apartment rental in the Downtown Durango area of Durango, CO is a Studio unit found at River Roost priced from $1,098. Residences at Durango has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Downtown Durango apartments for rent in Durango, CO:

Apartment ListingModel NameBed/BathPriced From
River RoostStudio A2 - UnfurnishedStudio,1BA$1,098
Residences at DurangoH0.1-60Studio,1BA$1,175
Courthouse Apartments1BR/1.0BA1BR,1BA$1,400

Best Value Apartments for Rent in Downtown Durango, CO

As of January 20, 2026 the best value apartment in the Downtown Durango area is the $2.79 price per square foot B1 Model at Skyline Apartments in the in the Hawks Nest neighborhood starting from $2,186. The second greatest value Downtown Durango apartment is the 1BR/1.0BA Model at Courthouse Apartments starting at $1,400 with a $2.11 price per square foot in the Hawks Nest neighborhood. Here is today’s list of the best values for Downtown Durango apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Skyline ApartmentsB12BR,1BA$2.79
Courthouse Apartments1BR/1.0BA1BR,1BA$2.11
2612 Borrego Dr, Unit Borrego Dr2612 Borrego Dr1BR,1BA$3.11
Residences at DurangoH0.1-60Studio ,1BA$3.30
River RoostStudio A2 - FurnishsedStudio ,1BA$3.89

Frequently Asked Questions about Cheap Downtown Durango Apartments

What is a cheap apartment in Downtown Durango?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Durango is under $2,186.

What types of apartments are the cheapest in Downtown Durango?

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 20 regular apartments in Downtown Durango 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 Downtown Durango?

Cheap apartments in Downtown Durango have an average cost of $592 which is $1,594 cheaper than the average rent for all rentals in Downtown Durango.

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.

Articles, How-To's, and Tips

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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.

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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!