Cheap Apartments for Rent in the Downtown Durango Neighborhood of Durango, CO from $600 (9 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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Skyline Apartments
Rent Specials
$2,004 - $2,255
Total Monthly Price

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$1,936 - $2,187
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Studio to 3 Bedroom Apartments Available Now

Skyline Apartments

1000 Goeglein GulchDurango, CO 81301
Corporate Housing
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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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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

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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Cedar View Housing
1 Bedroom Apartments

Cedar View Housing

3160 E Animas Village DrDurango, CO 81301
Senior Living

Downtown Durango, Durango, CO Local Guide

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 Residences at Durango priced from $1,172. River Roost has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,799. Here are the most affordable Downtown Durango apartments for rent in Durango, CO:

Apartment ListingModel NameBed/BathPriced From
Residences at DurangoH0.1-60Studio,1BA$1,172
River Roost1 Bedroom B1 - Unfurnished1BR,1BA$1,799
Skyline ApartmentsA11BR,1BA$2,004

Best Value Apartments for Rent in Downtown Durango, CO

As of June 07, 2026 the best value apartment in the Downtown Durango area is the $1.50 price per square foot 1261 Galaxy Dr Model at 1261 Galaxy Dr, Unit B in the in the Hawks Nest neighborhood starting from $2,100. The second greatest value Downtown Durango apartment is the 1100 Goeglein Gulch #267 Model at 1100 Goeglein Gulch #267, Unit #267 starting at $2,700 with a $2.56 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.
1261 Galaxy Dr, Unit B1261 Galaxy Dr2BR,1BA$1.50
1100 Goeglein Gulch #267, Unit #2671100 Goeglein Gulch #2673BR,2BA$2.56
River Roost1 Bedroom B1 - Unfurnished1BR,1BA$2.92
Skyline ApartmentsA11BR,1BA$3.34
Residences at DurangoH0.1-60Studio ,1BA$3.29

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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Real 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.

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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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Frequently Asked Questions about Cheap Downtown Durango Apartments

What is the price of a cheap apartment in Downtown Durango?

The cheapest apartment in Downtown Durango is River Roost which is listed at $1,799, while the average apartment in Downtown Durango costs $4,500.

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 1 regular apartments in Downtown Durango that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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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.

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.