Cheap Apartments for Rent in Laramie, WY from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Laramie.

The Timbers

619 S 5th St

2835 Fort Sanders Rd
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.

529 Mitchell St
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.
Laramie, WY Local Guide

How much does it cost to rent an apartment in Laramie?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Laramie Studio Apartments | $675 | $650 | $700 |
Cheap Laramie 1 Bedroom Apartments | $999 | $850 | $1,249 |
Cheap Laramie 2 Bedroom Apartments | $1,316 | $950 | $1,900 |
Cheap Laramie 3 Bedroom Apartments | $1,550 | $1,400 | $1,700 |
Cheap Laramie 4 Bedroom Apartments | $1,621 | $615 | $2,999 |
Browse Top Apartments in Laramie
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Laramie, WY Local Guide
- Laramie Neighborhoods
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Cheapest Neighborhoods for Apartments in Laramie, WY
Pricing Updated: 09/07/2025Current apartment rentals in the Laramie, WY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Laramie Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Downtown Laramie | $1,550 | $615 | 15 |
Cheapest Available Laramie Apartments for Rent
 The cheapest available apartment rental in Laramie, WY is a Studio unit found at The Timbers in the Downtown Laramie neighborhood priced from $700. Legacy Laramie Senior Residences has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,171. Here is today’s list of the most affordable Laramie apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Timbers | Studio | Studio,1BA | $700 |
Legacy Laramie Senior Residences | 2x1 50/55% TC TypeE | 2BR,1BA | $1,171 |
Element Apartments | 2BR/2BA + Large Bonus Rm | 2BR,2BA | $1,900 |
Best Value Apartments for Rent in Laramie, WY
As of September 07, 2025 the best value apartment in the Laramie area is the $0.53 price per square foot 4 BR/2 BA Furnished Model at The Social Laramie in the in the Downtown Laramie neighborhood starting from $615. The second greatest value Laramie apartment is the 2BR/2BA + Large Bonus Rm Model at Element Apartments starting at $1,900 with a $1.67 price per square foot in the Downtown Laramie neighborhood. Here is today’s list of the best values for Laramie apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Social Laramie | 4 BR/2 BA Furnished | 4BR,2BA | $0.53 |
Element Apartments | 2BR/2BA + Large Bonus Rm | 2BR,2BA | $1.67 |
1307 E Flint St, Unit 1307 Flint Unit A | 1307 E Flint St | 2BR,1BA | $1.50 |
Legacy Laramie Senior Residences | 2x1 50/55% TC TypeE | 2BR,1BA | $1.32 |
1903 E Hancock St, Unit A | 1903 E Hancock St | 2BR,1BA | $1.27 |
The Timbers | Studio | Studio ,1BA | $1.56 |
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Best Local Schools in Laramie, WY
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Laramie, WY
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
71 / 100
Very Bikeable
Biking is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Laramie Apartments
What types of apartments are the cheapest in Laramie?
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 2 regular apartments in Laramie that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.