Cheap Apartments for Rent in the Downtown Laramie Neighborhood of Laramie, WY from $500 (33 Rentals)

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

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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2310 E Garfield St
Studio to 2 Bedroom Apartments

2310 E Garfield St

2310 E Garfield StLaramie, WY 82070
  • Utilities Included
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305 S 10th St
Studio to 1 Bedroom Apartments

305 S 10th St

305 S 10th StLaramie, WY 82070
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1408 Canby St
2 Bedroom Apartments

1408 Canby St

1408 Canby StLaramie, WY 82072
property at 866 N 5th St

$825 - $900

1 To 2 Bedroom Rentals

Available Aug 14

866 N 5th St

LaramieWY82072

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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The W Apartments
Studio to 2 Bedroom Apartments

The W Apartments

165 N 3rd StLaramie, WY 82072

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Laramie Senior Housing
1 to 2 Bedroom Apartments

Laramie Senior Housing

404 S 30th StLaramie, WY 82070
Senior Living
  • Utilities Included

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.

Downtown Laramie, Laramie, WY Local Guide

Cheapest Available Downtown Laramie Apartments for Rent

 

The cheapest available apartment rental in the Downtown Laramie area of Laramie, WY is a Studio unit found at 305 S 10th St priced from $799. Flint 1111 (KC-AM) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Downtown Laramie apartments for rent in Laramie, WY:

Apartment ListingModel NameBed/BathPriced From
305 S 10th St0 Beds, 1 BathsStudio,1BA$799
Flint 1111 (KC-AM)1BR/1.0BA1BR,1BA$895
The W ApartmentsUnit 26Studio,1BA$899
University Heights (KC-AM)2BR/1.0BA2BR,1BA$1,095
1953 N 9th St3 Beds, 1 Baths3BR,1BA$1,149

Best Value Apartments for Rent in Downtown Laramie, WY

As of June 18, 2026 the best value apartment in the Downtown Laramie area is the $1.21 price per square foot 1609 Rainbow Ave Model at 1609 Rainbow Ave, Unit 1609.5 A in the in the Downtown Laramie neighborhood starting from $1,100. The second greatest value Downtown Laramie apartment is the 3 Beds, 1 Baths Model at 1953 N 9th St starting at $1,149 with a $1.28 price per square foot in the Downtown Laramie neighborhood. Here is today’s list of the best values for Downtown Laramie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1609 Rainbow Ave, Unit 1609.5 A1609 Rainbow Ave2BR,1BA$1.21
1953 N 9th St3 Beds, 1 Baths3BR,1BA$1.28
606 E Fremont St, Unit 3606 E Fremont St2BR,1BA$1.83
University Heights (KC-AM)2BR/1.0BA2BR,1BA$1.48
305 S 10th St0 Beds, 1 BathsStudio ,1BA$1.78
608 E Fremont St, Unit 608 Fremont 2026-2027608 E Fremont St1BR,1BA$2.75
The TimbersStudioStudio ,1BA$1.73
Flint 1111 (KC-AM)1BR/1.0BA1BR,1BA$3.11
The W ApartmentsUnit 26Studio ,1BA$3.60

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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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.

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Pet Friendly Lifestyle
Downtown Laramie, Laramie, WY

Ranked #1

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Laramie Apartments

What is the Cheapest Studio apartment in Downtown Laramie?

Currently the most affordable Cheap Studio Apartment in Downtown Laramie is at 305 S 10th St listed at $799.

How much is rent for a Cheap One Bedroom Downtown Laramie Apartment?

The lowest price for a Cheap One Bedroom Downtown Laramie Apartment is $895 at Flint 1111 (KC-AM).

What is the lowest price for a Cheap Two Bedroom Downtown Laramie Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Laramie is starting from $1,095 at University Heights (KC-AM).

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.