Cheap Apartments for Rent in the Downtown Laramie Neighborhood of Laramie, WY from $550 (36 Rentals)

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

property at 702 Downey St
$875
1 Bedroom Rentals
Available Now

702 Downey St

LaramieWY82072
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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608 E Fremont St
$950 - $1,000

Total Monthly Price

Base Rent$950 - $1,000

Total Monthly Price$950 - $1,000
1 Bedroom Apartment Available Now

608 E Fremont St

608 E Fremont StLaramie, WY 82072
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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
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The W Apartments
Studio to 2 Bedroom Apartments

The W Apartments

165 N 3rd StLaramie, WY 82072

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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1953 N 9th St
2 to 3 Bedroom Apartments

1953 N 9th St

1953 N 9th StLaramie, WY 82072
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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

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.

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 The Timbers priced from $650. Flint 1111 (KC-AM) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Downtown Laramie apartments for rent in Laramie, WY:

Apartment ListingModel NameBed/BathPriced From
The TimbersStudioStudio, 1BA$650
Flint 1111 (KC-AM)1BR/1.0BA1BR, 1BA$695
University Heights (KC-AM)1BR/1.0BA1BR, 1BA$795

Best Value Apartments for Rent in Downtown Laramie, WY

As of September 22, 2026 the best value apartment in the Downtown Laramie area is the $0.37 price per square foot 1614 E Garfield St Model at 1614 E Garfield St, Unit Garfield House in the Downtown Laramie neighborhood starting from $550. The second greatest value Downtown Laramie apartment is the 4 BR/2 BA Unfurnished Model at The Social Laramie in the Downtown Laramie neighborhood starting at $575 with a $0.50 price per square foot. 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.
1614 E Garfield St, Unit Garfield House1614 E Garfield St4BR, 2BA$0.37
The Social Laramie4 BR/2 BA Unfurnished4BR, 2BA$0.50
522 S Johnson St, Unit apt c522 S Johnson St3BR, 1BA$1.10
373 N Buchanan St, Unit A373 N Buchanan St3BR, 2BA$1.50
1729 Ord St, Unit Ord St. Rental1729 Ord St2BR, 1BA$1.63
University Heights (KC-AM)2BR/1.0BA2BR, 1BA$1.22
171 N 6th St, Unit 171 n 6th171 N 6th St2BR, 1BA$2.63
1009 S 2nd St1009 S 2nd St1BR, 1BA$1.70
The TimbersStudioStudio, 1BA$1.73
Flint 1111 (KC-AM)1BR/1.0BA1BR, 1BA$2.41

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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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.

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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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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 The Timbers listed at $650.

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

The lowest price for a Cheap One Bedroom Downtown Laramie Apartment is $695 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 $895 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.