Cheap Apartments for Rent in the Downtown Laramie Neighborhood of Laramie, WY from $500 (40 Rentals)

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

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459 N 5th St
$510 - $1,010
Total Monthly Price

Total Monthly Price

Base Rent
$510 - $1,010

Total Monthly Price
$510 - $1,010
Studio to 2 Bedroom Apartment Available May 16

459 N 5th St

459 N 5th StLaramie, WY 82072
Affordability
  • Smoke Free
property at 568 N 4th St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

568 N 4th St

LaramieWY82072
property at 1213 S 4th St

$800 - $950

Total Monthly Price

Total Monthly Price

Base Rent
$800 - $950

Total Monthly Price
$800 - $950

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1213 S 4th St

LaramieWY82070
property at 455 N 5th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available May 16

455 N 5th St

LaramieWY82072

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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875 N 15th St
$960 - $980
Total Monthly Price

Total Monthly Price

Base Rent
$960 - $980

Total Monthly Price
$960 - $980
2 Bedroom Apartments Available Now

875 N 15th St

875 N 15th StLaramie, WY 82072
Family Friendly
  • Verified
  • Utilities Included
  • Smoke Free
property at 162 N 9th St

$1,000 - $2,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $2,000

Total Monthly Price
$1,000 - $2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

162 N 9th 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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2310 E Garfield St
Studio to 2 Bedroom Apartments

2310 E Garfield St

2310 E Garfield StLaramie, WY 82070
  • Utilities Included
property at 309 S 10th St

$799 - $899

Studio To 1 Bedroom Rentals

Available Now

309 S 10th St

LaramieWY82070
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1408 Canby St
2 Bedroom Apartments

1408 Canby St

1408 Canby StLaramie, WY 82072

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.

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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Downtown Laramie, Laramie, WY Local Guide

Cheapest Available Downtown Laramie Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
875 N 15th StUpper Level2BR,1BA$960

Best Value Apartments for Rent in Downtown Laramie, WY

As of May 01, 2026 the best value apartment in the Downtown Laramie area is the $1.20 price per square foot Upper Level Model at 875 N 15th St in the in the Downtown Laramie neighborhood starting from $960. The second greatest value Downtown Laramie apartment is the 608 E Fremont St Model at 608 E Fremont St, Unit 608 and one half Basement starting at $1,100 with a $1.83 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.
875 N 15th StUpper Level2BR,1BA$1.20
608 E Fremont St, Unit 608 and one half Basement608 E Fremont St1BR,1BA$1.83
606 E Fremont St, Unit 1606 E Fremont St1BR,1BA$1.89

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

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Laramie Apartments

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 $960 at 875 N 15th St.

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

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.