Cheap Homes for Rent in Downtown Laramie Neighborhood of Laramie, WY from $600 (22 Rentals)

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

property at 866 N 5th St

$825 - $900

1 To 2 Bedroom Rentals

Available Aug 14

866 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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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 Now

455 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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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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Showing Results 1-22, Page 1 of 1

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. The W Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $899. 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
The W ApartmentsUnit 26Studio,1BA$899
University Heights (KC-AM)2BR/1.0BA2BR,1BA$1,095
1953 N 9th St3 Beds, 1 Baths3BR,1BA$1,200

Best Value Apartments for Rent in Downtown Laramie, WY

As of June 05, 2026 the best value apartment in the Downtown Laramie area is the $1.01 price per square foot 459 N 5th St Model at 459 N 5th St in the in the Downtown Laramie neighborhood starting from $1,010. The second greatest value Downtown Laramie apartment is the 1609 Rainbow Ave Model at 1609 Rainbow Ave, Unit 1609.5 A starting at $1,100 with a $1.21 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.
459 N 5th St459 N 5th St2BR,1BA$1.01
1609 Rainbow Ave, Unit 1609.5 A1609 Rainbow Ave2BR,1BA$1.21
1953 N 9th St3 Beds, 1 Baths3BR,1BA$1.33
606 E Fremont St, Unit 3606 E Fremont St2BR,1BA$1.83
University Heights (KC-AM)2BR/1.0BA2BR,1BA$1.57
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
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

3.0
Pet Friendly

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Frequently Asked Questions about Downtown Laramie

What type of rentals are currently available in Downtown Laramie?

There are currently 70 Apartments for Rent in Downtown Laramie, WY with pricing that ranges from $510 to $2,200. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Laramie ranging from $650 to $2,550.

What is the current price range for Rental Homes in Downtown Laramie?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Laramie ranges from $650 to $2,550 with an average monthly rent of $1,593.

How much are larger Three and Four Bedroom Rentals in Downtown Laramie?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Laramie range from $2,200 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $932 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $2,099.

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 Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.

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.