
Cheap Homes for Rent in Downtown Laramie Neighborhood of Laramie, WY from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Laramie area of Laramie.


769 N 8th St

Humble Basement Unit available NOW!

1213 S 4th St, Unit A, Unit A

706 Downey St
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.

619 S 5th St

309 S 10th St

857 N Hodgeman St

411 S 26th St

1503 E Baker St
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.

600 S Hayes St

1000 E Garfield St

1314 E Gibbon St

1537 E Person St

1157 N 17th 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.

2215 E Spring Creek Dr
Downtown Laramie, Laramie, WY Local Guide

How much does it cost to rent a home in Downtown Laramie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Laramie 2 Bedroom Homes for Rent | $1,384 | $995 | $2,100 |
| Downtown Laramie 3 Bedroom Homes for Rent | $1,725 | $1,000 | $2,500 |
| Downtown Laramie 4 Bedroom Homes for Rent | $1,979 | $1,499 | $2,599 |
| Downtown Laramie 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Laramie Neighborhood of Laramie, WY.
Explore Laramie
Downtown Laramie, Laramie, WY Local Guide
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Cheapest Available Downtown Laramie Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 875 N 15th St | Upper Level | 2BR,1BA | $960 |
Best Value Apartments for Rent in Downtown Laramie, WY
As of April 12, 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 512 E University Ave Model at 512 E University Ave, Unit W starting at $650 with a $1.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 875 N 15th St | Upper Level | 2BR,1BA | $1.20 |
| 512 E University Ave, Unit W | 512 E University Ave | 1BR,1BA | $1.04 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Laramie, Laramie, WY
Ranked #1
Among cities in Wyoming for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Downtown Laramie
What type of rentals are currently available in Downtown Laramie?
There are currently 62 Apartments for Rent in Downtown Laramie, WY with pricing that ranges from $650 to $2,599. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Laramie ranging from $700 to $2,599.
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 $700 to $2,599 with an average monthly rent of $1,677.
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 $1,699 to $1,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,499 and Four Bedroom Apartments start at $2,599.
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

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.