Cheap Homes for Rent in the Downtown Laramie Neighborhood of Laramie, WY from $450 (9 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
$800
2 Bedroom Rentals
Available Now
Affordability

866 N 5th St

LaramieWY82072

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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. University Heights (KC-AM) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Downtown Laramie apartments for rent in Laramie, WY:

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

Best Value Apartments for Rent in Downtown Laramie, WY

As of September 16, 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 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 starting at $524 with a $0.46 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.
1614 E Garfield St, Unit Garfield House1614 E Garfield St4BR,2BA$0.37
The Social Laramie4 BR/2 BA Unfurnished4BR,2BA$0.46
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
1953 N 9th St2 Beds, 1 Baths2BR,1BA$1.19
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$2.76

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

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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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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 Downtown Laramie

What type of rentals are currently available in Downtown Laramie?

There are currently 79 Apartments for Rent in Downtown Laramie, WY with pricing that ranges from $550 to $2,900. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Laramie ranging from $450 to $2,645.

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 $450 to $2,645 with an average monthly rent of $1,349.

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 $1,095 to $1,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $500 to $2,300. Four Bedroom Single-Family rentals are also available starting from $450 and Four Bedroom Apartments start at $550.

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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.