
Cheap Apartments for Rent in Ouray, CO from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Ouray.


Apex Studios

Residences at Durango

River Roost

101-107 W Bridge St

1074 Cedar Way

Total Monthly Price
Red Cliff

The Junction
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.

869 Iowa Ave

SLICK ROCK APARTMENTS

Total Monthly Price
The Railyard at Rimrock

210 2nd St, Unit 2

721 E College Dr

Total Monthly Price
The Slate on 25

Total Monthly Price
The Landing on Horizon

412 Bastille Dr
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.

444 E Montezuma Ave

Total Monthly Price
Rya Suites

Total Monthly Price
Peppermill Lofts

939-951 Iowa Ave

Total Monthly Price
Copper Village Apartments

The Residences at Dry Cedar Creek

Pagosa Spring Apartments

4760 W U.S. Hwy 160
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.

304 S Harrison St

Rendezvous Apartments

57 Canyon Cir

1700 Co Rd 203

Summit View Flats

Riverbridge Apartments

Meadows Apartments

644 E 2nd 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.

The Eddy Apartments

2204 Cambridge Dr

Basecamp
Ouray, CO Local Guide

How much does it cost to rent an apartment in Ouray?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ouray Studio Apartments | $1,375 | $1,150 | $1,700 |
| Ouray 1 Bedroom Apartments | $1,847 | $1,250 | $8,955 |
| Ouray 2 Bedroom Apartments | $2,495 | $800 | $10,000+ |
| Ouray 3 Bedroom Apartments | $5,873 | $1,485 | $10,000+ |
| Ouray 4 Bedroom Apartments | $15,098 | $3,562 | $10,000+ |
Browse Top Apartments in Ouray
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Ouray, CO Local Guide
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Cheapest Available Ouray Apartments for Rent and Nearby
 The cheapest available apartment rental in Ouray, CO is a Studio unit found at Apex Studios priced from $1,150. River Roost in the Hawks Nest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here is today’s list of the most affordable Ouray apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apex Studios | Unfurnished | Studio,1BA | $1,150 |
| River Roost | Studio A2 - Unfurnished | Studio,1BA | $1,199 |
| Red Cliff | A1 Loft | 1BR,1BA | $1,353 |
| The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,370 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
| The Slate on 25 | Napa | 1BR,1BA | $1,633 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $1,650 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,723 |
| Affinity at Three Springs | Nova – Type 2/2A | 1BR,1BA | $1,791 |
Best Value Apartments for Rent in Ouray, CO and Nearby
As of June 14, 2026 the best value apartment in the Ouray area is the $1.64 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,557. The second greatest value Ouray apartment is the The Riverside - two bedroom two bath Model at The Railyard at Rimrock starting at $1,970 with a $1.78 price per square foot in the Appleton neighborhood. Here is today’s list of the best values for Ouray apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pomona Park Townhomes | End Unit | 3BR,2.5BA | $1.64 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Affinity at Three Springs | Intuition – Type 6/6A | 2BR,2BA | $2.29 |
| Gauge | B1 | 2BR,2BA | $1.98 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| The Slate on 25 | Malone | 1BR,1BA | $2.41 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $2.11 |
| The Junction | Jackalope- 0BR/1BA | Studio ,1BA | $2.97 |
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.
Read ArticleReal 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.
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.
Best Local Schools in Ouray, CO
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ouray, CO Rentals by Map
See the most popular apartments and homes in Ouray, CO
Frequently Asked Questions about Cheap Ouray Apartments
What is the Cheapest Studio apartment in Ouray?
Currently the most affordable Cheap Studio Apartment in Ouray is at Apex Studios listed at $1,150.
How much is rent for a Cheap One Bedroom Ouray Apartment?
The lowest price for a Cheap One Bedroom Ouray Apartment is $1,250 at Apex Studios.
What is the lowest price for a Cheap Two Bedroom Ouray Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ouray is starting from $1,425 at SLICK ROCK APARTMENTS.
What is the most affordable Ouray Three Bedroom Apartment?
The best deal on a cheap Ouray Three Bedroom Apartment rental is at The Slate on 25 and starts from $2,413.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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.

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.