Cheap Apartments for Rent in Ouray, CO from $500 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ouray.

property at 101-107 W Bridge St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Jul 10

101-107 W Bridge St

HotchkissCO81419
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Red Cliff
Rent Specials
$1,353 - $1,684
Total Monthly Price

Total Monthly Price

Base Rent
$1,353 - $1,684

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Red Cliff

5800 Main AveDurango, CO 81301
Affordability
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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.

property at 869 Iowa Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2 Bath Home for Rent

Available Now

869 Iowa Ave

PalisadeCO81526
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The Railyard at Rimrock
$1,460 - $2,345
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,345 - $2,230
Required Monthly Fees
$115

Total Monthly Price
$1,460 - $2,345
Studio to 3 Bedroom Apartments Available Now

The Railyard at Rimrock

800 Railyard LoopGrand Junction, CO 81505
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property at 721 E College Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Jul 3

721 E College Dr

DurangoCO81301
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The Slate on 25
$1,558 - $2,413
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,385 - $2,240
Required Monthly Fees
$173

Total Monthly Price
$1,558 - $2,413
Studio to 3 Bedroom Apartments Available Now

The Slate on 25

2494 Flat Top LnGrand Junction, CO 81505
Family Friendly
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The Landing on Horizon
Rent Specials
$1,598 - $2,423
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425 - $2,250
Required Monthly Fees
$173

Total Monthly Price
$1,598 - $2,423
Studio to 3 Bedroom Apartments Available Now

The Landing on Horizon

777 Horizon DrGrand Junction, CO 81506
Pet Friendly
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property at 412 Bastille Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

Studio, 1 Bath Home for Rent

Available Now

412 Bastille Dr

Pagosa SpringsCO81147

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.

property at 444 E Montezuma Ave

$1,645 - $2,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,645

Total Monthly Price
$1,645

1 To 2 Bedroom Rentals

Available Jul 1

444 E Montezuma Ave

CortezCO81321
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Rya Suites
$1,649 - $1,975
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,639 - $1,965
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Jun 29

Rya Suites

2535 Knollwood DrGrand Junction, CO 81505
Student Living
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Peppermill Lofts
Rent Specials
$1,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,640
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Peppermill Lofts

491 28 1/4 RdGrand Junction, CO 81501
Corporate Housing
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Copper Village Apartments
$1,650 - $2,030
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,650 - $2,030

Total Monthly Price
$1,650 - $2,030
1 to 2 Bedroom Apartments Available Now

Copper Village Apartments

617 Balanced Rock WayGrand Junction, CO 81505
Family Friendly
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  • Utilities Included
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Pagosa Spring Apartments
Studio to 3 Bedroom Apartments

Pagosa Spring Apartments

519 Village DrPagosa Springs, CO 81147
  • Utilities Included
property at 4760 W U.S. Hwy 160

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

Studio, 1 Bath Condo for Rent

Available Now

4760 W U.S. Hwy 160

Pagosa SpringsCO81147

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.

property at 304 S Harrison St

$1,055

Total Monthly Price

Total Monthly Price

Base Rent
$1,055

Total Monthly Price
$1,055

2 Bedroom, 1 Bath Home for Rent

Available Now

304 S Harrison St

CortezCO81321
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Rendezvous Apartments
1 to 2 Bedroom Apartments

Rendezvous Apartments

2366 Robins WayMontrose, CO 81401
Senior Living
  • Utilities Included
property at 57 Canyon Cir

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

57 Canyon Cir

Pagosa SpringsCO81147
property at 1700 Co Rd 203

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

1 Bedroom, 1 Bath Home for Rent

Available Jun 22

1700 Co Rd 203

DurangoCO81301
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Summit View Flats
1 to 2 Bedroom Apartments

Summit View Flats

306 Chipeta AveGrand Junction, CO 81501
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Meadows Apartments
1 to 2 Bedroom Apartments

Meadows Apartments

502 S San Juan AveBuena Vista, CO 81211
property at 644 E 2nd St

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

1 Bedroom, 1 Bath Home for Rent

Available Now

644 E 2nd St

DurangoCO81301

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.

property at 2204 Cambridge Dr

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 2 Bath Home for Rent

Available Now

2204 Cambridge Dr

MontroseCO81401
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Basecamp
1 to 2 Bedroom Apartments

Basecamp

41 N 6th StMontrose, CO 81401

Ouray, CO Local Guide

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 ListingModel NameBed/BathPriced From
Apex StudiosUnfurnishedStudio,1BA$1,150
River RoostStudio A2 - UnfurnishedStudio,1BA$1,199
Red CliffA1 Loft1BR,1BA$1,353
The JunctionJackalope- 0BR/1BAStudio,1BA$1,370
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1,425
The Slate on 25Napa1BR,1BA$1,633
Peppermill Lofts2x1 900 SF2BR,1BA$1,650
Copper Village ApartmentsThe Bookcliff1BR,1BA$1,650
The Landing on HorizonThe Napa1BR,1BA$1,723
Affinity at Three SpringsNova – Type 2/2A1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pomona Park TownhomesEnd Unit3BR,2.5BA$1.64
The Railyard at RimrockThe Riverside - two bedroom two bath2BR,2BA$1.78
Affinity at Three SpringsIntuition – Type 6/6A2BR,2BA$2.29
GaugeB12BR,2BA$1.98
Peppermill Lofts2x1 8952BR,1BA$1.84
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1.70
The Landing on HorizonThe Malone1BR,1BA$2.47
The Slate on 25Malone1BR,1BA$2.41
Copper Village ApartmentsThe Bookcliff1BR,1BA$2.11
The JunctionJackalope- 0BR/1BAStudio ,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.

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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.