
Cheap Apartments for Rent in Parachute, CO from $800 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Parachute.


Cottonwood View Apartment Homes

Available Now!

704 Horizon Dr

721 Horizon Dr

3299 Lombardy Ln

1074 Cedar Way

The Junction

869 Iowa Ave
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.

Total Monthly Price
Peppermill Lofts

Summit View Terrace

SLICK ROCK APARTMENTS

Total Monthly Price
The Railyard at Rimrock

850 Mountain View Dr

Total Monthly Price
The Slate on 25

Total Monthly Price
The Landing on Horizon

Total Monthly Price
Rya Suites

2909 Dawn 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.

2907 Dawn Dr

706 Railroad Ave

397 W 25th St

1600 N 17th St

201 Plateau Ave

3227 White Ave

755 W 2nd St

3247 Main St

2325 Texas Ave
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.

3146 Lakeside Dr

2839 Elm Ave

2401 Rail Ave

3252 Villasur Dr

3307 Delicious Dr

The Eddy Apartments

951 Iowa Ave

519 Amy's Way

934 W 24th 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.
Parachute, CO Local Guide

How much does it cost to rent an apartment in Parachute?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parachute Studio Apartments | $2,002 | $895 | $3,483 |
| Parachute 1 Bedroom Apartments | $3,383 | $895 | $10,000+ |
| Parachute 2 Bedroom Apartments | $5,849 | $800 | $10,000+ |
| Parachute 3 Bedroom Apartments | $3,373 | $1,650 | $6,562 |
| Parachute 4 Bedroom Apartments | $2,887 | $2,500 | $3,562 |
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Parachute, CO Local Guide
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Cheapest Available Parachute Apartments for Rent and Nearby
 The cheapest available apartment rental in Parachute, CO is a 1 Bed unit found at The Slate on 25 in the Appleton neighborhood priced from $1,633. Peppermill Lofts in the Horizon neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,650. Here is today’s list of the most affordable Parachute apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Slate on 25 | Napa | 1BR,1BA | $1,633 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
| The Junction | Monument- 1 BR/1BA | 1BR,1BA | $1,685 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,723 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1,970 |
| Red Table Apartments | Studio | Studio,1BA | $2,075 |
| Copper Village Apartments | The Mesa | 2BR,2BA | $2,110 |
| SIX CANYON | Oasis | 1BR,1BA | $2,215 |
| The Pike | Larkspur | Studio,1BA | $2,266 |
| Lofts | E1 | 1BR,1BA | $2,323 |
Best Value Apartments for Rent in Parachute, CO and Nearby
As of May 20, 2026 the best value apartment in the Parachute 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 Parachute apartment is the The Mesa Model at Copper Village Apartments starting at $2,110 with a $1.89 price per square foot in the Appleton neighborhood. Here is today’s list of the best values for Parachute 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 |
| Copper Village Apartments | The Mesa | 2BR,2BA | $1.89 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| MountainView Flats | 2 Bedroom | 2BR,1BA | $3.37 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| The Slate on 25 | Napa | 1BR,1BA | $2.18 |
| SIX CANYON | Oasis | 1BR,1BA | $3.24 |
| The Meadows | B2 | 1BR,1BA | $4.02 |
| The Junction | Monument- 1 BR/1BA | 1BR,1BA | $2.84 |
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 Parachute, CO
Bea Underwood Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Parachute, CO Rentals by Map
See the most popular apartments and homes in Parachute, CO
Frequently Asked Questions about Cheap Parachute Apartments
What is the Cheapest Studio apartment in Parachute?
Currently the most affordable Cheap Studio Apartment in Parachute is at Red Table Apartments listed at $2,075.
How much is rent for a Cheap One Bedroom Parachute Apartment?
The lowest price for a Cheap One Bedroom Parachute Apartment is $1,633 at The Slate on 25.
What is the lowest price for a Cheap Two Bedroom Parachute Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parachute is starting from $1,650 at Peppermill Lofts.
What is the most affordable Parachute Three Bedroom Apartment?
The best deal on a cheap Parachute Three Bedroom Apartment rental is at Pomona Park Townhomes and starts from $2,557.
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

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.

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.

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.