Cheap Apartments for Rent in the Water Tower Village Neighborhood of Arvada, CO from $700 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Water Tower Village area of Arvada.

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Allison Pointe
2 to 4 Bedroom Apartments

Allison Pointe

7850 W 51st AveArvada, CO 80002

Denver's Best Affordable Neighborhoods

Learn about Denver and the best places to live with original content written by our Denver, CO Local Expert Marie McGinnis

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Venice Square
2 Bedroom Apartments

Venice Square

8943 W 53rd AveArvada, CO 80002
  • Utilities Included
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Vance Street Flats
Studio to 2 Bedroom Apartments

Vance Street Flats

7355 Ralston RdArvada, CO 80002
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6215 Dover St
2 Bedroom Apartments

6215 Dover St

6215 Dover StArvada, CO 80004
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Olde Town Plaza
1 Bedroom Apartments

Olde Town Plaza

5773 Olde Wadsworth BlvdArvada, CO 80002
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5502 Newland Way
1 Bedroom Apartments

5502 Newland Way

5502 Newland WayArvada, CO 80002
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Arvada Pines
2 Bedroom Apartments

Arvada Pines

8440 W 52nd AveArvada, CO 80002

Water Tower Village, Arvada, CO Local Guide

Cheapest Available Water Tower Village Apartments for Rent

 

The cheapest available apartment rental in the Water Tower Village area of Denver, CO is a 1 Bed unit found at Vance Street Flats priced from $1,151. Perch on 52nd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Water Tower Village apartments for rent in Denver, CO:

Apartment ListingModel NameBed/BathPriced From
Vance Street Flats1x11BR,1BA$1,151
Perch on 52ndSommerset 1x11BR,1BA$1,350
Reserve at Water Tower Village1 Bedroom 1 Bathroom1BR,1BA$1,360
Lamar Village ApartmentsOne Bedroom (Cottonwood)1BR,1BA$1,365
The Village at Arvada, A 62+ Affordable Community2x1 A 50% AMI2BR,1BA$1,375

Best Value Apartments for Rent in Water Tower Village, CO

As of March 30, 2025 the best value apartment in the Water Tower Village area is the $1.89 price per square foot 5415 Carr St Model at 5415 Carr St in the in the Water Tower Village neighborhood starting from $1,699. The second greatest value Water Tower Village apartment is the 2x1 Model at Outpost on Yukon starting at $1,650 with a $1.89 price per square foot in the Water Tower Village neighborhood. Here is today’s list of the best values for Water Tower Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5415 Carr St5415 Carr St2BR,1BA$1.89
Outpost on Yukon2x12BR,1BA$1.89
The Iris2 Bed 2 Bath2BR,2BA$1.98
Olde Town Terrace (Arvada Apartments)2BR/1.0BA2BR,1BA$2.13
The Berkeley Apartments2x1S2BR,1BA$2.06
Panorama at Arvada RidgeLongs Peak1BR,1BA$2.44
Lamar Village ApartmentsOne Bedroom (Cottonwood)1BR,1BA$2.26
The Village at Arvada, A 62+ Affordable Community1x1 A 60% AMI1BR,1BA$2.41
Reserve at Water Tower Village1 Bedroom 1 Bathroom1BR,1BA$2.43
8000 W 62nd Ave, Unit 38000 W 62nd Ave2BR,1BA$2.18

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Pet Friendly Lifestyle
Water Tower Village, Arvada, CO

Ranked #16

Among neighborhoods in Arvada, CO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Water Tower Village Apartments

What is a cheap apartment in Water Tower Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Water Tower Village is under $1,650.

What is the price of a cheap apartment in Water Tower Village?

The cheapest apartment in Water Tower Village is Vance Street Flats which is listed at $1,151, while the average apartment in Water Tower Village costs $3,483.

What types of apartments are the cheapest in Water Tower Village?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Water Tower Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Water Tower Village?

Cheap apartments in Water Tower Village have an average cost of $777 which is $2,706 cheaper than the average rent for all rentals in Water Tower Village.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The 10 Best Affordable Neighborhoods in Denver, CO

Written by: Marie McGinnis

Denver is a beautiful city with ample opportunities for outdoor recreation and a wide variety of housing options. As your ApartmentHomeLiving.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.