
Cheap Apartments for Rent in the Water Tower Village Neighborhood of Arvada, CO from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Water Tower Village area of Arvada.


The Village at Arvada, A 62+ Affordable Community

7207 Grandview Ave

Lamar Village Apartments

The Iris

Perch on 52nd

Reserve at Water Tower Village

Arvada Village
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
Water Tower Village, Arvada, CO Local Guide

How much does it cost to rent an apartment in Water Tower Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Water Tower Village Studio Apartments | $1,758 | $1,049 | $1,940 |
Water Tower Village 1 Bedroom Apartments | $2,165 | $733 | $3,970 |
Water Tower Village 2 Bedroom Apartments | $2,572 | $880 | $6,586 |
Water Tower Village 3 Bedroom Apartments | $2,973 | $1,356 | $7,354 |
Water Tower Village 4 Bedroom Apartments | $3,827 | $2,731 | $5,115 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Water Tower Village Neighborhood of Arvada, CO.
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Water Tower Village, Arvada, CO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Vance Street Flats | 1x1 | 1BR,1BA | $1,151 |
Perch on 52nd | Sommerset 1x1 | 1BR,1BA | $1,350 |
Reserve at Water Tower Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,360 |
Lamar Village Apartments | One Bedroom (Cottonwood) | 1BR,1BA | $1,365 |
The Village at Arvada, A 62+ Affordable Community | 2x1 A 50% AMI | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5415 Carr St | 5415 Carr St | 2BR,1BA | $1.89 |
Outpost on Yukon | 2x1 | 2BR,1BA | $1.89 |
The Iris | 2 Bed 2 Bath | 2BR,2BA | $1.98 |
Olde Town Terrace (Arvada Apartments) | 2BR/1.0BA | 2BR,1BA | $2.13 |
The Berkeley Apartments | 2x1S | 2BR,1BA | $2.06 |
Panorama at Arvada Ridge | Longs Peak | 1BR,1BA | $2.44 |
Lamar Village Apartments | One Bedroom (Cottonwood) | 1BR,1BA | $2.26 |
The Village at Arvada, A 62+ Affordable Community | 1x1 A 60% AMI | 1BR,1BA | $2.41 |
Reserve at Water Tower Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.43 |
8000 W 62nd Ave, Unit 3 | 8000 W 62nd Ave | 2BR,1BA | $2.18 |
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Pet Friendly LifestyleWater Tower Village, Arvada, CO
Ranked #16
Among neighborhoods in Arvada, CO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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.

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.

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.

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.

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.