Cheap Apartments for Rent in Denver, CO from $500 (1,537 Rentals)

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

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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Denver, CO Local Guide

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Written By:
Trey Huguley
Director, Product Marketing

Cheapest Neighborhoods for Apartments in Denver, CO

Pricing Updated: 04/12/2025

Current apartment rentals in the Denver, CO area range in price from $575 to $16,550 with an overall median price of $4,168. The three Denver neighborhoods with the lowest median rent pricing are Village Of Five Parks at $1,200, Avondale at $1,495, and Brighton Gardens at $1,495. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Denver Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Village Of Five Parks$1,200$1,2001
Avondale$1,495$1,4951
Brighton Gardens$1,495$1,4951
Brighton Manor$1,495$1,4951
Hughes Station$1,495$1,4951
Sheraton Park$1,495$1,4951
Stony Creek$1,700$1,7001
Monac Park$1,800$1,8001
Norwood Park$1,800$1,8001
Range View$1,800$1,8001

Cheapest Available Denver Apartments for Rent

 

The cheapest available apartment rental in Denver, CO is a 1 Bed unit found at University Station Senior in the Belcaro neighborhood priced from $733. Ralston Gardens in the Water Tower Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $733. Here is today’s list of the most affordable Denver apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Station SeniorSuite J1BR,1BA$733
Ralston Gardens1x11BR,1BA$733
The AdeleStudioStudio,1BA$850
Greentree Village ApartmentsEfficiencyStudio,1BA$850
Highland West Senior Citizens ApartmentsStudio, 1 bathStudio,1BA$869
1671 WashingtonStudioStudio,1BA$880
Capitol Square Apartments2 Beds, 2 baths2BR,2BA$880
WinbroStudioStudio,1BA$895
Plaza WestStudio AStudio,1BA$895
Karen Jean ApartmentsStudioStudio,1BA$895

Best Value Apartments for Rent in Denver, CO

As of April 13, 2025 the best value apartment in the Denver area is the $0.66 price per square foot 3 Bedroom/2 Bath Townhome (E) Model at Villas at Stone Trace in the in the Denver International Airport neighborhood starting from $920. The second greatest value Denver apartment is the C1 Model at Villas starting at $880 with a $0.74 price per square foot in the Five Points neighborhood. Here is today’s list of the best values for Denver apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas at Stone Trace3 Bedroom/2 Bath Townhome (E)3BR,2BA$0.66
VillasC13BR,3BA$0.74
Frances Apartments2x12BR,1BA$1.43
The Reed2 Bed 1 Bath2BR,1BA$1.44
Redi High Street1 BR 1 B1BR,1BA$1.29
11600 E 16th Avenue1BR/1.0BA1BR,1BA$1.28
Terrace ParkThe Cottonwood1BR,1BA$1.22
The Collective GlendaleStudio, 1 bathStudio ,1BA$1.38
Ralston Gardens1x11BR,1BA$1.14
University Station SeniorSuite J1BR,1BA$1.33

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Denver Overview

Denver is the capital and the largest city in the state of Colorado. Known as the Mile-High City, because its elevation is exactly one mile above sea level, Denver is situated in north central Colorado. The city is surrounded by the Rocky Mountains to the west, and the High Plains to the east. This picturesque city has a population of nearly 700,000, and was listed as the No. 1 best place to live by US News & World Reports in 2016.

Why live in Denver, CO?

Denver is not only beautiful year-round, it also offers visitors and residents lots to do. The city is a mecca for sports fans being the home to all categories of major professional sports teams. The Broncos, Avalanche, Nuggets, and Rockies cover football, hockey, basketball, and baseball, so there is no shortage of teams to get out of your Denver apartment and root for. Additionally, Denver has much to offer, including family fun, outdoor activities, art and culture and history.

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

Explore Denver, CO Rentals by Map

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See the most popular apartments and homes in Denver, CO

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Getting Around Denver, CO

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Denver, CO Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Marie

February 25, 2025

If you love sunshine and beautiful outdoor spaces, consider Denver. Parks dot the city and it's a short drive to amazing hiking, biking, rafting, kayaking, and fly fishing. There is always something to do in Denver, from professional sports to comedians to shows on the stage. In addition, you can find delicious restauarants and each area has its own unique vibe. Visit different areas and see which one fits with your own unique personality. Get around by car or utilize the city's light rail or bus sytem. If you want to live without a car, that's possible in Denver. You can make this city what you want.

Frequently Asked Questions about Cheap Denver Apartments

What is the Cheapest Studio apartment in Denver?

Currently the most affordable Cheap Studio Apartment in Denver is at Greentree Village Apartments listed at $850.

How much is rent for a Cheap One Bedroom Denver Apartment?

The lowest price for a Cheap One Bedroom Denver Apartment is $733 at University Station Senior.

What is the lowest price for a Cheap Two Bedroom Denver Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Denver is starting from $880 at University Station Senior.

What is the most affordable Denver Three Bedroom Apartment?

The best deal on a cheap Denver Three Bedroom Apartment rental is at Villas at Stone Trace and starts from $920.

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.