
Cheap Apartments for Rent in the Downtown Neighborhood of Denver, CO from $500 (168 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Denver.


Winbro

The Raleigh

Marianne Apartments

Lincoln Heights

1325 Corona

Emily Dickinson

Grosvenor Arms Apartments

1066 N Clarkson St
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

The Jefferson

1734 N Washington St

LaMont Apartments

The Verse

Robert Frost

Skylark Apartments

Uptown Square Apartment Homes

Welton Park
Downtown
Named as one of the Best Affordable Neighborhoods to rent in Denver, CO by our Denver, CO Local Expert Marie McGinnis. See how it ranks!

Broadway Plaza Lofts

1160 N Ogden St

The Birney Apartments

James Russell Lowell

Art Studios

The Franklin Roosevelt Apartments

1001 Park Ave W

1934 N Grant

Louisa May Alcott

Tamai Tower at Sakura Square

975 N Washington St

900 N Washington St

Belmont Buckingham

Camellia House

Nathaniel Hawthorne

The Honimoon

1431 N Pearl St

The Wolf Londoner Building

1934 Grant St

1020 Lincoln

Residences at Capitol Heights

Eugene Field

1449 Emerson

The Mason

Art District Lofts

Velaris Living
Downtown, Denver, CO Local Guide

How much does it cost to rent an apartment in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Studio Apartments | $1,677 | $845 | $5,434 |
Downtown 1 Bedroom Apartments | $2,186 | $733 | $8,750 |
Downtown 2 Bedroom Apartments | $3,289 | $880 | $10,000+ |
Downtown 3 Bedroom Apartments | $3,546 | $1,734 | $10,000+ |
Downtown 4 Bedroom Apartments | $2,624 | $1,000 | $4,752 |
Browse Apartments in this Neighborhood
There are currently 168 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Denver, CO.
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Downtown, Denver, CO Local Guide
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Cheapest Available Downtown Apartments for Rent
 The cheapest available apartment rental in the Downtown area of Denver, CO is a Studio unit found at Palisade Apartments priced from $805. Winbro has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable Downtown apartments for rent in Denver, CO:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Palisade Apartments | Studio | Studio,1BA | $805 |
Winbro | Studio | Studio,1BA | $845 |
Grant Place | Studio | Studio,1BA | $845 |
Capitol Square Apartments | 2 Beds, 2 baths | 2BR,2BA | $880 |
1630 Pennsylvania | Studio | Studio,1BA | $895 |
Marianne Apartments | Studio | Studio,1BA | $899 |
The Jack Kerouac | Studio | Studio,1BA | $900 |
Lincoln Heights | Studio | Studio,1BA | $900 |
1671 Washington | Studio | Studio,1BA | $920 |
1325 Corona | Studio | Studio,1BA | $925 |
Best Value Apartments for Rent in Downtown, CO
As of March 24, 2025 the best value apartment in the Downtown area is the $1.41 price per square foot WELTON Model at The Apartments at Denver Place in the in the Lower Downtown Denver neighborhood starting from $1,400. The second greatest value Downtown apartment is the 2BR/1.0BA Model at The Ogden Arms at 945 Ogden starting at $1,625 with a $1.81 price per square foot in the CBD neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Apartments at Denver Place | WELTON | 1BR,1BA | $1.41 |
The Ogden Arms at 945 Ogden | 2BR/1.0BA | 2BR,1BA | $1.81 |
Central Park Terrace | 2 Beds, 1 Baths | 2BR,1BA | $1.71 |
Residences at Capitol Heights | Amethyst | 1BR,1BA | $1.92 |
1221 N Clarkson St | Studio 1 | Studio ,1BA | $1.69 |
The Birney Apartments | 1x1 | 1BR,1BA | $1.71 |
Concord House | 1 Bedroom, 1 Bath | 1BR,1BA | $1.92 |
Ambassador | Studio | Studio ,1BA | $1.67 |
Camelot Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.86 |
Grant Place | Studio | Studio ,1BA | $1.86 |
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Pet Friendly LifestyleDowntown, Denver, CO
Ranked #10
Among neighborhoods in Denver, CO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $925.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is 1431 Pearl St which is listed at $995, while the average apartment in Downtown costs $3,019.
What types of apartments are the cheapest in Downtown?
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 4,572 regular apartments in Downtown 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 Downtown?
Cheap apartments in Downtown have an average cost of $1,109 which is $1,910 cheaper than the average rent for all rentals in Downtown.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.