
Cheap Apartments for Rent in the Downtown Neighborhood of Denver, CO from $500 (173 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Denver.


The Raleigh

Winbro

Lincoln Heights

Emily Dickinson

1325 Corona

Grosvenor Arms Apartments

1431 N Pearl St

The Jefferson
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

1734 N Washington St

The Verse

LaMont Apartments

The Franklin Roosevelt Apartments

Skylark Apartments

Welton Park

Broadway Plaza Lofts

900 N Washington St
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!

Marianne Apartments

1160 N Ogden St

The Birney Apartments

Art Studios

1934 N Grant

1001 Park Ave W

Louisa May Alcott

Art District Flats

Tamai Tower at Sakura Square

975 N Washington St

Belmont Buckingham

Camellia House

Nathaniel Hawthorne

The Honimoon

Sylvia Mae

The Wolf Londoner Building

Robert Frost

1020 Lincoln

Eugene Field

Residences at Capitol Heights

The Mason

Art District Lofts

Velaris Living

Kindred

One City Block

Radiant
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 | $1,681 | $875 | $5,434 |
Downtown 1 Bedroom Apartments | $2,200 | $733 | $8,750 |
Downtown 2 Bedroom Apartments | $3,306 | $880 | $10,000+ |
Downtown 3 Bedroom Apartments | $3,601 | $1,734 | $10,000+ |
Downtown 4 Bedroom Apartments | $2,581 | $950 | $4,752 |
Browse Apartments in this Neighborhood
There are currently 173 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 $815. Grant Place has the second lowest priced unit, which is a Studio apartment currently listed from $835. 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 | $815 |
Grant Place | Studio | Studio,1BA | $835 |
Winbro | Studio | Studio,1BA | $875 |
Capitol Square Apartments | 2 Beds, 2 baths | 2BR,2BA | $880 |
The Jack Kerouac | Studio | Studio,1BA | $885 |
1630 Pennsylvania | Studio | Studio,1BA | $895 |
Emily Dickinson | Studio | Studio,1BA | $900 |
Lincoln Heights | Studio | Studio,1BA | $900 |
1671 Washington | Studio | Studio,1BA | $920 |
Best Value Apartments for Rent in Downtown, CO
As of March 27, 2025 the best value apartment in the Downtown area is the $1.74 price per square foot WELTON Model at The Apartments at Denver Place in the in the Lower Downtown Denver neighborhood starting from $1,725. 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 | $1.74 |
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 | $1.84 |
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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 $920.
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 141 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 $1,419 which is $1,600 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.

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.