Cheap Homes for Rent in Downtown Neighborhood of Denver, CO from $1,200 (32 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown area of Denver.

property at 720 16th St

720 16th St

DenverCO80202

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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property at 1020 15th St

1020 15th St

DenverCO80202

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!

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property at 720 16th St

720 16th St

DenverCO80202
property at 100 Park Ave W

100 Park Ave W

DenverCO80205
Showing Results 1-32, Page 1 of 1

Downtown, Denver, CO Local Guide

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 $810. 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 ListingModel NameBed/BathPriced From
Palisade ApartmentsStudioStudio,1BA$810
WinbroStudioStudio,1BA$845
Grant PlaceStudioStudio,1BA$845
Capitol Square Apartments2 Beds, 2 baths2BR,2BA$880
The Jack KerouacStudioStudio,1BA$885
1630 PennsylvaniaStudioStudio,1BA$895
Marianne ApartmentsStudioStudio,1BA$899
Lincoln HeightsStudioStudio,1BA$900
Emily DickinsonStudioStudio,1BA$900

Best Value Apartments for Rent in Downtown, CO

As of March 26, 2025 the best value apartment in the Downtown area is the $1.68 price per square foot WELTON Model at The Apartments at Denver Place in the in the Lower Downtown Denver neighborhood starting from $1,665. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Apartments at Denver PlaceWELTON1BR,1BA$1.68
The Ogden Arms at 945 Ogden2BR/1.0BA2BR,1BA$1.81
Central Park Terrace2 Beds, 1 Baths2BR,1BA$1.71
Residences at Capitol HeightsAmethyst1BR,1BA$1.92
1221 N Clarkson StStudio 1Studio ,1BA$1.69
The Birney Apartments1x11BR,1BA$1.71
Concord House1 Bedroom, 1 Bath1BR,1BA$1.92
AmbassadorStudioStudio ,1BA$1.67
Camelot Apartments1 Bed 1 Bath1BR,1BA$1.86
Grant PlaceStudioStudio ,1BA$1.86

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Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 693 Apartments for Rent in Downtown, CO with pricing that ranges from $733 to $19,700. There are also 101 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,200 to $10,000.

What is the current price range for Rental Homes in Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,200 to $10,000 with an average monthly rent of $3,563.

How much are larger Three and Four Bedroom Rentals in Downtown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,734 to $11,837, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $10,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $1,000.

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.

decorative image for The 10 Best Affordable Neighborhoods in Denver, CO article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.