Cheap Homes for Rent in Denver, CO from $500 (210 Rentals)

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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

property at 9568 W 56th Pl

9568 W 56th Pl

ArvadaCO80002
property at 655 N Pearl St

655 N Pearl St

DenverCO80203
property at 885 S Miller St

885 S Miller St

LakewoodCO80226

Denver, CO Local Guide

Cheapest Neighborhoods for Apartments in Denver, CO

Pricing Updated: 04/11/2025

Current apartment rentals in the Denver, CO area range in price from $525 to $19,701 with an overall median price of $3,211. The three Denver neighborhoods with the lowest median rent pricing are Ruby Hill at $950, Whittier at $1,195, and Hughes Station at $825. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Denver Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ruby Hill$1,379$95031
Whittier$1,395$1,1952
Hughes Station$1,550$8256
Brighton North Industrial Park$1,650$1,4955
Meadow Hills$1,730$1,19081
Pheasant Run$1,730$1,3803
Columbine Hills$1,775$1,7751
Cambridge Commons$1,795$1,7951
Westgold Meadows$1,795$1,7951
Brighton Manor$1,913$82560

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
Parkside Apartments - Affordable Housing2 Bedroom2BR,1BA$800
Grant PlaceStudioStudio,1BA$825
The AdeleStudioStudio,1BA$850
Greentree Village ApartmentsEfficiencyStudio,1BA$850
X DenverCOLIVING Suites in 4 BR/4BA - 1AStudio,1BA$859
Highland West Senior Citizens ApartmentsStudio, 1 bathStudio,1BA$869
1671 WashingtonStudioStudio,1BA$880
Capitol Square Apartments2 Beds, 2 baths2BR,2BA$880

Best Value Apartments for Rent in Denver, CO

As of April 12, 2025 the best value apartment in the Denver area is the $0.74 price per square foot C1 Model at Villas in the in the Five Points neighborhood starting from $880. The second greatest value Denver apartment is the 2x1 Model at Frances Apartments starting at $1,295 with a $1.43 price per square foot in the Country Club 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.
VillasC13BR,3BA$0.74
Frances Apartments2x12BR,1BA$1.43
Elm Creek ApartmentsElm Creek 2 Bed 1 Bath2BR,1BA$1.45
Redi High Street1 BR 1 B1BR,1BA$1.29
11600 E 16th Avenue1BR/1.0BA1BR,1BA$1.28
Terrace ParkThe Cottonwood1BR,1BA$1.22
Spyglass Creek1 Bedroom 1 Bath1BR,1BA$1.48
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, 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 Denver

What type of rentals are currently available in Denver?

There are currently 6116 Apartments for Rent in Denver, CO with pricing that ranges from $525 to $19,701. There are also 1225 Single Family Homes for rent, Condos, and Townhome rentals currently available in Denver ranging from $575 to $16,550.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Denver ranges from $575 to $16,550 with an average monthly rent of $2,955.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Denver range from $600 to $15,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $12,000. Four Bedroom Single-Family rentals are also available starting from $2,152 and Four Bedroom Apartments start at $950.

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.

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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.

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.