
Cheap Apartments for Rent in Parker, CO from $1,300 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Parker.


Parker Flats at Old Town

Waterford on Mainstreet

Montane

Stone Canyon Apartments

Ranchstone Apartment Homes

The Depot at Twenty Mile

Briargate on Main
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Trailside Apartments

Enclave at Cherry Creek

Vela Meridian

Broadstone Wren

The Meadows at Meridian Apartments

Pine + Parker

Watermark on Twenty Mile Luxury Apartment Homes
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Alder

Parker Hilltop

Juniper on Main

11753 Thomaston Cir

12818 Ironstone Way

10881 Pine Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

17346 Nature Walk Tr

17209 Wilde Ave

7292 S Blackhawk St

Acadia at Cornerstar Apartments

Fox Run Lofts

Dove Valley

IMT Cornerstar Ranch

Caliber at Cornerstar
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
Parker, CO Local Guide

How much does it cost to rent an apartment in Parker?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Parker Studio Apartments | $1,981 | $1,474 | $3,672 |
Cheap Parker 1 Bedroom Apartments | $2,235 | $1,322 | $5,171 |
Cheap Parker 2 Bedroom Apartments | $2,830 | $1,773 | $7,387 |
Cheap Parker 3 Bedroom Apartments | $3,517 | $1,913 | $8,745 |
Cheap Parker 4 Bedroom Apartments | $3,546 | $3,299 | $3,849 |
Browse Top Apartments in Parker
See all Apartments in ParkerExplore Parker
Parker, CO Local Guide
- Parker Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Parker Apartments for Rent
 The cheapest available apartment rental in Parker, CO is a 1 Bed unit found at Parker Flats at Old Town in the Newlin Meadows neighborhood priced from $1,322. Reserve at South Creek in the Village at Centennial - Townhomes neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,385. Here is today’s list of the most affordable Parker apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parker Flats at Old Town | The Gallerie | 1BR,1BA | $1,322 |
Reserve at South Creek | Alpine 1 Bedroom 1 Bathroom | 1BR,1BA | $1,385 |
Acadia at Cornerstar Apartments | A1 (Lyra) | 1BR,1BA | $1,450 |
Waterford on Mainstreet | c | 1BR,1BA | $1,469 |
Montane | Incline | Studio,1BA | $1,474 |
Park Sixty Four | The Mill | 1BR,1BA | $1,482 |
Parker Hilltop | Hillside | 1BR,1BA | $1,517 |
Fox Run Lofts | Annapolis | 1BR,1BA | $1,575 |
Trailside Apartments | A2 | 1BR,1BA | $1,584 |
Courtney Downs Apartment Homes | Calder | 1BR,1BA | $1,585 |
Best Value Apartments for Rent in Parker, CO
As of May 18, 2025 the best value apartment in the Parker area is the $1.66 price per square foot 4A Townhome Model at BB Living Trails Edge in the in the Village at Centennial - Townhomes neighborhood starting from $3,406. The second greatest value Parker apartment is the B2 Model at IMT Cornerstar Ranch starting at $2,165 with a $1.82 price per square foot in the Cherry Creek District neighborhood. Here is today’s list of the best values for Parker apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
BB Living Trails Edge | 4A Townhome | 4BR,3BA | $1.66 |
IMT Cornerstar Ranch | B2 | 2BR,2BA | $1.82 |
South Range Crossings | Two Bedroom D1 (60%) | 2BR,2BA | $1.63 |
Reserve at South Creek | Timberline 2 Bedroom 2 Bathroom | 2BR,2BA | $1.60 |
The Depot at Twenty Mile | The Station | 2BR,2BA | $2.19 |
Parker Hilltop | Highland | 2BR,1BA | $1.96 |
Ranchstone Apartment Homes | A2 - Breck | 1BR,1BA | $2.06 |
Waterford on Mainstreet | b | 1BR,1BA | $2.13 |
Fox Run Lofts | Annapolis | 1BR,1BA | $2.22 |
Acadia at Cornerstar Apartments | A1 (Lyra) | 1BR,1BA | $2.10 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Parker, CO
Northeast Elementary School
Chaparral High School
Sagewood Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Parker, CO Rentals by Map
See the most popular apartments and homes in Parker, CO
Getting Around Parker, CO
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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.
Frequently Asked Questions about Cheap Parker Apartments
What is the Cheapest Studio apartment in Parker?
Currently the most affordable Cheap Studio Apartment in Parker is at Montane listed at $1,474.
How much is rent for a Cheap One Bedroom Parker Apartment?
The lowest price for a Cheap One Bedroom Parker Apartment is $1,322 at Parker Flats at Old Town.
What is the lowest price for a Cheap Two Bedroom Parker Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parker is starting from $1,659 at Reserve at South Creek.
What is the most affordable Parker Three Bedroom Apartment?
The best deal on a cheap Parker Three Bedroom Apartment rental is at Reserve at South Creek and starts from $1,913.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.