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Frequently Asked Questions
What are the cheapest apartments in Denver, CO?
Many factors can influence the price of a rental, including its size and location. Depending on where you want to rent and how much space you need, prices vary. The cheapest apartments are likely to be studios—smaller apartments—located further away from major interest points in the Denver, CO area.
How big is a cheap apartment in Denver, CO?
“Cheap” is a relative term which does not imply that the apartment is extremely small or low-quality. There are buildings and units specifically built for affordability purposes. As such, you can find cheap apartments in any size, ranging from studio apartments, 1-bedroom, 2-bedroom, to even 3-bedroom apartments. The average size of an apartment in Denver, CO is 840 sq. ft.
How much rent can I afford in Denver, CO?
The recommended percentage to be spent on rent is 30% of your monthly income. To figure out how much that means, you can use RENTCafé’s rent affordability calculator to find your range for rentals in Denver, CO.
How can I search for cheap apartments for rent in Denver, CO?
When searching for specific types of rental apartments in Denver, CO, go on RENTCafé’s search page and filter by price, size, or amenities. For cheap apartments, you can either type in a price range, or sort them automatically by selecting “cheap” under the “price category” from the “more” drop-down menu.
Renting a Cheap Apartment in Denver
We've gathered a few good reasons to rent an apartment in Denver, CO. Colorado’s largest city, Denver’s mile high metropolis is a popular place to lead an urban or suburban lifestyle. Proximity to the spectacular Rocky Mountains, where recreational opportunities range from an easy hike to heli-skiing, is a strong selling point. Beer, the Broncos, bicycling and baseball are all popular in Denver, which boasts of its active and healthy residents. The city is spread out over a wide geographic area, so public transportation can be challenging. Expansion of the city’s light rail system is planned. Recently constructed toll roads have aided some of Denver’s commuting challenges. Heavy snow in the winter months requires regular snowplowing of highways and surface streets. Corporations headquartered here include AIMCO, Molson Coors, and MediaNews.
Denver, CO Demographics
- Total Population678,467
Female 339,400Male 339,067
- Median Age34.4
Average Rent in Denver, CO
- Denver, CO Average Rental Price, December 2019 $1,652 /mo
Denver, CO Apartment Rent Ranges
- > $2,00019%
Denver, CO Rent Trends
|Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Dec / 2019|
Average rent is projected to grow by 3% in 2019 compared to 2018.
Please note that projected rent growth is calculated at city level.
Denver, CO Households
- Total Number of Households287,262
Family 139,696Non-family 147,566
Children 72,585No Children 214,677
- Average People Per Household2.31
- Median Household Income$60,098
- Median Housing Costs Per Month$1,223
Denver, CO Education Statistics
- No High School6%
- Some High School25%
- Some College20%
- Associate Degree5%
- Bachelor Degree27%
- Graduate Degree16%
Looking for a cheap apartment for rent in Denver, CO? With RENTCafé, finding an affordable apartment in Denver, CO has never been easier. We feature 719 low-priced rentals directly from property managers, with rents lower than the Denver, CO average. What is a cheap rent in Denver, CO? The average apartment rent in Denver is $1,652 per month so any rental south of $1,322 would be considered cheap here. On RENTCafé, Denver, CO rents go as low as $750/mo.