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Emerson Gardens
(720) 734-9574
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September House
(720) 575-6938
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The Decatur
(970) 572-8984
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The Olin Hotel Apartments
(303) 861-8052
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4945 Meade St
(407) 594-5561 ext: 26
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Alara Union Station
(844) 363-9478
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The Lydian
(720) 443-6300
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Tava Waters
(720) 443-4140
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Capital Hill
(303) 455-5483
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Apartments Under $500 in Denver, CO

1 of 9 Results
8
$25 - 1,389
Emerson Gardens
5.0
910 Emerson St Denver, CO
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Surface Parking
6
$25 - 1,575
September House
1111 S Zuni St Denver, CO
2 BR | Available Now
Contact
Income Restricted
Section 8
Surface Parking
Athmar Park
3
$25 - 1,389
The Decatur
1915 S Decatur St Denver, CO
2 BR | Available Now
Contact
Income Restricted
Section 8
Surface Parking
9
$25 - 920
The Olin Hotel Apartments
3.6
1420 Logan St Denver, CO
Studio - 1 BR | Available Now
Contact
Income Restricted
Downtown Denver
4
$500
4945 Meade St
Denver, CO
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Dishwasher
35
$ Ask - 1,931
Alara Union Station
1975 19th St. Denver, CO
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Fitness Center
21
$ Ask - 3,370
The Lydian
2590 Welton Denver, CO
Studio - 2 BR | Available Now
Contact
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
Fitness Center
Dishwasher
29
$ Ask - 2,012
Tava Waters
9099 Mississippi Ave East Denver, CO
1 - 2 BR | Available Now
Contact
Dog Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
Storage
4
$ Ask - 1,295
Capital Hill
534 Washington Street Denver, CO
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
1 - 9 of 9 Results
  1. Home
  2. Denver
  3. Apartments Under $500

How much does it cost to rent an apartment in Denver?

Denver Apartments
Bed Type Average Rent Range
Studio $1,440 $880 - $2,130
1BR $1,620 $1,080 - $2,850
2BR $2,100 $1,340 - $5,110
3BR $3,000 $1,880 - $7,740
4+BR $3,590 $1,350 - $6,560
Frequently Asked Questions

How many apartments are available in Denver, CO on Rentable.co?

Rentable.co has over 75,554 apartments available in Denver.

What is the average rent for a studio apartment in Denver, CO?

The average rent for a studio apartment in Denver is around $1,440 per month.

What is the average rent for a one-bedroom apartment in Denver, CO?

The average rent for a one-bedroom apartment in Denver is around $1,620 per month.

What is the average rent for a two-bedroom apartment in Denver, CO?

The average rent for a two-bedroom apartment in Denver is around $2,100 per month.

How expensive is living in Denver, CO?

Based on average rent prices in Denver, to afford a studio apartment you would need an annual salary of $58,000 to live comfortably.

How many apartments under $500 are available in Denver, CO on Rentable.co?

Rentable.co has 9 apartments under $500 available for rent in Denver.

Which neighborhoods have the most apartments under $500 for rent in Denver, CO?

  1. Overland
  2. Capitol Hill
  3. Speer
  4. Downtown Denver
  5. Alamo Placita

Asset 2
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Denver:
March Rent Report

Welcome to the March 2023 Denver Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Denver rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Denver and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Denver average rent prices in the chart below.

Monthly Rent Report

Denver Rent Prices Increase From February to March

Denver rent prices increased over the last month. From February to March, the city experienced a 0.54% increase for the price of a one-bedroom apartment. The rent price for a Denver one-bedroom apartments currently stands at $1,665.0.

When we take a look at the two-bedroom comparison from February to March, Denver experienced a -0.55% decrease for the price of a two-bedroom apartment. The rent price for a Denver two-bedroom apartments currently stands at $2,175.0.

March Prices: Denver vs. Surrounding Areas

Rent Prices in Denver and Surrounding Areas

Rent prices have increased in Denver over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Denver suburbs increased last month. On the other hand, 7 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Denver suburbs

  • Rent decreased in Aurora, CO, Lakewood, CO, Littleton, CO, Englewood, CO, Westminster, CO, Thornton, CO, Northglenn, CO.

  • 4 suburbs are currently priced higher than the city of Denver.

  • 3 suburbs are currently priced lower than the city of Denver.

March 2023 Pricing Trends: Denver vs. National Comparisons

Denver Rent Prices More Affordable Than Major Cities

Rent growth in Denver over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Denver average rent prices appear to be relatively affordable for local residents.

The price for a Denver one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Denver and surrounding area rent prices, take a look at the complete data set below.

Data set for Denver and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Denver, CO $1,656.0 -0.66% $2,187.0 -0.46%
Aurora, CO $1,444.0 -0.07% $1,790.0 -0.45%
Lakewood, CO $1,627.0 -0.12% $1,796.0 -1.59%
Littleton, CO $1,820.0 -0.98% $2,080.0 -0.34%
Englewood, CO $1,753.0 -1.46% $2,135.0 -1.25%
Westminster, CO $1,693.0 -1.74% $2,124.0 -3.76%
Thornton, CO $1,689.0 -2.20% $2,057.0 -1.63%
Northglenn, CO $1,454.0 -0.68% $1,730.0 1.23%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.