Cheap Apartments for Rent in Colorado Springs, CO from $500(316 Rentals)

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316 E Brookside St
$8991 Bedroom, 1 Bath Home for RentAvailable Now

316 E Brookside St

Colorado Springs, CO 80905
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Colorado Springs, CO Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Colorado Springs, CO

Pricing Updated: 12/24/2024

Current apartment rentals in the Colorado Springs, CO area range in price from $545 to $24,296 with an overall median price of $2,239. The three Colorado Springs neighborhoods with the lowest median rent pricing are Fountain Valley at $725, Discovery at $1,195, and Fountain Valley Ranch at $925. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Colorado Springs Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fountain Valley$945$7254
Discovery$1,195$1,1951
Fountain Valley Ranch$1,275$9251
North End Colorado Springs$1,495$62556
Palmer Park$1,495$625293
Knob Hill$1,550$739132
Park Hill$1,556$795232
Southwest Colorado Springs$1,599$650135
Oak Valley Ranch$1,649$1,2453
Peregrine$1,649$1,10711

Cheapest Available Colorado Springs Apartments for Rent

 

The cheapest available apartment rental in Colorado Springs, CO is a Studio unit found at Westwind Apartments in the Deerfield Hills neighborhood priced from $699. The Village at Homewood Point in the Downtown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Colorado Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westwind ApartmentsStudioStudio,1BA$699
The Village at Homewood Point1x1 40%1BR,1BA$700
411 South Santa Fe Avenue1 X 1411 South Santa Fe Avenue1BR,1BA$700
11 West | Student HousingThree Bedroom3BR,3BA$769
Traditions at Colorado SpringsStudioStudio,1BA$794
Urban Edge ApartmentsStudioStudio,1BA$795
May Drive Apartments0 Beds, 1 BathsStudio,1BA$799
Marmont Springs Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Willowbrook ApartmentsStudioStudio,1BA$825
Citadel WestCTEF1BR,1BA$825

Best Value Apartments for Rent in Colorado Springs, CO

As of December 25, 2024 the best value apartment in the Colorado Springs area is the $1.18 price per square foot 2 Bedroom 1 Bath Model at Aspen Townhomes in the in the Eastborough neighborhood starting from $1,625. The second greatest value Colorado Springs apartment is the Two Bedroom Model at 11 West | Student Housing starting at $919 with a $0.90 price per square foot in the Venetian Village neighborhood. Here is today’s list of the best values for Colorado Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen Townhomes2 Bedroom 1 Bath2BR,1BA$1.18
11 West | Student HousingTwo Bedroom2BR,2BA$0.90
Regal Estates1 Bed 1 Bath1BR,1BA$0.85
Mason Manor Apartments2b/1b Renovated2BR,1BA$1.19
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$1.00
Citadel Village ApartmentsVail2x1 NO UPGRADES2BR,1BA$1.22
Jubilee Apartments2 Beds, 1 Baths2BR,1BA$1.17
Mountain Pointe ApartmentsOne Bedroom1BR,1BA$1.24
Homewood Point ApartmentsOne Bedroom1BR,1BA$1.01

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Colorado Springs Overview

There is a good reason US News, World Report, among others have rated Colorado Springs as one of the best places to live in the US. With an abundance of outdoor activities and booming city life, it is no wonder people want to call this place home. And the apartments in Colorado Springs reflect this great city’s beautiful scenery.

Why live in Colorado Springs, CO?

There are many reasons to want to live in Colorado Springs. First of all, the weather is beautiful and sunny for most of the year. If you enjoy getting outside, this is the place you want to be. You can live fairly close to major ski resorts without the high cost of living associated with them. And the skyline is beautiful with its view of the majestic Rockies. There are also some very practical reasons to love this city including low unemployment and lower than average commute time. In fact, US News recently ranked it as the #5 best place to live based on its quality of life and job market.

Colorado Springs, CO
Population: 472,688

Ranked #39

in US Census Population by City

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Pet Friendly Lifestyle
Colorado Springs, CO

Ranked #5

Among cities in Colorado for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Colorado Springs, CO Rentals by Map

View MapColorado Springs, CO Apartments MapView MapColorado Springs, CO Rental Homes Map

Getting Around Colorado Springs, CO

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Colorado Springs Apartments

What is the Cheapest Studio apartment in Colorado Springs?

Currently the most affordable Cheap Studio Apartment in Colorado Springs is at Westwind Apartments listed at $699.

How much is rent for a Cheap One Bedroom Colorado Springs Apartment?

The lowest price for a Cheap One Bedroom Colorado Springs Apartment is $700 at The Village at Homewood Point.

What is the lowest price for a Cheap Two Bedroom Colorado Springs Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Colorado Springs is starting from $850 at SMI Sapphire Springs, LLC.

What is the most affordable Colorado Springs Three Bedroom Apartment?

The best deal on a cheap Colorado Springs Three Bedroom Apartment rental is at 11 West | Student Housing and starts from $769.

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.

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Signing Your Apartment Lease: The Basics

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

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