Cheap Homes for Rent in Downtown Colorado Springs Neighborhood of Colorado Springs, CO from $600 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Colorado Springs area of Colorado Springs.

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Downtown Colorado Springs, Colorado Springs, CO Local Guide

Cheapest Available Downtown Colorado Springs Apartments for Rent

 

The cheapest available apartment rental in the Downtown Colorado Springs area of Colorado Springs, CO is a 1 Bed unit found at The Village at Homewood Point priced from $700. Shooks Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Downtown Colorado Springs apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
The Village at Homewood Point1x1 40%1BR,1BA$700
Shooks Run1x1 40%1BR,1BA$700
Sienna Place1X11BR,1BA$825
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$849
Applewood ApartmentsStudioStudio,1BA$880

Best Value Apartments for Rent in Downtown Colorado Springs, CO

As of April 09, 2025 the best value apartment in the Downtown Colorado Springs area is the $1.07 price per square foot 1 Bed 1 Bath Model at Cascade Park in the in the Downtown neighborhood starting from $1,215. The second greatest value Downtown Colorado Springs apartment is the 2 Bedrooms, 2 Baths Model at Chateau Apartments starting at $1,627 with a $1.51 price per square foot in the Memorial Park neighborhood. Here is today’s list of the best values for Downtown Colorado Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cascade Park1 Bed 1 Bath1BR,1BA$1.07
Chateau Apartments2 Bedrooms, 2 Baths2BR,2BA$1.51
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Prospect Park2x12BR,1BA$1.41
Elevate Apartment HomesKaloDuo2BR,1BA$1.29
Downtown Square2BR/1.0BA2BR,1BA$1.52
The Village at Homewood Point2x1 50%2BR,1BA$1.43
Shooks Run1x1 40%1BR,1BA$0.99
Homewood Point ApartmentsOne Bedroom1BR,1BA$1.01

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Frequently Asked Questions about Downtown Colorado Springs

What type of rentals are currently available in Downtown Colorado Springs?

There are currently 245 Apartments for Rent in Downtown Colorado Springs, CO with pricing that ranges from $700 to $4,452. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Colorado Springs ranging from $600 to $3,900.

What is the current price range for Rental Homes in Downtown Colorado Springs?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Colorado Springs ranges from $600 to $3,900 with an average monthly rent of $1,968.

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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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.