Cheap Apartments for Rent in the Downtown Neighborhood of Colorado Springs, CO from $500 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Colorado Springs.
![The Village at Homewood Point](https://images1.apartmenthomeliving.com/i2/YwsJDD8LMFNRqInimv4f9gqrEKfXysCfX_S21DzTyP4/117/image.jpg?p=1)
The Village at Homewood Point
![Summit View Apartments](https://images1.apartmenthomeliving.com/i2/cwDlzcBT9voiHty50V3jVGLojtl2uwucUefmHGKV4bI/117/image.jpg?p=1)
Summit View Apartments
![Applewood Apartments](https://images1.apartmenthomeliving.com/i2/R_tKrfAtaDaO6nUMBWYQddwCq1ZSaDUEICegQwf2hGk/117/image.jpg?p=1)
Applewood Apartments
![Tamarac](https://images1.apartmenthomeliving.com/i2/jKllh6rDmbf2cNqMK1qre8D-clJley8PWjwQyf2lB1E/117/image.jpg?p=1)
Tamarac
![Rosewood Apartments](https://images1.apartmenthomeliving.com/i2/JNjYsGSdk34qRnZSb_i-DNmSy3B_ISEeEkwM_wL0orE/117/image.jpg?p=1)
Rosewood Apartments
![Sienna Place](https://images1.apartmenthomeliving.com/i2/94kFoUmc60z7cr0FdCx9VOcj6DJr5uZBAeCAUpvsjHk/117/image.jpg?p=1)
Sienna Place
![Union Blvd Apartments](https://images1.apartmenthomeliving.com/i2/2oPh3TCofpRHF_OT9NF_rBwJMjOsiF2mCdVF-j1oCes/117/image.jpg?p=1)
Union Blvd Apartments
![Bonfoy Apartments](https://images1.apartmenthomeliving.com/i2/7vdYJ80GKle4zC2j4zt8jrZk1IQPLCnTa9qOpCHGRVM/117/image.jpg?p=1)
Bonfoy Apartments
![Sumner House](https://images1.apartmenthomeliving.com/i2/1rvtGLJjcyxnUf539qLLeDSfjxODOlTwlPDxps9erVM/117/image.jpg?p=1)
Sumner House
![VIM](https://images1.apartmenthomeliving.com/i2/NBVtmj-cA1tZhiySOZr0rRvUbRNI87r9eGMfsSZfpnQ/117/image.jpg?p=1)
VIM
![Elevate Apartment Homes](https://images1.apartmenthomeliving.com/i2/-xNOtCNwWhSfHOBwhMUjk8_ZRUhuJhGAe_mWlwTbmKQ/117/image.jpg?p=1)
Elevate Apartment Homes
![833 E Platte Ave](https://images1.apartmenthomeliving.com/i2/YATQwwh7XwuudYK-cTa_3bwhxKpeEVk3dtvaSUi-mW8/117/image.jpg?p=1)
833 E Platte Ave
![Chateau Too Apartments](https://images1.apartmenthomeliving.com/i2/ZaI7AaPXOo2B-8rbxEwCT8P_ic3hguE7qBlTlX9GpdY/117/image.png?p=1)
Chateau Too Apartments
![Experience at Epicenter](https://images1.apartmenthomeliving.com/i2/zu5UXvq466Nkx7q1sEGt-HBFD1aSPYIEvGlsquVkBdg/117/image.png?p=1)
Experience at Epicenter
Downtown, Colorado Springs, CO Local Guide
![Apartments for rent in Downtown, CO](https://images1.apartmenthomeliving.com/i2/VQ7PS7m7R8VO1DnZGab1YEsYItNEhlbYSzO62Ju7tgc/117/image.jpg)
How much does it cost to rent an apartment in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Studio Apartments | $1,575 | $880 | $2,800 |
Downtown 1 Bedroom Apartments | $1,789 | $700 | $2,966 |
Downtown 2 Bedroom Apartments | $2,290 | $950 | $4,268 |
Downtown 3 Bedroom Apartments | $2,011 | $1,295 | $3,892 |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Colorado Springs, CO.
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Downtown, Colorado Springs, CO Local Guide
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Cheapest Available Downtown Apartments for Rent
 The cheapest available apartment rental in the Downtown area of Colorado Springs, CO is a 1 Bed unit found at The Village at Homewood Point priced from $700. Applewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $880. Here are the most affordable Downtown apartments for rent in Colorado Springs, CO:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Village at Homewood Point | 1x1 40% | 1BR,1BA | $700 |
Applewood Apartments | Studio | Studio,1BA | $880 |
Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $899 |
Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $929 |
Downtown Studio Apartment for rent | 0BR/1.0BA | Studio,1BA | $950 |
Bonfoy Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,050 |
Sumner House | C | Studio,1BA | $1,090 |
Summit View Apartments | 2 Bedroom | 2BR,1BA | $1,095 |
VIM | Allegro 1 | Studio,1BA | $1,099 |
Sienna Place | 2X1 | 2BR,1BA | $1,099 |
Best Value Apartments for Rent in Downtown, CO
As of February 18, 2025 the best value apartment in the Downtown area is the $0.60 price per square foot 118 E Brookside St Model at 118 E Brookside St, Unit Apt A in the in the Downtown neighborhood starting from $1,495. The second greatest value Downtown apartment is the 2 Beds, 1 Baths Model at Rosewood Apartments starting at $899 with a $1.00 price per square foot in the Memorial Park neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
118 E Brookside St, Unit Apt A | 118 E Brookside St | 1BR,1BA | $0.60 |
Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.00 |
Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
Prospect Park | 2x1 | 2BR,1BA | $1.41 |
Villas In Southgate | 2BR/1BA | 2BR,1BA | $1.75 |
Sienna Place | 2X1 | 2BR,1BA | $1.51 |
Elevate Apartment Homes | KaloSolo-Premium | 1BR,1BA | $1.82 |
Homewood Point Apartments | One Bedroom | 1BR,1BA | $1.01 |
The Village at Homewood Point | 1x1 50% | 1BR,1BA | $1.54 |
Bonfoy Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.83 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown, Colorado Springs, CO
Ranked #16
Among neighborhoods in Colorado Springs, CO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States including Downtown, Colorado Springs, and the greater Colorado Springs area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Apartments
What is the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at Applewood Apartments listed at $880.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $700 at The Village at Homewood Point.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $899 at Rosewood Apartments.
What is the most affordable Downtown Three Bedroom Apartment?
The best deal on a cheap Downtown Three Bedroom Apartment rental is at Summit View Apartments and starts from $1,295.
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.
![decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article](https://assets.apartmenthomeliving.com/content/posts/19321224-understanding_amenity_fees_know_where_you_might_be_able_to_save_money.jpg)
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.
![decorative image for What to Know About Fees and Fines When Renting article](https://assets.apartmenthomeliving.com/content/posts/18447499-what_to_know_about_fees_and_fines_when_renting.jpg)
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
![decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article](https://assets.apartmenthomeliving.com/content/posts/19302864-how_your_move_in_inspection_can_protect_your_security_deposit.jpg)
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.
![decorative image for Signing Your Apartment Lease: The Basics article](https://assets.apartmenthomeliving.com/content/posts/18447535-signing_your_apartment_lease_the_basics.jpg)
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.