Cheap Apartments for Rent in the Downtown Neighborhood of Colorado Springs, CO from $500 (59 Rentals)

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

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225 E Brookside St
$695Studio, 1 Bath Rentals

225 E Brookside St

Colorado Springs, CO 80905
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107 E Motor Way
$1,0502 Bedroom, 1 Bath RentalsAvailable Now

107 E Motor Way

Colorado Springs, CO 80905
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750 E Platte Ave
$1,3002 Bedroom, 1 Bath RentalsAvailable Now

750 E Platte Ave

Colorado Springs, CO 80903
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1505 E Kiowa St
Studio Apartments

1505 E Kiowa St

1505-1511 E Kiowa StColorado Springs, CO 80909
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Shooks Run
1 Bedroom Apartments

Shooks Run

842 S Royer StColorado Springs, CO 80903
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618 N Weber St
Studio to 1 Bedroom Apartments

618 N Weber St

618 N Weber StColorado Springs, CO 80903
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Ivywild Flats
1 to 2 Bedroom Apartments

Ivywild Flats

316 E BrooksideColorado Springs, CO 80905
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1602 S Wahsatch Ave
1 Bedroom Apartments

1602 S Wahsatch Ave

1602 S Wahsatch AveColorado Springs, CO 80905
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616 N Weber St
1 Bedroom Apartments

616 N Weber St

616 N Weber StColorado Springs, CO 80903
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Cascade Park
Studio to 1 Bedroom Apartments

Cascade Park

624 N Cascade AveColorado Springs, CO 80903
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Aspen Creek
1 Bedroom Apartments

Aspen Creek

319-321 E Brookside StColorado Springs, CO 80905
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608 N Nevada Ave
1 Bedroom Apartments

608 N Nevada Ave

608 N Nevada AveColorado Springs, CO 80903
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Boulder Crescent
Studio to 3 Bedroom Apartments

Boulder Crescent

30 Boulder Crescent StColorado Springs, CO 80903
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Park Bonfoy
Studio to 1 Bedroom Apartments

Park Bonfoy

129 Bonfoy AveColorado Springs, CO 80909
Showing Results 1-50, Page 1 of 2

Downtown, Colorado Springs, CO Local Guide

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 ListingModel NameBed/BathPriced From
The Village at Homewood Point1x1 40%1BR,1BA$700
Applewood ApartmentsStudioStudio,1BA$880
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$899
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$929
Downtown Studio Apartment for rent0BR/1.0BAStudio,1BA$950
Bonfoy Apartments1 Bed 1 Bath1BR,1BA$1,050
Sumner HouseCStudio,1BA$1,090
Summit View Apartments2 Bedroom2BR,1BA$1,095
VIMAllegro 1Studio,1BA$1,099
Sienna Place2X12BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
118 E Brookside St, Unit Apt A118 E Brookside St1BR,1BA$0.60
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$1.00
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Prospect Park2x12BR,1BA$1.41
Villas In Southgate2BR/1BA2BR,1BA$1.75
Sienna Place2X12BR,1BA$1.51
Elevate Apartment HomesKaloSolo-Premium1BR,1BA$1.82
Homewood Point ApartmentsOne Bedroom1BR,1BA$1.01
The Village at Homewood Point1x1 50%1BR,1BA$1.54
Bonfoy Apartments1 Bed 1 Bath1BR,1BA$1.83

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown, Colorado Springs, CO

Ranked #16

Among neighborhoods in Colorado Springs, CO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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