Cheap Apartments for Rent in the Downtown Neighborhood of Colorado Springs, CO from $500 (49 Rentals)
Explore the Best Cheap Apartments in Downtown area of Colorado Springs for Renters Looking for a Great Deal on Lower Cost Rent for the Area.
225 E Brookside St
805 S Logan Ave
Summit View Apartments
Applewood Apartments
Tamarac
316 E Brookside St
Rosewood Apartments
Sienna Place
Union Blvd Apartments
Elevate Apartment Homes
423 N Wahsatch Ave
529 N NEVADA Ave
802 Sunset Rd
Bonfoy Apartments
Sumner House
107 E Motor Way
2107 Preuss Rd
417 Swope Ave
Chateau Too Apartments
227 S Prospect St
The Bonfoy Apartments
Meadows Pointe Apartments
1505 E Kiowa St
Shooks Run
618 N Weber St
May Drive Apartments
Hillside Pointe Apartments
SMI Sapphire Springs, LLC
Ivywild Flats
Ivy at Cheyenne Creek
1602 S Wahsatch Ave
616 N Weber St
Cascade Park
The Woods Apartments
Aspen Creek
608 N Nevada Ave
Park Bonfoy
Boulder Crescent
Downtown Studio Apartment for rent
Wyndam Place Senior Colorado Springs
Parkmoor Apartments
611-615 Cascade Avenue
Brookside Apartments
Prospect Park
Glenpond Apartments
2 E. Boulder
1317 E. Las Animas St
911 North Wahsatch Ave
Downtown, Colorado Springs, CO Local Guide
How much does it cost to rent an apartment in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Studio Apartments | $1,530 | $545 | $2,800 |
Downtown 1 Bedroom Apartments | $1,811 | $650 | $2,966 |
Downtown 2 Bedroom Apartments | $2,301 | $895 | $4,268 |
Downtown 3 Bedroom Apartments | $1,885 | $995 | $3,892 |
Downtown 4 Bedroom Apartments | $2,600 | $2,600 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 49 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. May Drive Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $799. 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 |
May Drive Apartments | 0 Beds, 1 Baths | Studio,1BA | $799 |
SMI Sapphire Springs, LLC | 2 X 1SMI Sapphire Springs, LLC | 2BR,1BA | $850 |
Applewood Apartments | Studio | Studio,1BA | $880 |
Sienna Place | 1X1 | 1BR,1BA | $899 |
Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $899 |
Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $929 |
Boulder Crescent | Efficiency | Studio,1BA | $995 |
Downtown Studio Apartment for rent | 0BR/1.0BA | Studio,1BA | $1,000 |
Bonfoy Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Downtown, CO
As of January 06, 2025 the best value apartment in the Downtown area is the $1.58 price per square foot KaloTrio-Premium Model at Elevate Apartment Homes in the in the Downtown neighborhood starting from $1,707. The second greatest value Downtown apartment is the 2 Beds, 1 Baths Model at Union Blvd Apartments starting at $929 with a $1.03 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. |
---|---|---|---|
Elevate Apartment Homes | KaloTrio-Premium | 3BR,2BA | $1.58 |
Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.00 |
Prospect Park | 2x1 | 2BR,1BA | $1.41 |
Villas In Southgate | 2BR/1BA | 2BR,1BA | $1.75 |
SMI Sapphire Springs, LLC | 2 X 1SMI Sapphire Springs, LLC | 2BR,1BA | $1.17 |
Sienna Place | 1X1 | 1BR,1BA | $1.23 |
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 |
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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 May Drive Apartments listed at $799.
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 $850 at SMI Sapphire Springs, LLC.
What is the most affordable Downtown Three Bedroom Apartment?
The best deal on a cheap Downtown Three Bedroom Apartment rental is at SMI Sapphire Springs, LLC and starts from $995.
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.
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.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
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.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.