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from $7001 to 2 Bedroom Apartments Available Now
The Village at Homewood Point
907 E Colorado AveColorado Springs, CO 80903
Cheap Apartments for Rent in the Downtown Neighborhood of Colorado Springs, CO from $500 (57 Rentals)
Cheap Apartments in the Downtown area of Colorado Springs.
420 Brookside St
Colorado SpringsCO80905
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from $8492 Bedroom Apartments Available Now
Rosewood Apartments
849 S Union BlvdColorado Springs, CO 80910
307 May Dr
Colorado SpringsCO80905
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from $880Studio to 1 Bedroom Apartments Available Now
Applewood Apartments
505 E Arvada StColorado Springs, CO 80905
319 May Dr
Colorado SpringsCO80905
418 Brookside St
Colorado SpringsCO80905
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from $9292 Bedroom Apartments Available Now
Union Blvd Apartments
801 S Union BlvdColorado Springs, CO 80910
316 E Brookside St
Colorado SpringsCO80905
529 N NEVADA Ave
Colorado SpringsCO80903
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $980Studio to 3 Bedroom Apartments Available Now
Elevate Apartment Homes
402 Crestone LnColorado Springs, CO 80905
311 Brookside St
Colorado SpringsCO80905
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from $995Studio to 2 Bedroom Apartments Available Now
Park Bonfoy
129 Bonfoy AveColorado Springs, CO 80909
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from $9991 to 3 Bedroom Apartments Available Now
Sienna Place
1698 Lenmar DrColorado Springs, CO 80905
804 Sunset Rd
Colorado SpringsCO80909
329 E Dale St
Colorado SpringsCO80903
107 E Motor Way
Colorado SpringsCO80905
1203 E Rio Grande St
Colorado SpringsCO80910
432 Brookside St
Colorado SpringsCO80905
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from $1,159Studio to 2 Bedroom Apartments Available Now
833 E Platte Ave
833 E Platte AveColorado Springs, CO 80903
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $1,186Studio to 2 Bedroom Apartments Contact Us For Availability
Sumner House
335 Victoria stColorado Springs, CO 80903
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from $1,1952 Bedroom Apartments Available Now
Jasmine Springs
425-431 E Willamette AveColorado Springs, CO 80903
913 S Prospect St
Colorado SpringsCO80903
252 Writers Way
Colorado SpringsCO80903
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from $1,265Studio to 2 Bedroom Apartments Available Now
Experience at Epicenter
655 S Sierra Madre StColorado Springs, CO 80903
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from $1,160Studio to 2 Bedroom Apartments Available Now
VIM
322 E Vermijo AveColorado Springs, CO 80903
716 E Boulder St
Colorado SpringsCO80903
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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 | $1,606 | $799 | $2,874 |
| Downtown 1 Bedroom Apartments | $1,815 | $700 | $2,966 |
| Downtown 2 Bedroom Apartments | $2,275 | $839 | $4,788 |
| Downtown 3 Bedroom Apartments | $3,227 | $1,400 | $4,452 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Downtown, Colorado Springs, CO Local Guide
- Nearby Colorado Springs neighborhoods
- Nearby Cities
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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. Shooks Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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 |
| Shooks Run | 1x1 40% | 1BR,1BA | $700 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $849 |
| Applewood Apartments | Studio | Studio,1BA | $880 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $929 |
| Park Bonfoy | S1 | Studio,1BA | $995 |
| Downtown Studio Apartment for rent | 1BR/1.0BA | 1BR,1BA | $1,000 |
| Sienna Place | 2X1 | 2BR,1BA | $1,025 |
| 833 E Platte Ave | The Cosmo | Studio,1BA | $1,159 |
| VIM | Liv 2 | Studio,1BA | $1,160 |
Best Value Apartments for Rent in Downtown, CO
As of May 04, 2025 the best value apartment in the Downtown area is the $1.64 price per square foot KaloTrio-Premium Model at Elevate Apartment Homes in the in the Memorial Park neighborhood starting from $1,765. The second greatest value Downtown apartment is the 2 Beds, 1 Baths Model at Rosewood Apartments starting at $849 with a $0.94 price per square foot in the Patty Jewett 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 | $1.64 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Prospect Park | 2x1 | 2BR,1BA | $1.41 |
| Jasmine Springs | 2BR/1.0BA | 2BR,1BA | $1.52 |
| The Village at Homewood Point | 2x1 50% | 2BR,1BA | $1.43 |
| Sienna Place | 2X1 | 2BR,1BA | $1.41 |
| Shooks Run | 1x1 40% | 1BR,1BA | $0.99 |
| Homewood Point Apartments | One Bedroom | 1BR,1BA | $1.01 |
| Applewood Apartments | 1 Bedroom | 1BR,1BA | $1.94 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown, Colorado Springs, CO
Ranked #24
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 $849 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 Elevate Apartment Homes and starts from $1,765.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.