Cheap Apartments for Rent in the South Colorado Springs Neighborhood of Colorado Springs, CO from $600 (133 Rentals)

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

property at 107 E Motor Way

107 E Motor Way

Colorado SpringsCO80905
Showing Results 1-50, Page 1 of 3

South Colorado Springs, Colorado Springs, CO Local Guide

Cheapest Available South Colorado Springs Apartments for Rent

 

The cheapest available apartment rental in the South 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 South 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
Fairway Valley ApartmentsStudioStudio,1BA$775
Urban Edge ApartmentsStudioStudio,1BA$795
Westwind Apartments1Bed/1Bath1BR,1BA$799
Sedona Ridge Apartments0BD, 1BTH AStudio,1BA$808
Oakridge on the GreenAshcroft- C Grade1BR,1BA$816
Marmont Springs Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Willowbrook ApartmentsStudioStudio,1BA$825
Riverbend Apartments1 Bedroom1BR,1BA$845

Best Value Apartments for Rent in South Colorado Springs, CO

As of March 29, 2025 the best value apartment in the South Colorado Springs area is the $1.21 price per square foot 3215 Gilcrest Terrace Model at 3215 Gilcrest Terrace in the in the Stratton Meadows neighborhood starting from $2,749. The second greatest value South Colorado Springs apartment is the 2614 Spur Dr Model at 2614 Spur Dr starting at $1,975 with a $1.08 price per square foot in the Deerfield Hills neighborhood. Here is today’s list of the best values for South Colorado Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3215 Gilcrest Terrace3215 Gilcrest Terrace4BR,3BA$1.21
2614 Spur Dr2614 Spur Dr4BR,2BA$1.08
2205 Fernwood Dr2205 Fernwood Dr4BR,2BA$1.26
The Townhouse ApartmentsLarge 2 bed/1.5 bath apartment with HUGE baseme...2BR,1.5BA$1.13
Regal Estates1 Bed 1 Bath1BR,1BA$0.85
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$1.00
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.24
Shooks Run1x1 40%1BR,1BA$0.99
Homewood Point ApartmentsOne Bedroom1BR,1BA$1.01

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
South Colorado Springs, Colorado Springs, CO

Ranked #3

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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Best Local Schools in
South Colorado Springs, Colorado Springs, CO

School data provided by Great Schools

Best Local Schools in
South Colorado Springs, Colorado Springs, CO

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Colorado including South Colorado Springs, Colorado Springs, and the greater Colorado Springs area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South Colorado Springs Apartments

What is a cheap apartment in South Colorado Springs?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Colorado Springs is under $845.

What is the price of a cheap apartment in South Colorado Springs?

The cheapest apartment in South Colorado Springs is The Village at Homewood Point which is listed at $700, while the average apartment in South Colorado Springs costs $1,893.

What types of apartments are the cheapest in South Colorado Springs?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 168 regular apartments in South Colorado Springs that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Colorado Springs?

Cheap apartments in South Colorado Springs have an average cost of $435 which is $1,458 cheaper than the average rent for all rentals in South Colorado Springs.

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.