Cheap Apartments for Rent in Palmer Lake, CO from $1,000 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Palmer Lake.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Eagle Ridge
1 to 2 Bedroom Apartments

Eagle Ridge

830 Vindicator DrColorado Springs, CO 80919
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Bella Springs
1 to 3 Bedroom Apartments

Bella Springs

1050 Milano Point PtColorado Springs, CO 80921

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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Meadows Apartments
1 to 2 Bedroom Apartments

Meadows Apartments

600 N Coraline StWoodland Park, CO 80863
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La Bella Vita
1 to 2 Bedroom Apartments

La Bella Vita

4986 Amarosa Heights DrColorado Springs, CO 80920
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Palmer Lake, CO Local Guide

Cheapest Available Palmer Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmer Lake, CO is a 1 Bed unit found at The Vue at Chapel Hills in the Rockrimmon neighborhood priced from $1,050. Center Pointe in the Rockrimmon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here is today’s list of the most affordable Palmer Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Vue at Chapel Hills1/1.00-Renovated1BR,1BA$1,050
Center Pointe1BR Small1BR,1BA$1,075
InterQuest RidgeOne Bedroom1BR,1BA$1,101
Eagle RidgeDrakes Nest Eagles View1BR,1BA$1,150
The Towne at NorthgateGrays PeakStudio,1BA$1,214
The Glen at BriargatePinon1BR,1BA$1,288
Villages at WoodmenKaloDuo2BR,1BA$1,292
Springs at NorthgateStudio Grand OverlookStudio,1BA$1,317
Forge at BriargateDash1BR,1BA$1,319
Elements at BriargatePalladium1BR,1BA$1,345

Best Value Apartments for Rent in Palmer Lake, CO and Nearby

As of May 12, 2025 the best value apartment in the Palmer Lake area is the $1.88 price per square foot 3 BR/2.5BA+ Garage Model at The Lofts at Polaris Pointe in the in the Northgate neighborhood starting from $2,900. The second greatest value Palmer Lake apartment is the Mirror Lake Model at Volta at Voyager starting at $2,394 with a $1.84 price per square foot in the Northgate neighborhood. Here is today’s list of the best values for Palmer Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lofts at Polaris Pointe3 BR/2.5BA+ Garage3BR,2.5BA$1.88
Volta at VoyagerMirror Lake3BR,2BA$1.84
RidgePointe at GleneagleSnowcloud3BR,2BA$1.80
FalconView2x22BR,2BA$1.74
Talon HillThe Florence2BR,2BA$1.70
Villages at WoodmenKaloDuo2BR,1BA$1.42
Bella SpringsBotticelli1BR,1BA$1.84
The Parc at BriargateJuniper1BR,1BA$1.78
Eagle RidgeDrakes Nest Eagles View1BR,1BA$1.46
InterQuest RidgeOne Bedroom1BR,1BA$1.73

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Palmer Lake, CO

Ranked #63

Among cities in Colorado for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Palmer Lake, CO Rentals by Map

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See the most popular apartments and homes in Palmer Lake, CO

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Getting Around Palmer Lake, CO

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Palmer Lake Apartments

What is the Cheapest Studio apartment in Palmer Lake?

Currently the most affordable Cheap Studio Apartment in Palmer Lake is at The Towne at Northgate listed at $1,214.

How much is rent for a Cheap One Bedroom Palmer Lake Apartment?

The lowest price for a Cheap One Bedroom Palmer Lake Apartment is $1,050 at The Vue at Chapel Hills.

What is the lowest price for a Cheap Two Bedroom Palmer Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palmer Lake is starting from $1,250 at Center Pointe.

What is the most affordable Palmer Lake Three Bedroom Apartment?

The best deal on a cheap Palmer Lake Three Bedroom Apartment rental is at InterQuest Ridge and starts from $1,538.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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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.

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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.