
Cheap Apartments for Rent by Owner in Colorado Springs, CO from $500 (1 Rental)
Search the lowest-cost Apartments available for rent right now in Colorado Springs.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Colorado Springs?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Colorado Springs Studio Apartments | $1,306 | $725 | $2,800 |
Colorado Springs 1 Bedroom Apartments | $1,514 | $600 | $4,875 |
Colorado Springs 2 Bedroom Apartments | $1,814 | $588 | $6,399 |
Colorado Springs 3 Bedroom Apartments | $2,187 | $540 | $4,452 |
Colorado Springs 4 Bedroom Apartments | $2,659 | $1,719 | $3,750 |
Explore Colorado Springs

Colorado Springs, CO Local Guide
- Colorado Springs Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Quick Rent Budget Calculator
How much rent can you afford?
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.
Colorado Springs, COPopulation: 472,688
Ranked #39
in US Census Population by City
Pet Friendly LifestyleColorado Springs, CO
Ranked #5
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Colorado Springs, CO Rentals by Map
See the most popular apartments and homes in Colorado Springs, CO
Getting Around Colorado Springs, CO
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
26 / 100
Some Transit
A few nearby public transportation options
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 Colorado Springs Apartments
What is a cheap apartment in Colorado Springs?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Colorado Springs is under $775.
What is the price of a cheap apartment in Colorado Springs?
The cheapest apartment in Colorado Springs is Arbor Pointe Apartments which is listed at $739, while the average apartment in Colorado Springs costs $2,392.
What types of apartments are the cheapest in 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 1,909 regular apartments in 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 Colorado Springs?
Cheap apartments in Colorado Springs have an average cost of $456 which is $1,936 cheaper than the average rent for all rentals in 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.

A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO
Written by: Darla Ferrara
Just the name Colorado Springs makes me think of home. I’m Darla, your ApartmentHomeLiving.com Local Expert for Colorado Springs, CO.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.