Cheap Low Income Apartments for Rent in Colorado Springs, CO from $400 (20 Rentals)

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

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Fir Tree
Rent Specials
$799 - $1,149
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,149

Total Monthly Price
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1 to 2 Bedroom Apartments Contact Us For Availability

Fir Tree

3835 Radiant DrColorado Springs, CO 80917
Affordability
  • Verified
  • Utilities Included
  • Low Income

Colorado Springs's Best Affordable Neighborhoods

Learn about Colorado Springs and the best places to live with original content written by our Local Expert Darla Ferrara

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Sumner House
$1,092 - $1,404
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,092 - $1,404

Total Monthly Price
$1,092 - $1,404
Studio to 2 Bedroom Apartments Contact Us For Availability

Sumner House

335 Victoria stColorado Springs, CO 80903
Affordability
  • Verified
  • Utilities Included
  • Low Income

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Westmeadow Peaks
$1,218 - $1,683
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,218 - $1,683

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Westmeadow Peaks

1472 Meadow Peak VwColorado Springs, CO 80906
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Academy Heights Apartments
Rent Specials
$1,244 - $1,754
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,244 - $1,754

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Academy Heights Apartments

1340 Inverness DrColorado Springs, CO 80910
Affordability
  • Verified
  • Low Income
  • 3D Tour

Colorado Springs, CO Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 $750.

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

The cheapest apartment in Colorado Springs is Pinewood Apartments which is listed at $695, while the average apartment in Colorado Springs costs $2,607.

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 1,395 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 $519 which is $2,088 cheaper than the average rent for all rentals in Colorado Springs.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods

Written by: Darla Ferrara

If your perfect college experience involves a blend of breathtaking mountain views and vibrant city living, then Colorado Springs, CO, might be the right choice for you.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.