Cheap New Apartments for Rent in Colorado Springs, CO from $500 (42 Rentals)

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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.

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VIM
Rent Specials
$1,127 - $2,782Built in 2023Studio to 2 Bedroom Apartments Available Now

VIM

322 E Vermijo AveColorado Springs, CO 80903
Corporate Housing
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  • Customer Reviewed
  • Matterport 3D Tour
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22 Spruce
Rent Specials
$1,150 - $1,490Built in 2017Studio to 1 Bedroom Apartments Available Now

22 Spruce

22 N Spruce StColorado Springs, CO 80905
Transit Friendly
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  • Customer Reviewed
  • Matterport 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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333 ECO
Rent Specials
$1,198 - $3,015Built in 2017Studio to 2 Bedroom Apartments Available Now

333 ECO

333 E Colorado AveColorado Springs, CO 80903
Corporate Housing
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Shooks Run
Built in 20211 to 3 Bedroom Apartments

Shooks Run

842 S Royer StColorado Springs, CO 80903
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Atrium at Austin Bluffs
Built in 20211 to 2 Bedroom Apartments

Atrium at Austin Bluffs

4921 Templeton Gap RdColorado Springs, CO 80923
Senior Living
  • Utilities Included

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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Cottages at Pikeview
Built in 2020Studio to 2 Bedroom Apartments

Cottages at Pikeview

3850 Shafer HtsColorado Springs, CO 80907
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Cottages at Sand Creek
Built in 2020Studio to 2 Bedroom Apartments

Cottages at Sand Creek

4046 Mallette HtsColorado Springs, CO 80916
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Cottages at South Murray
Built in 2025Studio to 2 Bedroom Apartments

Cottages at South Murray

2023 Murray Creek PtColorado Springs, CO 80916
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833 E Platte Ave
Built in 2024Studio to 2 Bedroom Apartments

833 E Platte Ave

833 E Platte AveColorado Springs, CO 80903
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Paloma Garden
Built in 20241 to 2 Bedroom Apartments

Paloma Garden

930 S Chelton RdColorado Springs, CO 80910
Senior Living
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Sumner House
Built in 2024Studio to 2 Bedroom Apartments

Sumner House

335 Victoria stColorado Springs, CO 80903
  • Utilities Included
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3410 N Carefree Cir
Built in 2022Studio to 1 Bedroom Apartments

3410 N Carefree Cir

3410 N Carefree CirColorado Springs, CO 80917
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Elements at Briargate
Built in 20171 to 2 Bedroom Apartments

Elements at Briargate

9403 Cadmium ViewColorado Springs, CO 80920

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Colorado Springs, CO
Population: 472,688

Ranked #39

in US Census Population by City

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Pet Friendly Lifestyle
Colorado Springs, CO

Ranked #5

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

Explore Colorado Springs, CO Rentals by Map

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Colorado Springs, CO Apartments Map
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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

Frequently Asked Questions about Cheap Colorado Springs Apartments

What is the Cheapest Studio apartment in Colorado Springs?

Currently the most affordable Cheap Studio Apartment in Colorado Springs is at Alta Apartments listed at $745.

How much is rent for a Cheap One Bedroom Colorado Springs Apartment?

The lowest price for a Cheap One Bedroom Colorado Springs Apartment is $699 at Southgate Commons.

What is the lowest price for a Cheap Two Bedroom Colorado Springs Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Colorado Springs is starting from $588 at Bentley Commons.

What is the most affordable Colorado Springs Three Bedroom Apartment?

The best deal on a cheap Colorado Springs Three Bedroom Apartment rental is at 11 West | Student Housing and starts from $540.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.