Cheap Apartments for Rent in Colorado Springs, CO from $500 with Utilities Included (57 Rentals)

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Apartments with Utilities Included.

Cheap Apartments in Colorado Springs.

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.

Who Pays for Utilities? Landlord or Tenant?

Your Guide to Understanding Who is Responsible for Which Utilities for When Renting. Click Below to Read More

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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The Bonfoy Apartments
Studio to 2 Bedroom Apartments

The Bonfoy Apartments

112 Bonfoy AveColorado Springs, CO 80909
  • Utilities Included

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.

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Leisure Apartments
1 Bedroom Apartments

Leisure Apartments

2916-2926 W Bijou StColorado Springs, CO 80904
  • Utilities Included
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Westwind Apartments
1 to 2 Bedroom Apartments

Westwind Apartments

1935 Carmel DrColorado Springs, CO 80910
  • Utilities Included
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Park View Apartments
Studio to 2 Bedroom Apartments

Park View Apartments

1430-1470 S Chelton RdColorado Springs, CO 80910
  • Utilities Included
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The Residence at Skyway
1 to 2 Bedroom Apartments

The Residence at Skyway

855-901 S Skyway BlvdColorado Springs, CO 80905
  • Utilities Included
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Parkwood Apartments
2 Bedroom Apartments

Parkwood Apartments

3401-3429 Parkmoor Village DrColorado Springs, CO 80917
  • Utilities Included
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Drexel
1 Bedroom Apartments

Drexel

3914 N Academy BlvdColorado Springs, CO 80917
  • Utilities Included
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Chestnut Heights
Studio to 2 Bedroom Apartments

Chestnut Heights

4335-4343 N Chestnut StColorado Springs, CO 80907
  • Utilities Included

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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The Woods Apartments
1 Bedroom Apartments

The Woods Apartments

215-233 E Arvada StColorado Springs, CO 80905
  • Utilities Included
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Aspen Creek
1 Bedroom Apartments

Aspen Creek

319-321 E Brookside StColorado Springs, CO 80905
  • Utilities Included

Colorado Springs, CO Local Guide

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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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 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 $795.

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

The cheapest apartment in Colorado Springs is Panorama Heights which is listed at $633, while the average apartment in Colorado Springs costs $2,736.

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 2,081 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 $379 which is $2,357 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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.