
Cheap Apartments for Rent in Colorado Springs, CO from $400 with Washer/Dryer (121 Rentals)
Search the lowest-cost Apartments available for rent right now in Colorado Springs.


Bentley Commons

11 West | Student Housing

6435 Chantilly Pl, Unit Chantilly

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Park at Palmer Apartments

225 E Brookside St

1204 Fagin Dr, Unit Private Room

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Newport Square

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Oakridge on the Green

3960 Galley Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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8659 Chancellor Dr

Beverly Place

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The Residence at Skyway

3480 Cochran Dr

Traditions at Colorado Springs

Greentree Village

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Mountain Ridge

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Mountain Manor

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Signature at Promontory Pointe

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5170 Saddle Dr, Unit Studio by UCCS
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.

Copper Range

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Kingsborough Apartments

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Cottages at Chapel Heights

Windmill Apartments

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Ridgeview Place

2503 W Willamette Ave

Berkshire Apartments

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Cottages at Pike View

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Cottages at South Murray

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Cottages at Jetwing
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.

WHITNEY YOUNG MANOR

Yuma Court Townhomes

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Eastcrest Apartments

InterQuest Ridge

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Cheyenne Crest

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VIM

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Cottages at Woodmen Heights

The Creek at Cottonwood

EPERNAY APARTMENTS

980 Holli Springs Ln
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.

Center Pointe

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Cottonwood Terrace

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Cheyenne Crossing

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Alpine Vista

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Nash Springs Apartments

1447 Nokomis Dr

The Goose Apartments

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Academy Heights Apartments

Lynmar Apartments

4715 Scenic Cir, Unit 4
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,282 | $760 | $2,800 |
| Colorado Springs 1 Bedroom Apartments | $1,466 | $650 | $5,025 |
| Colorado Springs 2 Bedroom Apartments | $1,791 | $588 | $6,239 |
| Colorado Springs 3 Bedroom Apartments | $2,301 | $525 | $10,000+ |
| Colorado Springs 4 Bedroom Apartments | $2,822 | $499 | $3,800 |
Explore Colorado Springs

Colorado Springs, CO Local Guide
- Colorado Springs Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleReal 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.
Read ArticleQuick 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.
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
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 $762.
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 $2,403.
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 1,521 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 $453 which is $1,950 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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.