
Cheap Apartments for Rent in the Cheyenne Hills Neighborhood of Colorado Springs, CO from $600 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cheyenne Hills area of Colorado Springs.


1501 Coolcrest Dr

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Sedona Ridge Apartments

514 Warren Ave

1501 Coolcrest Dr

225 E Brookside St

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Garrison Edge

Alta Apartments

325 May Dr

Applewood Apartments
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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Marmont Springs Apartments

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Sienna Place

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The Residence at Skyway

Tamarac

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110 1/2 West Cheyenne Road

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Mountain Ridge

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Fountain Oaks

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Peak 1535 on South 8th Street

4321 Lashelle Ave

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4311 Ericson Dr, Unit 3
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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The Vue at Spring Creek

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Cheyenne Crest

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Copper Chase

900 Saturn Dr

4319 Lashelle Ave

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Luxe Tower

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Lookout at Broadmoor

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4205 Loomis Ave

319-321 E Brookside St, Unit 17

Meadows At Cheyenne Mountain
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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Cheyenne Crossing

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Westmeadow Peaks

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Mountain View

921 Green Star Dr, Unit 101

369 Fairway S

Meadows Pointe Apartments

SMI Sapphire Springs, LLC

Westwind Apartments

Riverbend Apartments - Offboarding

Southgate Commons
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.

Hillside Pointe Apartments

1411 S Corona Ave

Gardens at Hidden Creek Apartments

Ivywild Flats

Kalo Broadmoor Tower

Creek View Apartments

Pebble Creek

Brookside Apartments

Ivy at Cheyenne Creek

1602 S Wahsatch Ave
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.
Cheyenne Hills, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Cheyenne Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheyenne Hills Studio Apartments | $926 | $799 | $1,499 |
| Cheyenne Hills 1 Bedroom Apartments | $1,263 | $805 | $2,430 |
| Cheyenne Hills 2 Bedroom Apartments | $1,583 | $943 | $3,895 |
| Cheyenne Hills 3 Bedroom Apartments | $1,989 | $1,329 | $3,230 |
| Cheyenne Hills 4 Bedroom Apartments | $2,735 | $2,625 | $2,845 |
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Cheyenne Hills Neighborhood of Colorado Springs, CO.
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Cheyenne Hills, Colorado Springs, CO Local Guide
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Cheapest Available Cheyenne Hills Apartments for Rent
 The cheapest available apartment rental in the Cheyenne Hills area of Colorado Springs, CO is a Studio unit found at Garrison Edge priced from $824. Alta Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Cheyenne Hills apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garrison Edge | S1 | Studio,1BA | $824 |
| Alta Apartments | The Peak | Studio,1BA | $825 |
| Applewood Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Gardens at Hidden Creek Apartments | 1/1.00 | 1BR,1BA | $850 |
| Marmont Springs Apartments | Garden | 1BR,1BA | $874 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $875 |
| Sedona Ridge Apartments | 0BD, 1BTH B | Studio,1BA | $880 |
| Pebble Creek | S1 | Studio,1BA | $885 |
| Sienna Place | 1X1 | 1BR,1BA | $902 |
| Kalo Broadmoor Terrace | KaloUnity | Studio,1BA | $909 |
Best Value Apartments for Rent in Cheyenne Hills, CO
As of July 06, 2026 the best value apartment in the Cheyenne Hills area is the $1.31 price per square foot Three Bedroom / Two Bathrooms Model at Spring Creek in the in the Deerfield Hills neighborhood starting from $2,095. The second greatest value Cheyenne Hills apartment is the Two Bedrooms One Bathroom (B3) Model at Lookout at Broadmoor starting at $1,395 with a $1.60 price per square foot in the Stratton Meadows neighborhood. Here is today’s list of the best values for Cheyenne Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spring Creek | Three Bedroom / Two Bathrooms | 3BR,2BA | $1.31 |
| Lookout at Broadmoor | Two Bedrooms One Bathroom (B3) | 2BR,1BA | $1.60 |
| 4205 Loomis Ave | 4205 Loomis Ave | 2BR,1BA | $1.56 |
| Peak 1535 on South 8th Street | 1/1 | 1BR,1BA | $1.38 |
| Sienna Place | 2X1 | 2BR,1BA | $1.41 |
| 4311 Ericson Dr, Unit 3 | 4311 Ericson Dr | 2BR,1BA | $1.46 |
| Fountain Oaks | 1BR/1.0BA | 1BR,1BA | $1.56 |
| Marmont Springs Apartments | Canopy | 1BR,1BA | $1.56 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $1.41 |
| Gardens at Hidden Creek Apartments | Studio B | Studio ,1BA | $1.55 |
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.
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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.
Best Local Schools in Cheyenne Hills, Colorado Springs, CO
School data provided by Great Schools
Lifestyle Ratings
This website is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Colorado Springs. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, places to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Cheyenne Hills Apartments
What is a cheap apartment in Cheyenne Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cheyenne Hills is under $909.
What is the price of a cheap apartment in Cheyenne Hills?
The cheapest apartment in Cheyenne Hills is Gardens at Hidden Creek Apartments which is listed at $850, while the average apartment in Cheyenne Hills costs $2,735.
What types of apartments are the cheapest in Cheyenne Hills?
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 15 regular apartments in Cheyenne Hills 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 Cheyenne Hills?
Cheap apartments in Cheyenne Hills have an average cost of $174 which is $2,561 cheaper than the average rent for all rentals in Cheyenne Hills.
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.

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.

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.