
Cheap Apartments for Rent in the Cheyenne Hills Neighborhood of Colorado Springs, CO from $600 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cheyenne Hills area of Colorado Springs.


1501 Coolcrest Dr

Sedona Ridge Apartments

Sienna Place

1501 Coolcrest Dr

Alta Apartments

325 May Dr

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Marmont Springs Apartments

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Gardens at Hidden Creek Apartments

401 Crestridge Ave
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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The Residence at Skyway

Mountain Ridge

Tamarac

1522 Rainier Dr, Unit BASEMENT, Unit BASEMENT

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Lookout at Broadmoor

837 Oxford Ln, Unit 101

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Fountain Oaks Apartments

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Peak 1535 on South 8th Street

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4311 Ericson Dr, Unit 3, Unit 3

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4339 Ericson Dr, Unit #2, Unit #2
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.

1135 Valley Manor Ct

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Copper Chase

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Cheyenne Crest

225 E Brookside St

900 Saturn Dr

Cheyenne Crossing

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The Vue at Spring Creek

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Westmeadow Peaks

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4205 Loomis Ave

4319 Lashelle Ave
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.

4340 Ericson Dr, Unit 3

Meadows Pointe Apartments

SMI Sapphire Springs, LLC

Westwind Apartments

Southgate Commons

Riverbend Apartments

Hillside Pointe Apartments

Garrison Edge

1411 S Corona Ave

Applewood Apartments
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.

Ivywild Flats

Kalo Broadmoor Tower

Creek View Apartments

Pebble Creek

Brookside Apartments

Ivy at Cheyenne Creek

25 Broadmoor

1602 S Wahsatch Ave

Kalo Broadmoor Terrace

Aspen Creek
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
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 | $918 | $804 | $1,499 |
| Cheyenne Hills 1 Bedroom Apartments | $1,248 | $825 | $2,430 |
| Cheyenne Hills 2 Bedroom Apartments | $1,598 | $943 | $3,895 |
| Cheyenne Hills 3 Bedroom Apartments | $1,983 | $1,400 | $3,751 |
Browse Apartments in this Neighborhood
There are currently 60 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 1 Bed unit found at Southgate Commons priced from $769. Riverbend Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $782. Here are the most affordable Cheyenne Hills apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $769 |
| Riverbend Apartments | 1x1 LVT | 1BR,1BA | $782 |
| Sedona Ridge Apartments | 0BD, 1BTH A | Studio,1BA | $804 |
| Sienna Place | 1X1 | 1BR,1BA | $825 |
| Alta Apartments | The Peak | Studio,1BA | $827 |
| Marmont Springs Apartments | Garden | 1BR,1BA | $849 |
| Gardens at Hidden Creek Apartments | Studio A | Studio,1BA | $850 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $875 |
| 25 Broadmoor | Stratus | Studio,1BA | $899 |
| Pebble Creek | A1 | 1BR,1BA | $899 |
Best Value Apartments for Rent in Cheyenne Hills, CO
As of May 21, 2026 the best value apartment in the Cheyenne Hills area is the $1.37 price per square foot 4205 Loomis Ave Model at 4205 Loomis Ave in the in the Deerfield Hills neighborhood starting from $1,175. The second greatest value Cheyenne Hills apartment is the Two Bedroom Model at Park Place starting at $1,095 with a $1.28 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. |
|---|---|---|---|
| 4205 Loomis Ave | 4205 Loomis Ave | 2BR,1BA | $1.37 |
| Park Place | Two Bedroom | 2BR,1BA | $1.28 |
| Sienna Place | 2X1 | 2BR,1BA | $1.37 |
| 4339 Ericson Dr, Unit #2 | 4339 Ericson Dr | 2BR,1BA | $1.46 |
| 4311 Ericson Dr, Unit 3 | 4311 Ericson Dr | 2BR,1BA | $1.46 |
| Marmont Springs Apartments | Canopy | 1BR,1BA | $1.52 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $1.41 |
| Mountain Ridge | A1 | 1BR,1BA | $1.55 |
| Riverbend Apartments | 1x1 LVT | 1BR,1BA | $1.43 |
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $1.41 |
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.
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 $899.
What is the price of a cheap apartment in Cheyenne Hills?
The cheapest apartment in Cheyenne Hills is Southgate Commons which is listed at $769, while the average apartment in Cheyenne Hills costs $1,835.
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 31 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 $241 which is $1,594 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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.