Cheap Homes for Rent in Cheyenne Hills Neighborhood of Colorado Springs, CO from $700 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in the Cheyenne Hills area of Colorado Springs.

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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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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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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Cheyenne Hills, Colorado Springs, CO Local Guide

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 Alta Apartments priced from $745. Sienna Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $749. Here are the most affordable Cheyenne Hills apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Alta ApartmentsThe Alp - DesignerStudio,1BA$745
Sienna Place2X12BR,1BA$749
Sedona Ridge Apartments1BD, 1BTH1BR,1BA$807
Pebble CreekA11BR,1BA$895
Mountain RidgeA11BR,1BA$899

Best Value Apartments for Rent in Cheyenne Hills, CO

As of December 31, 2025 the best value apartment in the Cheyenne Hills area is the $1.51 price per square foot Indigo Model at Mosaica in the in the Deerfield Hills neighborhood starting from $1,895. The second greatest value Cheyenne Hills apartment is the Penrose Model at Cheyenne Creek starting at $1,690 with a $1.61 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 ListingModel NameBed/BathPrice Per Sq.Ft.
MosaicaIndigo3BR,2BA$1.51
Cheyenne CreekPenrose2BR,2BA$1.61
Riverbend Apartments2 Beds, 1 Baths2BR,1BA$1.11
Kalo IvywildKaloDuo-Premium2BR,1BA$1.45
Sienna Place3X13BR,1BA$1.61
Peak 1535 on South 8th Street1/11BR,1BA$1.33
4311 Ericson Dr, Unit 34311 Ericson Dr2BR,1BA$1.46
Gardens at Hidden Creek Apartments1/1.001BR,1BA$1.48
Mountain RidgeA11BR,1BA$1.50
Sedona Ridge Apartments1BD, 1BTH1BR,1BA$1.40

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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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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Cheyenne Hills, Colorado Springs, CO

Ranked #11

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Cheyenne Hills, Colorado Springs, CO

School data provided by Great Schools

Frequently Asked Questions about Cheyenne Hills

What type of rentals are currently available in Cheyenne Hills?

There are currently 192 Apartments for Rent in Cheyenne Hills, CO with pricing that ranges from $699 to $3,480. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheyenne Hills ranging from $774 to $3,700.

What is the current price range for Rental Homes in Cheyenne Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cheyenne Hills ranges from $774 to $3,700 with an average monthly rent of $1,911.

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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.