
Cheap Homes for Rent in Cheyenne Hills Neighborhood of Colorado Springs, CO from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Cheyenne Hills area of Colorado Springs.


1501 Coolcrest Dr

1501 Coolcrest Dr

1411 S Corona Ave

325 May Dr

Total Monthly Price
110 1/2 West Cheyenne Road
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.

4340 Ericson Dr, Unit 3

810 Tenderfoot Hill Rd

1912 Cascade Ln

319-321 E Brookside St, Unit 31

844 Tenderfoot Hill Rd

846 Tenderfoot Hill Rd
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.
Cheyenne Hills, Colorado Springs, CO Local Guide

How much does it cost to rent a home in Cheyenne Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheyenne Hills 2 Bedroom Homes for Rent | $1,648 | $825 | $2,595 |
| Cheyenne Hills 3 Bedroom Homes for Rent | $2,180 | $1,595 | $2,900 |
| Cheyenne Hills 4 Bedroom Homes for Rent | $2,305 | $1,810 | $2,865 |
| Cheyenne Hills 5 Bedroom Homes for Rent | $2,647 | $2,500 | $2,795 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Riverbend Apartments priced from $782. Alta Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here are the most affordable Cheyenne Hills apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverbend Apartments | 1x1 LVT | 1BR,1BA | $782 |
| Alta Apartments | The Peak | Studio,1BA | $815 |
| Gardens at Hidden Creek Apartments | 1/1.00 | 1BR,1BA | $850 |
| Sienna Place | 1X1 | 1BR,1BA | $853 |
| Marmont Springs Apartments | Garden | 1BR,1BA | $874 |
Best Value Apartments for Rent in Cheyenne Hills, CO
As of June 08, 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 1/1 Model at Peak 1535 on South 8th Street starting at $1,035 with a $1.38 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 |
| Peak 1535 on South 8th Street | 1/1 | 1BR,1BA | $1.38 |
| Sienna Place | 2X1 | 2BR,1BA | $1.38 |
| 4311 Ericson Dr, Unit 3 | 4311 Ericson Dr | 2BR,1BA | $1.46 |
| Fountain Oaks Apartments | 1BR/1.0BA | 1BR,1BA | $1.56 |
| Marmont Springs Apartments | Canopy | 1BR,1BA | $1.56 |
| Gardens at Hidden Creek Apartments | 1/1.00 | 1BR,1BA | $1.39 |
| Mountain Ridge | A1 | 1BR,1BA | $1.56 |
| Sedona Ridge Apartments | 1BD, 1BTH | 1BR,1BA | $1.62 |
| Riverbend Apartments | 1x1 LVT | 1BR,1BA | $1.43 |
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
Frequently Asked Questions about Cheyenne Hills
What type of rentals are currently available in Cheyenne Hills?
There are currently 190 Apartments for Rent in Cheyenne Hills, CO with pricing that ranges from $815 to $3,895. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheyenne Hills ranging from $596 to $2,900.
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 $596 to $2,900 with an average monthly rent of $1,951.
How much are larger Three and Four Bedroom Rentals in Cheyenne Hills?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cheyenne Hills range from $1,400 to $3,230, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,810 and Four Bedroom Apartments start at $2,625.
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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.