
Cheap Homes for Rent in the Cheyenne Hills Neighborhood of Colorado Springs, CO from $500 (14 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

514 Warren Ave

1411 S Corona Ave

837 Oxford Ln, Unit 101

315 May Dr
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

1522 Rainier Dr, Unit BASEMENT

319-321 E Brookside St, Unit 17

844 Tenderfoot Hill Rd

846 Tenderfoot Hill Rd

369 Fairway S

921 Green Star Dr, Unit 101

864 London Green Way
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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 | $1,620 | $800 | $2,200 |
| Cheyenne Hills 3 Bedroom Homes for Rent | $2,102 | $800 | $2,825 |
| Cheyenne Hills 4 Bedroom Homes for Rent | $2,600 | $1,750 | $3,800 |
| Cheyenne Hills 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 $774. Gardens at Hidden Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. 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 | $774 |
| Gardens at Hidden Creek Apartments | 1/1.00 | 1BR,1BA | $800 |
| Alta Apartments | The Peak | Studio,1BA | $800 |
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $849 |
| Sedona Ridge Apartments | 0BD, 1BTH B | Studio,1BA | $850 |
Best Value Apartments for Rent in Cheyenne Hills, CO
As of July 23, 2026 the best value apartment in the Cheyenne Hills area is the $1.25 price per square foot Three Bedroom / Two Bathrooms Model at Spring Creek in the in the Deerfield Hills neighborhood starting from $1,995. The second greatest value Cheyenne Hills apartment is the Penrose Model at Cheyenne Creek starting at $1,715 with a $1.63 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 | $1.25 |
| Cheyenne Creek | Penrose | 2BR,2BA | $1.63 |
| Bonterra Lakeside Apartments | Mimosa | 1BR,1BA | $1.71 |
| 4205 Loomis Ave | 4205 Loomis Ave | 2BR,1BA | $1.56 |
| Sienna Place | 2X1 | 2BR,1BA | $1.38 |
| 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 |
| Mountain Ridge | A1 | 1BR,1BA | $1.51 |
| 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.
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
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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 $779 to $3,895. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheyenne Hills ranging from $597 to $3,800.
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 $597 to $3,800 with an average monthly rent of $1,955.
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 $1,199 to $3,230, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,825. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $2,525.
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

Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods
Written by: Darla Ferrara
If your perfect college experience involves a blend of breathtaking mountain views and vibrant city living, then Colorado Springs, CO, might be the right choice for you.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.