Cheap Homes for Rent in Cheyenne Hills Neighborhood of Colorado Springs, CO from $500 (16 Rentals)

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

property at 1630 Shasta Dr

1630 Shasta Dr, Unit 4

1630 Shasta Dr
Colorado SpringsCO80910

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 777 Saturn Dr

777 Saturn Dr

Colorado SpringsCO80905

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 Pebble Creek priced from $749. Alta Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here are the most affordable Cheyenne Hills apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Pebble CreekS1Studio,1BA$749
Alta ApartmentsThe Alp - DesignerStudio,1BA$790
Marmont Springs Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Mountain RidgeA11BR,1BA$849
Fountain Oaks Apartments1BR/1.0BA1BR,1BA$850

Best Value Apartments for Rent in Cheyenne Hills, CO

As of June 18, 2025 the best value apartment in the Cheyenne Hills area is the $1.55 price per square foot Cypress Model at Bonterra Lakeside Apartments in the in the Stratton Meadows neighborhood starting from $1,629. The second greatest value Cheyenne Hills apartment is the Summerfield Model at Cheyenne Crossing starting at $1,450 with a $1.45 price per square foot in the Cheyenne Hills 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.
Bonterra Lakeside ApartmentsCypress2BR,1BA$1.55
Cheyenne CrossingSummerfield2BR,2BA$1.45
Riverbend Apartments2 Beds, 1 Baths2BR,1BA$1.11
Quail CoveVail1BR,1BA$1.67
Westmeadow Peaks1 Bedroom1BR,1BA$1.63
Sienna Place2X12BR,1BA$1.41
Fountain Oaks Apartments1BR/1.0BA1BR,1BA$1.29
Marmont Springs Apartments1 Bedroom 1 Bathroom1BR,1BA$1.32
Gardens at Hidden Creek Apartments1/1.001BR,1BA$1.48
Mountain RidgeA11BR,1BA$1.42

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Frequently Asked Questions about Cheyenne Hills

What type of rentals are currently available in Cheyenne Hills?

There are currently 200 Apartments for Rent in Cheyenne Hills, CO with pricing that ranges from $790 to $4,130. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheyenne Hills ranging from $589 to $3,600.

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 $589 to $3,600 with an average monthly rent of $2,028.

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 $1,500 to $4,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $1,899.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.