
Cheap Homes for Rent in Cheyenne Hills Neighborhood of Colorado Springs, CO from $800 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Cheyenne Hills area of Colorado Springs.


1501 Coolcrest Dr

1630 Shasta Dr, Unit 1, Unit 1

2404 St Paul Dr

2404 St Paul Dr

837 Oxford Ln, Unit 101
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.

1929 S Prospect Ave

900 Saturn Dr

1135 Valley Manor Ct

319 E Brookside St, Unit 15

1751 Shenandoah Dr

1912 Cascade Ln
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.

4319 Ericson Dr, Unit 4

814 Tenderfoot Hill Rd

886 London Green Way

935 Saturn Dr

1017 Moorings Dr

921 Green Star Dr, Unit 101
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.
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 | $1,625 | $1,115 | $2,075 |
| Cheyenne Hills 3 Bedroom Homes for Rent | $2,290 | $1,000 | $3,500 |
| Cheyenne Hills 4 Bedroom Homes for Rent | $2,364 | $1,950 | $3,272 |
| Cheyenne Hills 5 Bedroom Homes for Rent | $2,852 | $2,650 | $3,056 |
Browse Homes for Rent in this Neighborhood
There are currently 18 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 $715. Gardens at Hidden Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. 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 | $715 |
| Gardens at Hidden Creek Apartments | Studio 1 | Studio,1BA | $750 |
| Marmont Springs Apartments | Garden | 1BR,1BA | $785 |
| Kalo Broadmoor Tower | KaloUnity | Studio,1BA | $799 |
| Alta Apartments | The Alp - Designer | Studio,1BA | $818 |
Best Value Apartments for Rent in Cheyenne Hills, CO
As of April 23, 2026 the best value apartment in the Cheyenne Hills area is the $1.74 price per square foot Penrose Model at Cheyenne Creek in the in the Stratton Meadows neighborhood starting from $1,831. The second greatest value Cheyenne Hills apartment is the 2x1 LVT Model at Riverbend Apartments starting at $844 with a $0.99 price per square foot in the Deerfield Hills 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. |
|---|---|---|---|
| Cheyenne Creek | Penrose | 2BR,2BA | $1.74 |
| Riverbend Apartments | 2x1 LVT | 2BR,1BA | $0.99 |
| Peak 1535 on South 8th Street | 1/1 | 1BR,1BA | $1.46 |
| Tamarac | 2x1 50% | 2BR,1BA | $1.71 |
| Marmont Springs Apartments | Garden | 1BR,1BA | $1.26 |
| Mountain Ridge | A1 | 1BR,1BA | $1.50 |
| Sedona Ridge Apartments | 1BD, 1BTH | 1BR,1BA | $1.59 |
| Southgate Commons | 1BR/1.0BA | 1BR,1BA | $1.48 |
| Pebble Creek | A1 | 1BR,1BA | $1.69 |
| Kalo Broadmoor Tower | KaloUnity | Studio ,1BA | $1.74 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 184 Apartments for Rent in Cheyenne Hills, CO with pricing that ranges from $750 to $3,575. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheyenne Hills ranging from $800 to $3,500.
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 $800 to $3,500 with an average monthly rent of $1,849.
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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.