Cheap Homes for Rent in Cheyenne Hills Neighborhood of Colorado Springs, CO from $700 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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

Read Article

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.

Read Article
Showing Results 1-18, Page 1 of 1

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 $790. Marmont Springs Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Cheyenne Hills apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Alta ApartmentsThe Alp - DesignerStudio,1BA$790
Marmont Springs Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Pebble CreekS1Studio,1BA$875
Applewood ApartmentsStudioStudio,1BA$880
Mountain RidgeA11BR,1BA$898

Best Value Apartments for Rent in Cheyenne Hills, CO

As of July 25, 2025 the best value apartment in the Cheyenne Hills area is the $1.21 price per square foot 1620 Monterey Rd Model at 1620 Monterey Rd, Unit 201 in the in the Deerfield Hills neighborhood starting from $1,850. The second greatest value Cheyenne Hills apartment is the Cypress Model at Bonterra Lakeside Apartments starting at $1,633 with a $1.55 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.
1620 Monterey Rd, Unit 2011620 Monterey Rd3BR,2BA$1.21
Bonterra Lakeside ApartmentsCypress2BR,1BA$1.55
Meadows At Cheyenne MountainThe Alpine Primrose2BR,2BA$1.57
The Estates At Cheyenne BlvdThe Estate2BR,1BA$1.34
Riverbend Apartments2 Beds, 1 Baths2BR,1BA$1.11
Sienna Place2X12BR,1BA$1.37
4311 Ericson Dr, Unit 34311 Ericson Dr2BR,1BA$1.53
Marmont Springs Apartments1 Bedroom 1 Bathroom1BR,1BA$1.32
Gardens at Hidden Creek Apartments1/1.001BR,1BA$1.48
Mountain RidgeA11BR,1BA$1.50

Quick 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.

decorative image of people with a giant lease agreement

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 $750 to $4,232. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cheyenne Hills ranging from $700 to $3,250.

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 $700 to $3,250 with an average monthly rent of $1,815.

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 $1,425 to $4,232, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,825. Four Bedroom Single-Family rentals are also available starting from $1,799 and Four Bedroom Apartments start at $2,400.

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.

decorative image for A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.