Cheap Homes for Rent in Cheyenne Hills Neighborhood of Colorado Springs, CO from $500 (12 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

$596 - $796

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$596 - $796

Total Monthly Price
$596 - $796

1 Bedroom, 1 Bath Home for Rent

Available Now

1630 Shasta Dr

Colorado SpringsCO80910
property at 1411 S Corona Ave

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

2 Bedroom, 1 Bath Condo for Rent

Available Jun 29

1411 S Corona Ave

Colorado SpringsCO80905

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.

property at 810 Tenderfoot Hill Rd

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Jul 10

810 Tenderfoot Hill Rd

Colorado SpringsCO80906
property at 1912 Cascade Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1912 Cascade Ln

Colorado SpringsCO80906
property at 844 Tenderfoot Hill Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 2 Bath Condo for Rent

Available Jul 14

844 Tenderfoot Hill Rd

Colorado SpringsCO80906
property at 846 Tenderfoot Hill Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Jul 21

846 Tenderfoot Hill Rd

Colorado SpringsCO80906

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

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 ListingModel NameBed/BathPriced From
Riverbend Apartments1x1 LVT1BR,1BA$782
Alta ApartmentsThe PeakStudio,1BA$815
Gardens at Hidden Creek Apartments1/1.001BR,1BA$850
Sienna Place1X11BR,1BA$853
Marmont Springs ApartmentsGarden1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
4205 Loomis Ave4205 Loomis Ave2BR,1BA$1.37
Peak 1535 on South 8th Street1/11BR,1BA$1.38
Sienna Place2X12BR,1BA$1.38
4311 Ericson Dr, Unit 34311 Ericson Dr2BR,1BA$1.46
Fountain Oaks Apartments1BR/1.0BA1BR,1BA$1.56
Marmont Springs ApartmentsCanopy1BR,1BA$1.56
Gardens at Hidden Creek Apartments1/1.001BR,1BA$1.39
Mountain RidgeA11BR,1BA$1.56
Sedona Ridge Apartments1BD, 1BTH1BR,1BA$1.62
Riverbend Apartments1x1 LVT1BR,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.

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Real 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.

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Quick Rent Budget Calculator

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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

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.

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.