
Cheap Apartments for Rent in the Discovery Neighborhood of Colorado Springs, CO from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Discovery area of Colorado Springs.


The Vue at Chapel Hills

Berkshire Apartments

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North Pointe

Center Pointe

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Viridian Edge at the Park

Quail Run Apartments

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The Glen at Briargate
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.

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Grand Centennial Apartments

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Whispering Hills

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Cortland Grand River

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The Edison at Chapel Hills

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Forge at Briargate

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The Zeb

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6613 Dublin Loop W, Unit 2

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Shadow Wood Chalet
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Rockrimmon

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2309 Split Rock Dr, Unit 2309

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Rewind at Crest

234 W Rockrimmon Blvd

440 W Rockrimmon Blvd

Furnished Studio-Colorado Springs - West

The Edge at Mountain Shadows

6853 Mountain Top Ln
Cash 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.
Discovery, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Discovery?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Discovery Studio Apartments | $1,456 | $1,100 | $2,159 |
| Discovery 1 Bedroom Apartments | $1,476 | $899 | $5,025 |
| Discovery 2 Bedroom Apartments | $1,771 | $799 | $6,239 |
| Discovery 3 Bedroom Apartments | $2,032 | $525 | $7,027 |
| Discovery 4 Bedroom Apartments | $499 | $499 | $499 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Discovery Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Discovery, Colorado Springs, CO Local Guide
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Cheapest Available Discovery Apartments for Rent
 The cheapest available apartment rental in the Discovery area of Colorado Springs, CO is a 1 Bed unit found at Berkshire Apartments priced from $1,055. University Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,095. Here are the most affordable Discovery apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,055 |
| University Village Apartments | Long Peak | 2BR,1BA | $1,095 |
| Center Pointe | 1BR Large | 1BR,1BA | $1,205 |
| The Glen at Briargate | Pinon | 1BR,1BA | $1,282 |
| Whispering Hills | Primrose I | 1BR,1BA | $1,337 |
Best Value Apartments for Rent in Discovery, CO
As of June 15, 2026 the best value apartment in the Discovery area is the $1.29 price per square foot 2309 Split Rock Dr Model at 2309 Split Rock Dr, Unit 2309 in the in the Pine Cliff neighborhood starting from $1,550. The second greatest value Discovery apartment is the Backcountry Model at The Zeb starting at $1,782 with a $1.63 price per square foot in the Sweetwater Ridge neighborhood. Here is today’s list of the best values for Discovery apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2309 Split Rock Dr, Unit 2309 | 2309 Split Rock Dr | 2BR,1.5BA | $1.29 |
| The Zeb | Backcountry | 2BR,2BA | $1.63 |
| Shadow Wood Chalet | B1 | 2BR,1BA | $1.50 |
| Quail Run Apartments | Remington | 2BR,2BA | $1.73 |
| University Village Apartments | Creston Peak | 2BR,2BA | $1.42 |
| 6613 Dublin Loop W, Unit 2 | 6613 Dublin Loop W | 2BR,1BA | $1.72 |
| Grand Centennial Apartments | A2 (The Sundance) | 1BR,1BA | $1.71 |
| Center Pointe | 1BR Large | 1BR,1BA | $1.75 |
| Berkshire Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.57 |
| Lion Village Student Housing | Longs Peak | 2BR,2BA | $1.50 |
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.
Pet Friendly LifestyleDiscovery, Colorado Springs, CO
Ranked #34
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Discovery Apartments
What is the price of a cheap apartment in Discovery?
The cheapest apartment in Discovery is Berkshire Apartments which is listed at $1,055, while the average apartment in Discovery costs $2,194.
What types of apartments are the cheapest in Discovery?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Discovery that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Discovery?
Cheap apartments in Discovery have an average cost of $359 which is $1,835 cheaper than the average rent for all rentals in Discovery.
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.

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.