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$995 - $1,390
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$995 - $1,390
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University Village Apartments
5400 N Nevada AveColorado Springs, CO 80918
Cheap Apartments for Rent in the Discovery Neighborhood of Colorado Springs, CO from $400 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Discovery area of Colorado Springs.
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$999 - $1,904
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$999 - $1,904
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North Pointe
5805 Delmonico DrColorado Springs, CO 80919
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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$999 - $1,425
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2 Bedroom Apartments Available NowTotal Monthly Price
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$999 - $1,425
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Shadow Wood Chalet
6490 Yvonne WayColorado Springs, CO 80918
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$1,005 - $1,105
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1 to 2 Bedroom Apartments Available NowThe Vue at Chapel Hills
1520-1534 Jamboree DrColorado Springs, CO 80920
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.
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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 | $1,399 | $999 | $2,159 |
| Discovery 1 Bedroom Apartments | $1,458 | $995 | $1,952 |
| Discovery 2 Bedroom Apartments | $1,697 | $799 | $5,730 |
| Discovery 3 Bedroom Apartments | $1,936 | $525 | $7,027 |
| Discovery 4 Bedroom Apartments | $499 | $499 | $499 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 4 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
- Nearby Colorado Springs neighborhoods
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Best Value Apartments for Rent in Discovery, CO
As of May 01, 2026 the best value apartment in the Discovery area is the $1.85 price per square foot Basecamp Model at The Zeb in the in the Sweetwater Ridge neighborhood starting from $2,175. The second greatest value Discovery apartment is the B1 Model at Shadow Wood Chalet starting at $999 with a $1.00 price per square foot in the Rockrimmon 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. |
|---|---|---|---|
| The Zeb | Basecamp | 2BR,2BA | $1.85 |
| Shadow Wood Chalet | B1 | 2BR,1BA | $1.00 |
| Cortland Rockrimmon | Ridge | 2BR,2BA | $1.96 |
| Viridian Edge at the Park | Alder | 2BR,1BA | $1.73 |
| Rockrimmon | Inspire | 1BR,1BA | $1.82 |
| Forge at Briargate | Fuse | 1BR,1BA | $1.85 |
| Whispering Hills | Primrose I | 1BR,1BA | $1.80 |
| Center Pointe | 1BR Large | 1BR,1BA | $1.75 |
| University Village Apartments | Summit Peak | 1BR,1BA | $1.53 |
| Lion Village Student Housing | Longs Peak | 2BR,2BA | $1.50 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
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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.
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Pet Friendly LifestyleDiscovery, Colorado Springs, CO
Ranked #37
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 University Village Apartments which is listed at $995, while the average apartment in Discovery costs $2,204.
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 29 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 $534 which is $1,670 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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.