
Cheap Apartments for Rent in the Downtown Colorado Springs Neighborhood of Colorado Springs, CO from $500 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Colorado Springs area of Colorado Springs.


418 Brookside St

316 E Brookside St

Rosewood Apartments

Applewood Apartments

Sienna Place

420 Brookside St

329 E Dale St

The Village at Homewood Point

Union Blvd Apartments

323 May Dr

Park Bonfoy

107 E Motor Way

430 Brookside St

Elevate Apartment Homes

532 CO

833 E Platte Ave

Jasmine Springs

Experience at Epicenter

VIM

730 Swope Ave
Downtown Colorado Springs, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Downtown Colorado Springs?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Colorado Springs Studio Apartments | $1,594 | $880 | $2,800 |
Downtown Colorado Springs 1 Bedroom Apartments | $1,877 | $799 | $3,690 |
Downtown Colorado Springs 2 Bedroom Apartments | $2,516 | $849 | $4,268 |
Downtown Colorado Springs 3 Bedroom Apartments | $3,017 | $1,450 | $4,214 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Downtown Colorado Springs Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Downtown Colorado Springs, Colorado Springs, CO Local Guide
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Cheapest Available Downtown Colorado Springs Apartments for Rent
 The cheapest available apartment rental in the Downtown Colorado Springs area of Colorado Springs, CO is a 1 Bed unit found at Shooks Run priced from $768. Applewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $880. Here are the most affordable Downtown Colorado Springs apartments for rent in Colorado Springs, CO:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shooks Run | 1x1 40% | 1BR,1BA | $768 |
Applewood Apartments | Studio | Studio,1BA | $880 |
Sienna Place | 1X1 | 1BR,1BA | $899 |
Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $899 |
The Village at Homewood Point | 2x1 40% | 2BR,1BA | $922 |
Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $929 |
Cascade Park | 1 Bed 1 Bath | 1BR,1BA | $955 |
Tamarac | 1x1 50% | 1BR,1BA | $979 |
Park Bonfoy | A2 | 1BR,1BA | $995 |
Prospect Park | 1x1 | 1BR,1BA | $995 |
Best Value Apartments for Rent in Downtown Colorado Springs, CO
As of July 05, 2025 the best value apartment in the Downtown Colorado Springs area is the $0.84 price per square foot 1 Bed 1 Bath Model at Cascade Park in the in the Downtown neighborhood starting from $955. The second greatest value Downtown Colorado Springs apartment is the 2 Bedroom, 1 Bath Model at Chateau Apartments starting at $1,655 with a $1.66 price per square foot in the Knob Hill neighborhood. Here is today’s list of the best values for Downtown Colorado Springs apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cascade Park | 1 Bed 1 Bath | 1BR,1BA | $0.84 |
Chateau Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.66 |
Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.00 |
Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
Jasmine Springs | 2 Bed 1 Bath | 2BR,1BA | $1.52 |
The Village at Homewood Point | 2x1 50% | 2BR,1BA | $1.57 |
Sienna Place | 2X1 | 2BR,1BA | $1.37 |
Shooks Run | 1x1 40% | 1BR,1BA | $1.08 |
Homewood Point Apartments | One Bedroom | 1BR,1BA | $1.01 |
Prospect Park | 1x1 | 1BR,1BA | $1.58 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Colorado Springs, Colorado Springs, CO
Ranked #10
Among neighborhoods in Colorado Springs, CO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Colorado Springs. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Downtown Colorado Springs Neighborhood in Colorado Springs, CO
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
79 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
53 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Colorado Springs Apartments
What is the Cheapest Studio apartment in Downtown Colorado Springs?
Currently the most affordable Cheap Studio Apartment in Downtown Colorado Springs is at Applewood Apartments listed at $880.
How much is rent for a Cheap One Bedroom Downtown Colorado Springs Apartment?
The lowest price for a Cheap One Bedroom Downtown Colorado Springs Apartment is $768 at Shooks Run.
What is the lowest price for a Cheap Two Bedroom Downtown Colorado Springs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Colorado Springs is starting from $899 at Rosewood Apartments.
What is the most affordable Downtown Colorado Springs Three Bedroom Apartment?
The best deal on a cheap Downtown Colorado Springs Three Bedroom Apartment rental is at Chateau Apartments and starts from $2,695.
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.

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.

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.

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.

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.