Cheap Homes for Rent in the Downtown Colorado Springs Neighborhood of Colorado Springs, CO from $550 (18 Rentals)

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

property at 211 Swope Ave

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

Studio, 1 Bath Condo for Rent

Available Now

211 Swope Ave

Colorado SpringsCO80909
property at 427-431 E Bijou St

$575 - $625

Total Monthly Price

Total Monthly Price

Base Rent
$625

Total Monthly Price
$625

1 Bedroom Rentals

Available Now

427-431 E Bijou St

Colorado SpringsCO80903
property at 815 N Nevada Ave

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 Bedroom, 2.5 Bath Condo for Rent

Available Now

815 N Nevada Ave

Colorado SpringsCO80903
property at 1411 S Corona Ave

$737

Total Monthly Price

Total Monthly Price

Base Rent
$737

Total Monthly Price
$737

2 Bedroom, 1 Bath Condo for Rent

Available Now

1411 S Corona Ave

Colorado SpringsCO80905
property at 326 E St Vrain St

$822

Total Monthly Price

Total Monthly Price

Base Rent
$822

Total Monthly Price
$822

Studio, 1 Bath Condo for Rent

Available Now

326 E St Vrain St

Colorado SpringsCO80903
property at 1520 E Pikes Peak Ave

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

1 Bedroom, 1 Bath Condo for Rent

Available Oct 1

1520 E Pikes Peak Ave

Colorado SpringsCO80909

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

property at 621 Cooper Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

621 Cooper Ave

Colorado SpringsCO80905
property at 215 E Dale St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Home for Rent

Available Now

215 E Dale St

Colorado SpringsCO80903
property at 537 E Platte Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Condo for Rent

Available Aug 26

537 E Platte Ave

Colorado SpringsCO80903
property at 511 1/2 Swope Ave

$1,175

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

1 Bedroom, 1 Bath Home for Rent

Available Sep 9

511 1/2 Swope Ave

Colorado SpringsCO80909

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property at 17 N Meade Ave

$1,245

Total Monthly Price

Total Monthly Price

Base Rent
$1,245

Total Monthly Price
$1,245

2 Bedroom, 1 Bath Townhome for Rent

Available Now

17 N Meade Ave

Colorado SpringsCO80909
property at 511 E Platte Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Condo for Rent

Available Aug 31

511 E Platte Ave

Colorado SpringsCO80903
property at 2110 Salt Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Sep 10

2110 Salt Dr

Colorado SpringsCO80910
property at 511 E Cache La Poudre St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Condo for Rent

Available Oct 8

511 E Cache La Poudre St

Colorado SpringsCO80903
property at 238 N Prospect St

$1,300 - $1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom Rentals

Available Now

238 N Prospect St

Colorado SpringsCO80903

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Downtown Colorado Springs, Colorado Springs, CO Local Guide

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 Studio unit found at 409 N. Cascade Avenue priced from $650. BG - SUMMIT VIEW APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Downtown Colorado Springs apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
409 N. Cascade Avenue0BR/1.0BAStudio,1BA$650
BG - SUMMIT VIEW APARTMENTS1BR/1.0BA1BR,1BA$795
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$849
Sienna Place1X11BR,1BA$853
Cascade ParkStudioStudio,1BA$895

Best Value Apartments for Rent in Downtown Colorado Springs, CO

As of August 24, 2026 the best value apartment in the Downtown Colorado Springs area is the $1.21 price per square foot 2x2 50% Model at Shooks Run in the in the Downtown neighborhood starting from $1,205. The second greatest value Downtown Colorado Springs apartment is the 2 Beds, 1 Baths Model at Rosewood Apartments starting at $849 with a $0.94 price per square foot in the Memorial Park neighborhood. Here is today’s list of the best values for Downtown Colorado Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shooks Run2x2 50%2BR,2BA$1.21
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Artspace Colorado SpringsB12BR,2BA$1.80
Jasmine SpringsB12BR,1BA$1.18
The Village at Homewood Point2x1 50%2BR,1BA$1.61
Homewood Point Apartments1BR/1.0BA1BR,1BA$1.14
Tamarac2x1 50%2BR,1BA$1.77
Prospect Park1x11BR,1BA$1.58
BG - SUMMIT VIEW APARTMENTS1BR/1.0BA1BR,1BA$1.59
803 E Kiowa St, Unit 4803 E Kiowa St1BR,1BA$1.60

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.

Read Article
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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Colorado Springs, Colorado Springs, CO

Ranked #13

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Colorado Springs

What type of rentals are currently available in Downtown Colorado Springs?

There are currently 253 Apartments for Rent in Downtown Colorado Springs, CO with pricing that ranges from $789 to $4,420. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Colorado Springs ranging from $550 to $4,000.

What is the current price range for Rental Homes in Downtown Colorado Springs?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Colorado Springs ranges from $550 to $4,000 with an average monthly rent of $1,707.

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 Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods article

Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods

Written by: Darla Ferrara

If your perfect college experience involves a blend of breathtaking mountain views and vibrant city living, then Colorado Springs, CO, might be the right choice for you.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.