427-431 E Bijou St
Colorado SpringsCO80903
Cheap Homes for Rent in Downtown Colorado Springs Neighborhood of Colorado Springs, CO from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Colorado Springs area of Colorado Springs.
815 N Nevada Ave
Colorado SpringsCO80903
1411 S Corona Ave
Colorado SpringsCO80905
511 E Cache La Poudre St
Colorado SpringsCO80903
1523 S Fountain St
Colorado SpringsCO80910
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.
931 N Wahsatch Ave
Colorado SpringsCO80903
430 W Pikes Peak Ave, Unit 103
430 W Pikes Peak Ave
Colorado SpringsCO80905
17 N Meade Ave
Colorado SpringsCO80909
222 N Logan Ave
Colorado SpringsCO80909
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$1,298
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250
Required Monthly Fees
$48
Total Monthly Price
$1,298
705 Custer Ave, Unit b
705 Custer AveColorado Springs, CO 80903
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.
Showing Results 1-10, Page 1 of 1
Downtown Colorado Springs, Colorado Springs, CO Local Guide
How much does it cost to rent a home in Downtown Colorado Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Colorado Springs 2 Bedroom Homes for Rent | $1,755 | $825 | $4,000 |
| Downtown Colorado Springs 3 Bedroom Homes for Rent | $2,318 | $1,313 | $2,950 |
| Downtown Colorado Springs 4 Bedroom Homes for Rent | $2,347 | $2,295 | $2,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Colorado Springs Neighborhood of Colorado Springs, CO.
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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 Southgate Commons priced from $769. Rosewood Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $849. Here are the most affordable Downtown Colorado Springs apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $769 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $849 |
| Sienna Place | 1X1 | 1BR,1BA | $850 |
Best Value Apartments for Rent in Downtown Colorado Springs, CO
As of May 25, 2026 the best value apartment in the Downtown Colorado Springs area is the $1.47 price per square foot 2x2 60% Model at Shooks Run in the in the Downtown neighborhood starting from $1,467. The second greatest value Downtown Colorado Springs apartment is the 2 Beds, 1 Baths Model at Union Blvd Apartments starting at $929 with a $1.03 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shooks Run | 2x2 60% | 2BR,2BA | $1.47 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Wyndam Place Senior Colorado Springs | WCS2 2x1 50% | 2BR,1BA | $1.43 |
| Jasmine Springs | 2 Bedroom, 1 Bath | 2BR,1BA | $1.18 |
| Sienna Place | 1X1 | 1BR,1BA | $1.17 |
| Prospect Park | 1x1 | 1BR,1BA | $1.58 |
| The Village at Homewood Point | 1x1 50% | 1BR,1BA | $1.73 |
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $1.41 |
| BG - SUMMIT VIEW APARTMENTS | 1BR/1.0BA | 1BR,1BA | $1.70 |
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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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 LifestyleDowntown Colorado Springs, Colorado Springs, CO
Ranked #12
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Colorado Springs
What type of rentals are currently available in Downtown Colorado Springs?
There are currently 241 Apartments for Rent in Downtown Colorado Springs, CO with pricing that ranges from $849 to $4,779. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Colorado Springs ranging from $625 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 $625 to $4,000 with an average monthly rent of $1,983.
How much are larger Three and Four Bedroom Rentals in Downtown Colorado Springs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Colorado Springs range from $1,313 to $4,779, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,313 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $3,800.
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.