427-431 E Bijou St
Colorado SpringsCO80903
Cheap Homes for Rent in the Downtown Colorado Springs Neighborhood of Colorado Springs, CO from $400 (20 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
514 Warren Ave
Colorado SpringsCO80905
1411 S Corona Ave
Colorado SpringsCO80905
close
View Me
$8491 Bedroom Apartments Available Now
325 May Dr
325 May DrColorado Springs, CO 80905
close
View Me
$980Studio Apartments Available Now
423 N Wahsatch Ave, Unit 6
423 N Wahsatch AveColorado Springs, CO 80903
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.
537 E Platte Ave
Colorado SpringsCO80903
close
View Me
$1,1952 Bedroom Apartments Available Now
1719 E Kiowa St, Unit 1721 E. Kiowa St.
1719 E Kiowa StColorado Springs, CO 80909
close
View Me
$1,1951 Bedroom Apartments Available Now
319-321 E Brookside St, Unit 17
319-321 E Brookside StColorado Springs, CO 80905
17 N Meade Ave
Colorado SpringsCO80909
1513 S Corona Ave
Colorado SpringsCO80905
close
View Me
$1,2501 Bedroom Apartments Available Aug 15
26 W Rio Grande St
26 W Rio Grande StColorado 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.
824 Santa Fe St
Colorado SpringsCO80903
close
View Me
$1,3502 Bedroom Apartments Available Now
1920 E Yampa St, Unit 1
1920 E Yampa StColorado Springs, CO 80909
523 E Kiowa St
Colorado SpringsCO80903
close
View Me
$1,3501 Bedroom Apartments Available Aug 19
814 E Cimarron St, Unit 1
814 E Cimarron StColorado Springs, CO 80903
close
View Me
$1,3501 Bedroom Apartments Available Now
637 E Willamette Ave, Unit 3
637 E Willamette AveColorado Springs, CO 80903
107 N Prospect St, Unit prospect
107 N Prospect St
Colorado SpringsCO80903
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.
943 E Las Animas St
Colorado SpringsCO80903
238 N Prospect St
Colorado SpringsCO80903
Showing Results 1-20, 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 | $1,685 | $825 | $2,600 |
| Downtown Colorado Springs 3 Bedroom Homes for Rent | $2,290 | $800 | $3,200 |
| Downtown Colorado Springs 4 Bedroom Homes for Rent | $2,481 | $2,250 | $2,795 |
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 20 rentals with your search options within a 2 mile radius of the Downtown Colorado Springs Neighborhood of Colorado Springs, CO.
Explore Colorado Springs
Downtown Colorado Springs, Colorado Springs, CO Local Guide
- Nearby Colorado Springs neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 BG - SUMMIT VIEW APARTMENTS priced from $795. 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 |
|---|---|---|---|
| BG - SUMMIT VIEW APARTMENTS | 1BR/1.0BA | 1BR,1BA | $795 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $849 |
| Applewood Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Jasmine Springs | B1 | 2BR,1BA | $925 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $929 |
Best Value Apartments for Rent in Downtown Colorado Springs, CO
As of July 09, 2026 the best value apartment in the Downtown Colorado Springs area is the $1.03 price per square foot 2 Beds, 1 Baths Model at Union Blvd Apartments in the in the Memorial Park neighborhood starting from $929. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| 232 S Hancock Ave, Unit A | 232 S Hancock Ave | 2BR,1BA | $1.67 |
| Jasmine Springs | B1 | 2BR,1BA | $1.18 |
| Sienna Place | 2X1 | 2BR,1BA | $1.41 |
| Weidenhaft Mitchell Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.71 |
| Park Bonfoy | A3 | 1BR,1BA | $1.55 |
| Prospect Park | 1x1 | 1BR,1BA | $1.58 |
| The Village at Homewood Point | 1x1 50% | 1BR,1BA | $1.73 |
| BG - SUMMIT VIEW APARTMENTS | 1BR/1.0BA | 1BR,1BA | $1.59 |
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 Article
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 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.
Let everyone know!
Do you know the Downtown Colorado Springs area?
If you’re an expert on all things Downtown Colorado Springs, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Colorado Springs, Colorado Springs, CO
Ranked #11
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 244 Apartments for Rent in Downtown Colorado Springs, CO with pricing that ranges from $784 to $4,290. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Colorado Springs ranging from $495 to $3,200.
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 $495 to $3,200 with an average monthly rent of $1,981.
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 $1,500 to $4,055, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,250 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 Expert's 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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.