
Cheap 1 Bedroom Apartments for Rent in the Downtown Neighborhood of Colorado Springs, CO from $829 (42 Rentals)


Sienna Place

BG - SUMMIT VIEW APARTMENTS

1523 S Fountain St

Artspace Colorado Springs

Prospect Park

The Village at Homewood Point

Total Monthly Price
Sumner House
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

519 S El Paso St

423 N Wahsatch Ave, Unit 4

26 W Rio Grande St

430 W Pikes Peak Ave

430 W Pikes Peak Ave, Unit 103

Total Monthly Price
Chateau

427-431 E Bijou St

Meadows Pointe Apartments
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Southgate Commons

815 N Nevada Ave

Hillside Pointe Apartments

Applewood Apartments

Parkmoor Apartments

511 E Cache La Poudre St

Ivywild Flats

Ivy at Cheyenne Creek
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.

1602 S Wahsatch Ave

616 N Weber St

1505 E Kiowa St

Aspen Creek

306 N Cascade Ave

Park Bonfoy

608 N Nevada Ave

618 N Weber St
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.

Bonfoy Apartments

411 1/2 N Spruce St

Kalo Ivywild

Hearthstone Inn Apartments

611-615 Cascade Avenue

833 E Platte Ave

Brookside Apartments

Cascade Park
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.

Glenpond Apartments

2 E. Boulder
Downtown, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,600 | $875 | $2,800 |
Downtown 1 Bedroom Apartments | $1,815 | $829 | $3,798 |
| Downtown 2 Bedroom Apartments | $2,368 | $849 | $4,268 |
| Downtown 3 Bedroom Apartments | $2,912 | $1,313 | $4,345 |
| Downtown 4 Bedroom Apartments | $3,800 | $3,800 | $3,800 |
Explore Colorado Springs
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $995.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Southgate Commons which is listed at $769, while the average apartment in Downtown costs $3,800.
What types of apartments are the cheapest in Downtown?
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 33 regular apartments in Downtown 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 Downtown?
Cheap apartments in Downtown have an average cost of $253 which is $3,547 cheaper than the average rent for all rentals in Downtown.
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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.