
Cheap 2 Bedroom Apartments for Rent in the Downtown Neighborhood of Colorado Springs, CO from $849 (23 Rentals)


Tamarac

Union Blvd Apartments

Sienna Place

Village at Homewood Pointe

630 E Boulder St, Unit Lower

Prospect Park
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.

Artspace Colorado Springs

The Bonfoy Apartments

1505 E Kiowa St

Hillside Pointe Apartments

Ivywild Flats

SMI Sapphire Springs, LLC

Jasmine Springs
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.

Parkmoor Apartments

Kalo Ivywild

Wyndam Place Senior Residence

Park Bonfoy

940 S Arcadia St

833 E Platte Ave

911 North Wahsatch Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Brookside Apartments

1317 E. Las Animas St
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 | $1,551 | $850 | $2,800 |
| Downtown 1 Bedroom Apartments | $1,726 | $799 | $3,796 |
Downtown 2 Bedroom Apartments | $2,409 | $849 | $4,268 |
| Downtown 3 Bedroom Apartments | $2,935 | $1,313 | $4,452 |
| 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 $1,099.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Rosewood Apartments which is listed at $849, 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 76 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 $328 which is $3,472 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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.