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$6991 Bedroom Apartments Contact Us For Availability
Southgate Commons
215-233 E Arvada StColorado Springs, CO 80905
Cheap Apartments for Rent in the Downtown Neighborhood of Colorado Springs, CO from $500 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Colorado Springs.
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Rent Specials
$749 - $1,4991 to 3 Bedroom Apartments Available Now
Sienna Place
1698 Lenmar DrColorado Springs, CO 80905
1318 E Willamette Ave
Colorado SpringsCO80909
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$849 - $9792 Bedroom Apartments Available Now
Rosewood Apartments
849 S Union BlvdColorado Springs, CO 80910
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$850 - $1,1951 to 3 Bedroom Apartments Available Now
BG - SUMMIT VIEW APARTMENTS
1930 E Bijou StColorado Springs, CO 80909
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$922 - $9791 to 2 Bedroom Apartments Available Now
The Village at Homewood Point
907 E Colorado AveColorado Springs, CO 80903
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Rent Specials
$929 - $1,2792 Bedroom Apartments Contact Us For Availability
Union Blvd Apartments
801 S Union BlvdColorado Springs, CO 80910
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$9951 Bedroom Apartments Contact Us For Availability
Prospect Park
825 S Union BlvdColorado Springs, CO 80910
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730 Swope Ave
Colorado SpringsCO80909
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.
317 E Monument St
Colorado SpringsCO80903
603 Manitou Blvd
Colorado SpringsCO80904
322 Farragut Ave
Colorado SpringsCO80909
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Rent Specials
$1,099 - $2,032Studio to 1 Bedroom Apartments Available Now
532 CO
532 W Colorado AveColorado Springs, CO 80905
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$1,1002 Bedroom Apartment Available Now
804 E Kiowa St, Unit 804 E. Kiowa #4
804 E Kiowa StColorado Springs, CO 80903
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Rent Specials
$1,195 - $3,675Studio to 2 Bedroom Apartments Available Now
Experience at Epicenter
655 S Sierra Madre StColorado Springs, CO 80903
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Rent Specials
$1,225 - $2,865Studio to 2 Bedroom Apartments Available Now
Ensley
505 S Weber StColorado Springs, CO 80903
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$1,250 - $1,8951 to 2 Bedroom Apartments Available Now
Gabion Apartments
676 W Monument StColorado Springs, CO 80905
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.
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Rent Specials
$1,250 - $2,795Studio to 2 Bedroom Apartments Available Now
VIM
322 E Vermijo AveColorado Springs, CO 80903
407-409 Swope Ave
Colorado SpringsCO80909
818 N Corona St
Colorado SpringsCO80903
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$1,295 - $2,3951 to 3 Bedroom Apartments Available Now
Chateau Apartments
355-355 S Union BlvdColorado Springs, CO 80910
2101 E Willamette Ave
Colorado SpringsCO80909
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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
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Studio to 2 Bedroom Apartments
Hearthstone Inn Apartments
506-514 N Cascade AveColorado Springs, CO 80903
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1 to 2 Bedroom Apartments
Wyndam Place Senior Colorado Springs
725 S Weber StColorado Springs, CO 80903
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Studio to 1 Bedroom Apartments
Downtown Studio Apartment for rent
214 S WahsatchColorado Springs, CO 80903
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,573 | $1,099 | $2,800 |
| Downtown 1 Bedroom Apartments | $1,849 | $699 | $3,700 |
| Downtown 2 Bedroom Apartments | $2,309 | $749 | $4,268 |
| Downtown 3 Bedroom Apartments | $2,673 | $1,095 | $4,452 |
| Downtown 4 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Downtown, Colorado Springs, CO Local Guide
- Nearby Colorado Springs neighborhoods
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Colorado Springs, CO is a 2 Beds unit found at Sienna Place priced from $749. Shooks Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $768. Here are the most affordable Downtown apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sienna Place | 2X1 | 2BR,1BA | $749 |
| Shooks Run | 1x1 40% | 1BR,1BA | $768 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $849 |
| BG - SUMMIT VIEW APARTMENTS | 1BR/1.0BA | 1BR,1BA | $850 |
| Cascade Park | Studio | Studio,1BA | $875 |
| The Village at Homewood Point | 2x1 40% | 2BR,1BA | $922 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $929 |
| Downtown Studio Apartment for rent | 0BR/1.0BA | Studio,1BA | $1,000 |
| 532 CO | 0x1 -414 sqft - S1 | Studio,1BA | $1,099 |
| Park Bonfoy | A3 | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Downtown, CO
As of January 05, 2026 the best value apartment in the Downtown area is the $1.64 price per square foot 2 Bed Model at Gabion Apartments in the in the Downtown neighborhood starting from $1,895. The second greatest value Downtown 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 apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gabion Apartments | 2 Bed | 2BR,2BA | $1.64 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Sienna Place | 3X1 | 3BR,1BA | $1.61 |
| 804 E Kiowa St, Unit 804 E. Kiowa #4 | 804 E Kiowa St | 2BR,1BA | $1.38 |
| Jasmine Springs | 2 Bedroom, 1 Bath | 2BR,1BA | $1.40 |
| Shooks Run | 1x1 40% | 1BR,1BA | $1.08 |
| Homewood Point | 1BR/1.0BA | 1BR,1BA | $1.30 |
| The Village at Homewood Point | 1x1 50% | 1BR,1BA | $1.69 |
| 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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
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If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
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Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States including Downtown, Colorado Springs, and the greater Colorado Springs area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Apartments
What is the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at Cascade Park listed at $875.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $768 at Shooks Run.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $749 at Sienna Place.
What is the most affordable Downtown Three Bedroom Apartment?
The best deal on a cheap Downtown Three Bedroom Apartment rental is at BG - SUMMIT VIEW APARTMENTS and starts from $1,195.
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.