
Cheap Apartments for Rent in the Downtown Neighborhood of Colorado Springs, CO from $500 (77 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Downtown area of Colorado Springs.


1602 S Wahsatch Ave

608 N Nevada Ave

Ivy at Cheyenne Creek

616 N Weber St

306 N Cascade Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

May Drive Apartments

Hearthstone Inn Apartments

Kalo Ivywild

2119 Preuss Rd

Bonfoy Apartments

Wyndam Place Senior Residence
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

Weidenhaft Mitchell Apartments

611-615 Cascade Avenue

537 E Platte Ave

833 E Platte Ave

Shooks Run

17 N Meade Ave
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.

1513 S Corona Ave

Glenpond Apartments

2 E. Boulder

911 North Wahsatch Ave

1317 E. Las Animas St

Chateau Too Apartments
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.

523 E Kiowa St

Villas In Southgate

238 N Prospect 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 | $1,604 | $875 | $2,800 |
| Downtown 1 Bedroom Apartments | $1,757 | $784 | $3,798 |
| Downtown 2 Bedroom Apartments | $2,239 | $849 | $4,290 |
| Downtown 3 Bedroom Apartments | $2,726 | $1,500 | $4,055 |
| Downtown 4 Bedroom Apartments | $3,800 | $3,800 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 77 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
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 $956.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Applewood Apartments which is listed at $850, 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 41 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 $255 which is $3,545 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.

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.