
Cheap Apartments for Rent in the Downtown Neighborhood of Colorado Springs, CO from $500 (79 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Downtown area of Colorado Springs.


616 N Weber St

306 N Cascade Ave

Union Blvd Apartments

May Drive Apartments

Hearthstone Inn Apartments

Kalo Ivywild
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.

2119 Preuss Rd

621 Cooper Ave

33 W Willamette Ave

828 1/2 E Cache La Poudre St

215 E Dale St

Bonfoy Apartments

Wyndam Place Senior Residence
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.

Weidenhaft Mitchell Apartments

611-615 Cascade Avenue

537 E Platte Ave

833 E Platte Ave

511 1/2 Swope Ave

803 N Wahsatch Ave

Shooks Run
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.

17 N Meade Ave

511 E Platte Ave

Glenpond Apartments

2110 Salt Dr

2 E. Boulder

911 North Wahsatch Ave

1317 E. Las Animas St
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.

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 | $1,634 | $800 | $2,800 |
| Downtown 1 Bedroom Apartments | $1,792 | $789 | $3,798 |
| Downtown 2 Bedroom Apartments | $2,332 | $849 | $4,420 |
| Downtown 3 Bedroom Apartments | $2,561 | $1,400 | $3,892 |
Browse Apartments in this Neighborhood
There are currently 79 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 $955.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Southgate Commons which is listed at $775, while the average apartment in Downtown costs $1,747.
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 23 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 $189 which is $1,558 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

Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods
Written by: Darla Ferrara
If your perfect college experience involves a blend of breathtaking mountain views and vibrant city living, then Colorado Springs, CO, might be the right choice for you.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.