Cheap Apartments for Rent in the East Colorado Springs Neighborhood of Colorado Springs, CO from $500 (248 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Colorado Springs area of Colorado Springs.

property at 4260 McPherson Ave

$595 - $690

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$595 - $690

Total Monthly Price
$595 - $690

1 Bedroom, 1 Bath Home for Rent

Available Now

4260 McPherson Ave

Colorado SpringsCO80909
property at 1805 Dewhirst Dr

$597

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$597

Total Monthly Price
$597

1 Bedroom, 1 Bath Home for Rent

Available Now

1805 Dewhirst Dr

Colorado SpringsCO80951
property at 1630 Shasta Dr

$600 - $950

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$600 - $950

Total Monthly Price
$600 - $950

1 Bedroom, 1 Bath Home for Rent

Available Now

1630 Shasta Dr

Colorado SpringsCO80910
property at 2060 Dewhirst Dr

$600

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Now

2060 Dewhirst Dr, Unit 3

2060 Dewhirst Dr
Colorado SpringsCO80951

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.

property at 3620 Richmond Dr

$700 - $755

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$700 - $755

Total Monthly Price
$700 - $755

1 Bedroom, 1 Bath Home for Rent

Available Now

3620 Richmond Dr

Colorado SpringsCO80922
property at 3960 Galley Rd

$749

Total Monthly Price

Total Monthly Price

Base Rent
$749

Total Monthly Price
$749

1 Bedroom, 1 Bath Home for Rent

Available Now

3960 Galley Rd

Colorado SpringsCO80909
property at 6435 Chantilly Pl

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

6435 Chantilly Pl

Colorado SpringsCO80922

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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Arbor Pointe Apartments
$799 - $959
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$799 - $959

Total Monthly Price
$799 - $959
1 to 2 Bedroom Apartments Available Now

Arbor Pointe Apartments

2475-2503 Hancock ExpyColorado Springs, CO 80910
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Fountain Oaks Apartments
$812 - $1,090
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$772 - $1,050
Required Monthly Fees
$40

Total Monthly Price
$812 - $1,090
Studio to 2 Bedroom Apartments Contact Us For Availability

Fountain Oaks Apartments

2610-2614 E Fountain BlvdColorado Springs, CO 80910
Affordability
  • Verified
  • Low Income
  • 3D Tour
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Newport Square
$849 - $1,149
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,149

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Contact Us For Availability

Newport Square

3780 Rebecca LnColorado Springs, CO 80917
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Oakridge on the Green
Rent Specials
$862 - $1,725
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$851 - $1,714
Required Monthly Fees
$11

Total Monthly Price
$862 - $1,725
1 to 2 Bedroom Apartments Available Now

Oakridge on the Green

801-809 S Circle DrColorado Springs, CO 80910
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Peak 1465
Rent Specials
$895 - $1,150
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Peak 1465

1465 Alvarado DrColorado Springs, CO 80910
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 135 University Dr

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

135 University Dr

Colorado SpringsCO80910

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.

East Colorado Springs, Colorado Springs, CO Local Guide

Cheapest Available East Colorado Springs Apartments for Rent

 

The cheapest available apartment rental in the East Colorado Springs area of Colorado Springs, CO is a 2 Beds unit found at Bentley Commons priced from $588. 11 West | Student Housing has the second lowest priced unit, which is a 3 Beds apartment currently listed from $649. Here are the most affordable East Colorado Springs apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Bentley CommonsOne Bedroom2BR,1BA$588
11 West | Student HousingThree Bedroom3BR,3BA$649
Pinewood Apartments520 - 1 Bedroom 1 Bath1BR,1BA$695
The MontelenaStudioStudio,1BA$699
Greentree Village2x1C2BR,1BA$703
Kalo Village SevenKaloSolo1BR,1BA$750
Summit Creek ApartmentsStudio ApartmentStudio,1BA$750
Gardens at Hidden Creek ApartmentsStudio 1Studio,1BA$750
Park at Penrose Apartments1X1 (80 AMI)1BR,1BA$756
Airlan ArmsStudio1BR,1BA$764

Best Value Apartments for Rent in East Colorado Springs, CO

As of April 06, 2026 the best value apartment in the East Colorado Springs area is the $1.04 price per square foot 5507 Fiesta Ln Model at 5507 Fiesta Ln, Unit 5509 in the in the Norwood neighborhood starting from $1,875. The second greatest value East Colorado Springs apartment is the 3 Bedroom 1 Bath Model at Aspen Townhomes starting at $1,561 with a $1.13 price per square foot in the Eastborough neighborhood. Here is today’s list of the best values for East Colorado Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5507 Fiesta Ln, Unit 55095507 Fiesta Ln3BR,2BA$1.04
Aspen Townhomes3 Bedroom 1 Bath3BR,1BA$1.13
11 West | Student HousingTwo Bedroom2BR,2BA$0.75
Shadow Wood ChaletB12BR,1BA$1.00
Regal Estates1 Bed 1 Bath1BR,1BA$0.96
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Greentree Village2x1B2BR,1BA$1.11
Stone Canyon2BD, 1BTH2BR,1BA$1.18
Riverbend Apartments2x1 LVT2BR,1BA$0.99

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Quick 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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Pet Friendly Lifestyle
East Colorado Springs, Colorado Springs, CO

Ranked #1

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Colorado and customized analysis for Central Colorado Springs, CO. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap East Colorado Springs Apartments

What is a cheap apartment in East Colorado Springs?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Colorado Springs is under $764.

What is the price of a cheap apartment in East Colorado Springs?

The cheapest apartment in East Colorado Springs is Pinewood Apartments which is listed at $695, while the average apartment in East Colorado Springs costs $2,703.

What types of apartments are the cheapest in East Colorado Springs?

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 157 regular apartments in East Colorado Springs 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 East Colorado Springs?

Cheap apartments in East Colorado Springs have an average cost of $222 which is $2,481 cheaper than the average rent for all rentals in East Colorado Springs.

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

decorative image for A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.