
Cheap Apartments for Rent in the East Colorado Springs Neighborhood of Colorado Springs, CO from $500 (248 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Colorado Springs area of Colorado Springs.


4260 McPherson Ave

3136 Moonbeam Cir S, Unit UPSTAIRS RT

1805 Dewhirst Dr

1630 Shasta Dr

2060 Dewhirst Dr, Unit 3

11 West | Student Housing

2220 Lisa Dr

2013 Whitman Rd

6825 Timm Ct, Unit Upstairs South Bedroom
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.

1214 N Murray Blvd

Pinewood Apartments

The Montelena

3620 Richmond Dr

Greentree Village

3960 Galley Rd

6435 Chantilly Pl

Summit Creek Apartments

Total Monthly Price
Gardens at Hidden Creek Apartments

Total Monthly Price
Park at Penrose Apartments
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.

Airlan Arms

Marmont Springs Apartments

The Lofts at Rock Vue

Sedona Ridge Apartments

Alta Apartments

Sienna Place

Fir Tree

Pine Crest

Total Monthly Price
Arbor Pointe Apartments

Pikes Place on San Miguel
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

208 Custer Ave

208 Custer Ave

Total Monthly Price
Fountain Oaks Apartments

Regal Estates

Autumn Lane Apartments

6508 Gambol Quail Dr E

The Haven at Academy

Lincoln Springs (OLD)

Total Monthly Price
Newport Square

Rosewood Apartments
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.

Summit View Luxury Apartments

5738 Vermillion Bluffs Dr

942 E Las Animas St

Total Monthly Price
Oakridge on the Green

Beverly Place

Ascent Apartments

Peak 4420 on E Pikes Peak

Penrose Plaza

Peak 1465

135 University Dr
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

How much does it cost to rent an apartment in East Colorado Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Colorado Springs Studio Apartments | $949 | $699 | $2,070 |
| East Colorado Springs 1 Bedroom Apartments | $1,374 | $695 | $4,626 |
| East Colorado Springs 2 Bedroom Apartments | $1,648 | $588 | $5,442 |
| East Colorado Springs 3 Bedroom Apartments | $2,131 | $649 | $3,452 |
| East Colorado Springs 4 Bedroom Apartments | $2,584 | $1,789 | $3,355 |
Browse Apartments in this Neighborhood
There are currently 248 rentals with your search options within a 1 mile radius of the East Colorado Springs Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
East Colorado Springs, Colorado Springs, CO Local Guide
- Nearby Colorado Springs neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bentley Commons | One Bedroom | 2BR,1BA | $588 |
| 11 West | Student Housing | Three Bedroom | 3BR,3BA | $649 |
| Pinewood Apartments | 520 - 1 Bedroom 1 Bath | 1BR,1BA | $695 |
| The Montelena | Studio | Studio,1BA | $699 |
| Greentree Village | 2x1C | 2BR,1BA | $703 |
| Kalo Village Seven | KaloSolo | 1BR,1BA | $750 |
| Summit Creek Apartments | Studio Apartment | Studio,1BA | $750 |
| Gardens at Hidden Creek Apartments | Studio 1 | Studio,1BA | $750 |
| Park at Penrose Apartments | 1X1 (80 AMI) | 1BR,1BA | $756 |
| Airlan Arms | Studio | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5507 Fiesta Ln, Unit 5509 | 5507 Fiesta Ln | 3BR,2BA | $1.04 |
| Aspen Townhomes | 3 Bedroom 1 Bath | 3BR,1BA | $1.13 |
| 11 West | Student Housing | Two Bedroom | 2BR,2BA | $0.75 |
| Shadow Wood Chalet | B1 | 2BR,1BA | $1.00 |
| Regal Estates | 1 Bed 1 Bath | 1BR,1BA | $0.96 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Greentree Village | 2x1B | 2BR,1BA | $1.11 |
| Stone Canyon | 2BD, 1BTH | 2BR,1BA | $1.18 |
| Riverbend Apartments | 2x1 LVT | 2BR,1BA | $0.99 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.
Pet Friendly LifestyleEast Colorado Springs, Colorado Springs, CO
Ranked #1
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in East Colorado Springs, Colorado Springs, CO
Queen Palmer Elementary School
School data provided by Great Schools
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

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.

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.

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.