
Cheap Apartments for Rent in the Falcon Estates Neighborhood of Colorado Springs, CO from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Falcon Estates area of Colorado Springs.


Mountain Manor

North Pointe

The Vue at Chapel Hills
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.

6460 Fall River Dr

Hatler-May Village Senior Residences

Kalo Woodmen

Windtree
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.
Falcon Estates, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Falcon Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Falcon Estates Studio Apartments | $1,432 | $1,050 | $1,799 |
| Falcon Estates 1 Bedroom Apartments | $1,433 | $900 | $2,042 |
| Falcon Estates 2 Bedroom Apartments | $1,692 | $1,175 | $2,853 |
| Falcon Estates 3 Bedroom Apartments | $2,253 | $1,580 | $2,645 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Falcon Estates Neighborhood of Colorado Springs, CO.
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Falcon Estates, Colorado Springs, CO Local Guide
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Cheapest Available Falcon Estates Apartments for Rent
 The cheapest available apartment rental in the Falcon Estates area of Colorado Springs, CO is a 1 Bed unit found at Kalo Woodmen priced from $979. Mountain Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Falcon Estates apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kalo Woodmen | KaloSolo | 1BR,1BA | $979 |
| Mountain Manor | Breckenridge 1X1 580 | 1BR,1BA | $999 |
| North Pointe | S1 | Studio,1BA | $1,050 |
Best Value Apartments for Rent in Falcon Estates, CO
As of February 04, 2026 the best value apartment in the Falcon Estates area is the $1.15 price per square foot Windsor- B Grade Model at Rampart View Apartments in the in the Norwood neighborhood starting from $1,480. The second greatest value Falcon Estates apartment is the 2 Bedroom Upgrade Model at Yorkshire starting at $1,455 with a $1.36 price per square foot in the Rockrimmon neighborhood. Here is today’s list of the best values for Falcon Estates apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rampart View Apartments | Windsor- B Grade | 2BR,2BA | $1.15 |
| Yorkshire | 2 Bedroom Upgrade | 2BR,1.5BA | $1.36 |
| Lynmar Apartments | C | 2BR,2BA | $1.70 |
| The Parc at Briargate | Juniper | 1BR,1BA | $1.62 |
| Woodland Hills Apartments | Alder | 1BR,1BA | $1.69 |
| Windtree | One Bedroom | 1BR,1BA | $1.71 |
| Center Pointe | 1BR Large | 1BR,1BA | $1.75 |
| Kalo Woodmen | KaloSolo | 1BR,1BA | $1.57 |
| Mountain Manor | Breckenridge 1X1 580 | 1BR,1BA | $1.72 |
| Lion Village Student Housing | Longs Peak | 2BR,2BA | $1.50 |
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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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.
Best Local Schools in Falcon Estates, Colorado Springs, CO
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States and customized analysis for North Colorado Springs. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, apartment complexes for the kids, proximity to transit, 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 Falcon Estates Apartments
What is a cheap apartment in Falcon Estates?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Falcon Estates is under $1,262.
What is the price of a cheap apartment in Falcon Estates?
The cheapest apartment in Falcon Estates is Kalo Woodmen which is listed at $979, while the average apartment in Falcon Estates costs $2,285.
What types of apartments are the cheapest in Falcon Estates?
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 43 regular apartments in Falcon Estates 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 Falcon Estates?
Cheap apartments in Falcon Estates have an average cost of $493 which is $1,792 cheaper than the average rent for all rentals in Falcon Estates.
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.

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.

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.