Cheap Homes for Rent in Falcon Estates Neighborhood of Colorado Springs, CO from $600 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Falcon Estates area of Colorado Springs.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 2028 Erin Loop

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1.5 Bath Townhome for Rent

Available Jul 15

2028 Erin Loop

Colorado SpringsCO80918

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.

Falcon Estates, Colorado Springs, CO Local Guide

Best Value Apartments for Rent in Falcon Estates, CO

As of June 08, 2026 the best value apartment in the Falcon Estates area is the $1.64 price per square foot 2X2-1144 Model at Peaks at Woodmen in the in the Norwood neighborhood starting from $1,873. The second greatest value Falcon Estates apartment is the Backcountry Model at The Zeb starting at $1,825 with a $1.67 price per square foot in the Sweetwater Ridge neighborhood. Here is today’s list of the best values for Falcon Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Peaks at Woodmen2X2-11442BR,2BA$1.64
The ZebBackcountry2BR,2BA$1.67
Lynmar ApartmentsDH603BR,2BA$1.50
The Parc at BriargateAspen2BR,2BA$1.61
Shadow Wood ChaletB12BR,1BA$1.50
Vista ViewCheyenne2BR,1BA$1.65
Quail Run ApartmentsRedwood2BR,1BA$1.69
Berkshire Apartments1 Bed, 1 bath1BR,1BA$1.57
Kalo WoodmenKaloSolo-Premium1BR,1BA$1.44
Lion Village Student HousingLongs Peak2BR,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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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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Frequently Asked Questions about Falcon Estates

What type of rentals are currently available in Falcon Estates?

There are currently 102 Apartments for Rent in Falcon Estates, CO with pricing that ranges from $499 to $6,239. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Falcon Estates ranging from $650 to $3,300.

What is the current price range for Rental Homes in Falcon Estates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Falcon Estates ranges from $650 to $3,300 with an average monthly rent of $2,307.

How much are larger Three and Four Bedroom Rentals in Falcon Estates?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Falcon Estates range from $525 to $2,666, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,985 and Four Bedroom Apartments start at $499.

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

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.