
Cheap Homes for Rent in Colorado Springs, CO from $500 (104 Rentals)
Search the lowest-cost Homes available for rent right now in Colorado Springs.


4260 McPherson Ave

1805 Dewhirst Dr

2060 Dewhirst Dr, Unit 3, Unit 3

3136 Moonbeam Cir S, Unit UPSTAIRS RT, Unit UPSTAIRS RT

2619 Weir Ave

6435 Chantilly Pl, Unit Chantilly

3620 Richmond Dr

2013 Whitman Rd

5105 Stone Fence Dr, Unit 5105 Stone Fence Dr
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.

2220 Lisa Dr

3214 Teardrop Cir

6825 Timm Ct, Unit Upstairs South Bedroom, Unit Upstairs South Bedroom

1214 N Murray Blvd

6930 Cotton Dr

6930 Cotton Dr

11610 Cranston Dr

9156 Percheron Pony Dr

208 Custer Ave

208 Custer Ave, Unit Bedroom 2
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.

207 N Santa Fe Ave

1501 Coolcrest Dr

207 N Santa Fe Ave

7046 Silvergrass Dr

6508 Gambol Quail Dr E

5168 Roundhouse Dr

5738 Vermillion Bluffs Dr

1501 Coolcrest Dr

15 Narrows Rd

5331 Wagon Hammer Dr
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.

2909 Sage St

732 S Royer St

Total Monthly Price
1075 Magnolia St, Unit 1

1523 S Fountain St

2068 Fernwood Dr

1606 McKay Way

625 Yuma St

1997 Traces Ln, Unit 1, Unit 1

10832 Matta Dr, Unit Master room, Unit Master room

357 Gahart Dr
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

2404 St Paul Dr

2404 St Paul Dr

Total Monthly Price
4311 N Chestnut St, Unit 1

Total Monthly Price
4311 N Chestnut St, Unit 2

837 Oxford Ln, Unit 101

1929 S Prospect Ave

330 Vehr Dr

6353 Village Ln

900 Saturn Dr

Total Monthly Price
1075 Magnolia St, Unit 3
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.
Colorado Springs, CO Local Guide

How much does it cost to rent a home in Colorado Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colorado Springs 2 Bedroom Homes for Rent | $1,701 | $875 | $4,000 |
| Colorado Springs 3 Bedroom Homes for Rent | $2,324 | $1,000 | $3,600 |
| Colorado Springs 4 Bedroom Homes for Rent | $2,567 | $650 | $4,000 |
| Colorado Springs 5 Bedroom Homes for Rent | $2,716 | $595 | $4,195 |
| Colorado Springs 6 Bedroom Homes for Rent | $3,060 | $2,300 | $3,975 |
| Colorado Springs 7 Bedroom Homes for Rent | $6,650 | $6,650 | $6,650 |
Browse Top Homes for Rent in Colorado Springs
Explore Colorado Springs
Colorado Springs, CO Local Guide
- Colorado Springs Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Colorado Springs, CO
Pricing Updated: 04/18/2026Current apartment rentals in the Colorado Springs, CO area range in price from $499 to $6,296 with an overall median price of $2,362. The three Colorado Springs neighborhoods with the lowest median rent pricing are Spring Creek at $750, Cragmoor at $649, and Venetian Village at $649. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Colorado Springs Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Spring Creek | $1,075 | $750 | 33 |
| Cragmoor | $1,203 | $649 | 39 |
| Venetian Village | $1,203 | $649 | 47 |
| North End | $1,256 | $883 | 9 |
| Shooks Run | $1,322 | $895 | 4 |
| U Colorado at Colorado Springs | $1,431 | $499 | 172 |
| Oak Hills | $1,495 | $499 | 63 |
| Palmer Park | $1,499 | $649 | 227 |
| Ivywild | $1,500 | $850 | 14 |
| Gateway Park | $1,549 | $750 | 173 |
Cheapest Available Colorado Springs Apartments for Rent
 The cheapest available apartment rental in Colorado Springs, CO is a 2 Beds unit found at Bentley Commons in the Deerfield Hills neighborhood priced from $588. 11 West | Student Housing in the Venetian Village neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $649. Here is today’s list of the most affordable Colorado Springs apartments for rent:
| 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 |
| Greentree Village | 2x1C | 2BR,1BA | $703 |
| Incline Apartments | Studio | Studio,1BA | $725 |
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $729 |
| The Montelena | Studio | Studio,1BA | $749 |
| Summit Creek Apartments | Studio Apartment | Studio,1BA | $750 |
| Gardens at Hidden Creek Apartments | Studio 1 | Studio,1BA | $750 |
| Kalo Village Seven | KaloSolo | 1BR,1BA | $750 |
Best Value Apartments for Rent in Colorado Springs, CO
As of April 18, 2026 the best value apartment in the Colorado Springs area is the $1.19 price per square foot 2x2 Model at The Creek at Cottonwood Apartment Homes in the in the Stetson Run neighborhood starting from $1,329. The second greatest value Colorado Springs apartment is the Two Bedroom Model at 11 West | Student Housing starting at $769 with a $0.75 price per square foot in the Venetian Village neighborhood. Here is today’s list of the best values for Colorado Springs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Creek at Cottonwood Apartment Homes | 2x2 | 2BR,2BA | $1.19 |
| 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 | $1.19 |
| Riverbend Apartments | 2x1 LVT | 2BR,1BA | $0.99 |
| Jasmine Springs | 2 Bedroom, 1 Bath | 2BR,1BA | $1.18 |
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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Colorado Springs, CO Rentals by Map
See the most popular apartments and homes in Colorado Springs, CO
Frequently Asked Questions about Colorado Springs
What type of rentals are currently available in Colorado Springs?
There are currently 1866 Apartments for Rent in Colorado Springs, CO with pricing that ranges from $499 to $6,296. There are also 718 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colorado Springs ranging from $595 to $6,650.
What is the current price range for Rental Homes in Colorado Springs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Colorado Springs ranges from $595 to $6,650 with an average monthly rent of $2,662.
How much are larger Three and Four Bedroom Rentals in Colorado Springs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Colorado Springs range from $525 to $6,296, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,600. Four Bedroom Single-Family rentals are also available starting from $650 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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.