Cheap Homes for Rent in Colorado Springs, CO from $400 (140 Rentals)

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Search the lowest-cost Homes available for rent right now in Colorado Springs.

property at 427-431 E Bijou St

$495 - $625

Total Monthly Price

Total Monthly Price

Base Rent
$495

Total Monthly Price
$495

1 Bedroom Rentals

Available Now

427-431 E Bijou St

Colorado SpringsCO80903
property at 211 Swope Ave

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

Studio, 1 Bath Condo for Rent

Available Now

211 Swope Ave

Colorado SpringsCO80909
property at 6773 Dale Rd

$585

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$585

Total Monthly Price
$585

1 Bedroom, 1 Bath Home for Rent

Available Now

6773 Dale Rd, Unit ROOM 2

6773 Dale Rd
Colorado SpringsCO80915
property at 1630 Shasta Dr

$597 - $796

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$597 - $796

Total Monthly Price
$597 - $796

1 Bedroom, 1 Bath Home for Rent

Available Now

1630 Shasta Dr

Colorado SpringsCO80910
property at 1400 Acacia Dr

$610 - $760

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$610 - $760

Total Monthly Price
$610 - $760

1 Bedroom, 1 Bath Home for Rent

Available Now

1400 Acacia Dr

Colorado SpringsCO80907
property at 1185 Stanton St

$640

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$640

Total Monthly Price
$640

1 Bedroom, 1.5 Bath Home for Rent

Available Aug 1

1185 Stanton St

Colorado SpringsCO80907
property at 1179 Westmoreland Rd

$660 - $875

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$660 - $875

Total Monthly Price
$660 - $875

1 Bedroom, 1 Bath Home for Rent

Available Now

1179 Westmoreland Rd

Colorado SpringsCO80907
property at 1997 Traces Ln

$675 - $800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$675 - $800

Total Monthly Price
$675 - $800

1 Bedroom, 1 Bath Home for Rent

Available Now

1997 Traces Ln

Colorado SpringsCO80951

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

property at 815 N Nevada Ave

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

1 Bedroom, 2.5 Bath Condo for Rent

Available Now

815 N Nevada Ave

Colorado SpringsCO80903
property at 2632 E Dale St

$700

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

2632 E Dale St, Unit B

2632 E Dale St
Colorado SpringsCO80909
property at 2619 Weir Ave

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Now

2619 Weir Ave

Colorado SpringsCO80910
property at 2225 Bucolo Ave

$735 - $1,501

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$735 - $1,501

Total Monthly Price
$735 - $1,501

1 Bedroom, 1 Bath Home for Rent

Available Now

2225 Bucolo Ave

Colorado SpringsCO80951
property at 2909 Sage St

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

2 Bedroom, 1 Bath Condo for Rent

Available Aug 27

2909 Sage St

Colorado SpringsCO80907
property at 2060 Dewhirst Dr

$796

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$796

Total Monthly Price
$796

1 Bedroom, 1 Bath Home for Rent

Available Now

2060 Dewhirst Dr, Unit 2

2060 Dewhirst Dr
Colorado SpringsCO80951
property at 2051 N Academy Blvd

$800

Total Monthly Price3 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

2051 N Academy Blvd, Unit Room 2

2051 N Academy Blvd
Colorado SpringsCO80909
property at 1411 S Corona Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

2 Bedroom, 1 Bath Condo for Rent

Available Now

1411 S Corona Ave

Colorado SpringsCO80905

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 514 Warren Ave

$800

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

3 Bedroom, 2 Bath Home for Rent

Available Now

514 Warren Ave

Colorado SpringsCO80905
property at 326 E St Vrain St

$847

Total Monthly Price

Total Monthly Price

Base Rent
$847

Total Monthly Price
$847

Studio, 1 Bath Condo for Rent

Available Now

326 E St Vrain St

Colorado SpringsCO80903

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 5545 Bowden Loop

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Condo for Rent

Available Aug 10

5545 Bowden Loop

Colorado SpringsCO80915
property at 1111 W Colorado Ave

$900 - $1,325

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 To 3 Bedroom Rentals

Available Now

1111 W Colorado Ave

Colorado SpringsCO80904
property at 6850 Western Pl

$914

Total Monthly Price

Total Monthly Price

Base Rent
$914

Total Monthly Price
$914

2 Bedroom, 1 Bath Condo for Rent

Available Now

6850 Western Pl

Colorado SpringsCO80915

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 1522 Rainier Dr

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

1522 Rainier Dr, Unit BASEMENT

1522 Rainier Dr
Colorado SpringsCO80910
property at 1011-B N Corona St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Aug 7

1011-B N Corona St

Colorado SpringsCO80903
property at 6735 Glade Park Dr

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

4 Bedroom, 3.5 Bath Home for Rent

Available Now

6735 Glade Park Dr

Colorado SpringsCO80918
property at 212 Illinois Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

Studio, 1 Bath Home for Rent

Available Oct 10

212 Illinois Ave

Manitou SpringsCO80829
property at 1021 Delaware Dr

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Now

1021 Delaware Dr

Colorado SpringsCO80909
property at 1010 Mazatlan Cir

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Now

1010 Mazatlan Cir

Colorado SpringsCO80910
property at 7245 Alegre Cir

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

7245 Alegre Cir

FountainCO80817
property at 1238 Firefly Cir

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

1238 Firefly Cir

Colorado SpringsCO80916

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.

Colorado Springs, CO Local Guide

Cheapest Neighborhoods for Apartments in Colorado Springs, CO

Pricing Updated: 07/20/2026

Current apartment rentals in the Colorado Springs, CO area range in price from $499 to $16,409 with an overall median price of $2,564. The three Colorado Springs neighborhoods with the lowest median rent pricing are North End at $979, Cragmoor at $599, and Venetian Village at $599. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Colorado Springs Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North End$1,256$9797
Cragmoor$1,322$59918
Venetian Village$1,388$59923
Oak Valley Ranch$1,410$1,3951
Peregrine$1,410$1,3951
Ivywild$1,520$80010
U Colorado at Colorado Springs$1,580$49985
Garden Ranch$1,650$82043
Northeast Colorado Springs$1,650$97025
Divine Redeemer$1,689$59926

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 $599. Here is today’s list of the most affordable Colorado Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bentley CommonsOne Bedroom2BR,1BA$588
11 West | Student HousingThree Bedroom3BR,3BA$599
Pinewood Apartments520 - 1 Bedroom 1 Bath1BR,1BA$695
Hyde Park NorthKensington1BR,1BA$710
Park at Penrose Apartments1X1 (50 AMI)1BR,1BA$731
Newport SquareA21BR,1BA$732
Kalo Four SeasonsKaloSolo1BR,1BA$749
Kalo LelarayKaloSolo1BR,1BA$750
Peak 14650/1Studio,1BA$760
Garrison EdgeS1Studio,1BA$774

Best Value Apartments for Rent in Colorado Springs, CO

As of July 21, 2026 the best value apartment in the Colorado Springs area is the $1.10 price per square foot 3/2 Model at The Creek at Cottonwood in the in the Stetson Run neighborhood starting from $1,523. The second greatest value Colorado Springs apartment is the Three Bedroom Model at 11 West | Student Housing starting at $599 with a $0.50 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Creek at Cottonwood3/23BR,2BA$1.10
11 West | Student HousingThree Bedroom3BR,3BA$0.50
Regal Estates1 Bed 1 Bath1BR,1BA$0.86
Kalo Gateway ParkKaloDuo2BR,1BA$1.03
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Greentree Village2x1B2BR,1BA$1.11
Lookout on Cragmor | Student HousingB1 | 2 Bedroom2BR,2BA$1.00
Orchid FlatsB12BR,1BA$1.06
335 Ruskin Dr2 Beds, 1 Baths2BR,1BA$1.11

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.

Read Article
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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.

Read Article
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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Colorado Springs, CO Rentals by Map

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Frequently Asked Questions about Colorado Springs

What type of rentals are currently available in Colorado Springs?

There are currently 1967 Apartments for Rent in Colorado Springs, CO with pricing that ranges from $499 to $16,409. There are also 1015 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colorado Springs ranging from $495 to $7,495.

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 $495 to $7,495 with an average monthly rent of $2,643.

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 $16,409, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $5,000. Four Bedroom Single-Family rentals are also available starting from $950 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

decorative image for Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods article

Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods

Written by: Darla Ferrara

If your perfect college experience involves a blend of breathtaking mountain views and vibrant city living, then Colorado Springs, CO, might be the right choice for you.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.