Cheap Homes for Rent in Colorado Springs, CO from $600 (163 Rentals)

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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.

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property at 4818 Hobkirks Pt

$800

1 Bedroom, 1.5 Bath Townhome for Rent

Available Now

4818 Hobkirks Pt

Colorado SpringsCO80906

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.

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property at 335 Ruskin Dr

$915

2 Bedroom Rentals

Available Now

335 Ruskin Dr

Colorado SpringsCO80910

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

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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.

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property at 3137 W Kiowa St

$999 - $1,800

1 To 2 Bedroom Rentals

Available Now

3137 W Kiowa St

Colorado SpringsCO80904
property at 625 Yuma St

$1,000 - $1,200

2 Bedroom Rentals

Available Now

625 Yuma St

Colorado SpringsCO80909

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.

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Colorado Springs, CO Local Guide

Cheapest Neighborhoods for Apartments in Colorado Springs, CO

Pricing Updated: 01/01/2026

Current apartment rentals in the Colorado Springs, CO area range in price from $540 to $6,161 with an overall median price of $2,246. The three Colorado Springs neighborhoods with the lowest median rent pricing are Fountain Valley at $1,061, Cragmoor at $540, and Shooks Run at $1,095. 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
Fountain Valley$1,111$1,0612
Cragmoor$1,129$54025
Shooks Run$1,175$1,0952
North End$1,240$85019
Divine Redeemer$1,300$57054
Patty Jewett$1,312$9259
Garden Ranch$1,580$95066
Northeast Colorado Springs$1,580$1,05071
Park Hill$1,600$570266
Spring Creek$1,600$84546

Cheapest Available Colorado Springs Apartments for Rent

 

The cheapest available apartment rental in Colorado Springs, CO is a 3 Beds unit found at 11 West | Student Housing in the Venetian Village neighborhood priced from $540. Bentley Commons in the Deerfield Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $588. Here is today’s list of the most affordable Colorado Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
11 West | Student HousingThree Bedroom3BR,3BA$540
Bentley CommonsOne Bedroom2BR,1BA$588
Alta ApartmentsThe Alp - DesignerStudio,1BA$745
Sienna Place2X12BR,1BA$749
Summit Creek ApartmentsStudio ApartmentStudio,1BA$750
Ascent Apartments1 Bedroom1BR,1BA$756
Shooks Run1x1 40%1BR,1BA$768
Park at Penrose Apartments1x11BR,1BA$770
Hyde Park NorthKensington1BR,1BA$770
The Lofts at Rock Vue1BR/1.0BA1BR,1BA$789

Best Value Apartments for Rent in Colorado Springs, CO

As of January 02, 2026 the best value apartment in the Colorado Springs area is the $1.06 price per square foot 403 N 17th St Model at 403 N 17th St, Unit 1 in the in the Westside Colorado Springs neighborhood starting from $1,900. The second greatest value Colorado Springs apartment is the $700 off Move In Total - Waived Application Fee... Model at The Townhouse Apartments starting at $1,500 with a $1.07 price per square foot in the Deerfield Hills 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.
403 N 17th St, Unit 1403 N 17th St4BR,2BA$1.06
The Townhouse Apartments$700 off Move In Total - Waived Application Fee...2BR,1.5BA$1.07
The Creek at Cottonwood Apartment Homes2x22BR,2BA$1.10
11 West | Student HousingTwo Bedroom2BR,2BA$0.65
Regal Estates1 Bed 1 Bath1BR,1BA$0.96
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Greentree Village2x1B2BR,1BA$1.11
Riverbend Apartments2 Beds, 1 Baths2BR,1BA$1.11
Shooks Run1x1 40%1BR,1BA$1.08

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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The 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.

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Cash 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.

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Quick 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.

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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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See the most popular apartments and homes in Colorado Springs, CO

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Frequently Asked Questions about Colorado Springs

What type of rentals are currently available in Colorado Springs?

There are currently 1915 Apartments for Rent in Colorado Springs, CO with pricing that ranges from $540 to $6,161. There are also 1010 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colorado Springs ranging from $600 to $7,500.

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 $600 to $7,500 with an average monthly rent of $2,036.

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 $540 to $6,161, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $7,500. Four Bedroom Single-Family rentals are also available starting from $1,745 and Four Bedroom Apartments start at $1,719.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.