
Cheap Homes for Rent in Colorado Springs, CO from $400 (140 Rentals)
Search the lowest-cost Homes available for rent right now in Colorado Springs.


211 Swope Ave

6773 Dale Rd, Unit ROOM 2

1630 Shasta Dr

2423 E St Vrain St, Unit #3

1400 Acacia Dr

1185 Stanton St

2220 Lisa Dr

1179 Westmoreland Rd

1997 Traces Ln
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

815 N Nevada Ave

2632 E Dale St, Unit B

2619 Weir Ave

2225 Bucolo Ave

1501 Coolcrest Dr

2909 Sage St

3108 Moonbeam Cir S

2060 Dewhirst Dr, Unit 2

2051 N Academy Blvd, Unit Room 2

1411 S Corona Ave
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.

207 N Santa Fe Ave, Unit 1

9156 Percheron Pony Dr

9156 Percheron Pony Dr

3634 Alpine Pl

1501 Coolcrest Dr

514 Warren Ave

3419 W Colorado Ave, Unit 101C

837 Oxford Ln, Unit 101

3022 W Bijou St, Unit E2

326 E St Vrain St
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.

2509 Royalty Ct

5545 Bowden Loop

7744 Bone Crk Pt

1111 W Colorado Ave

6850 Western Pl

1931 Henderson Ave, Unit 8

1931 Henderson Ave, Unit 2

315 May Dr

3022 W Bijou St, Unit E5

1512 W Vermijo St
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.

1522 Rainier Dr, Unit BASEMENT

1011-B N Corona St

6735 Glade Park Dr

212 Illinois Ave

1918 Montezuma Dr

250 Medford Dr

1021 Delaware Dr

1010 Mazatlan Cir

7245 Alegre Cir

1238 Firefly Cir
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

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 | $1,694 | $775 | $4,000 |
| Colorado Springs 3 Bedroom Homes for Rent | $2,302 | $800 | $5,000 |
| Colorado Springs 4 Bedroom Homes for Rent | $2,625 | $950 | $6,000 |
| Colorado Springs 5 Bedroom Homes for Rent | $3,073 | $1,995 | $7,495 |
| Colorado Springs 6 Bedroom Homes for Rent | $3,672 | $2,265 | $6,500 |
| Colorado Springs 7 Bedroom Homes for Rent | $5,675 | $4,700 | $6,650 |
Browse Top Homes for Rent in Colorado Springs
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Colorado Springs, CO Local Guide
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Cheapest Neighborhoods for Apartments in Colorado Springs, CO
Pricing Updated: 07/20/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North End | $1,256 | $979 | 7 |
| Cragmoor | $1,322 | $599 | 18 |
| Venetian Village | $1,388 | $599 | 23 |
| Oak Valley Ranch | $1,410 | $1,395 | 1 |
| Peregrine | $1,410 | $1,395 | 1 |
| Ivywild | $1,520 | $800 | 10 |
| U Colorado at Colorado Springs | $1,580 | $499 | 85 |
| Garden Ranch | $1,650 | $820 | 43 |
| Northeast Colorado Springs | $1,650 | $970 | 25 |
| Divine Redeemer | $1,689 | $599 | 26 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bentley Commons | One Bedroom | 2BR,1BA | $588 |
| 11 West | Student Housing | Three Bedroom | 3BR,3BA | $599 |
| Pinewood Apartments | 520 - 1 Bedroom 1 Bath | 1BR,1BA | $695 |
| Hyde Park North | Kensington | 1BR,1BA | $710 |
| Park at Penrose Apartments | 1X1 (50 AMI) | 1BR,1BA | $731 |
| Newport Square | A2 | 1BR,1BA | $732 |
| Kalo Four Seasons | KaloSolo | 1BR,1BA | $749 |
| Kalo Lelaray | KaloSolo | 1BR,1BA | $750 |
| Peak 1465 | 0/1 | Studio,1BA | $760 |
| Garrison Edge | S1 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Creek at Cottonwood | 3/2 | 3BR,2BA | $1.10 |
| 11 West | Student Housing | Three Bedroom | 3BR,3BA | $0.50 |
| Regal Estates | 1 Bed 1 Bath | 1BR,1BA | $0.86 |
| Kalo Gateway Park | KaloDuo | 2BR,1BA | $1.03 |
| 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 |
| Lookout on Cragmor | Student Housing | B1 | 2 Bedroom | 2BR,2BA | $1.00 |
| Orchid Flats | B1 | 2BR,1BA | $1.06 |
| 335 Ruskin Dr | 2 Beds, 1 Baths | 2BR,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 ArticleReal 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 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!
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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 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

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.

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.

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.

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.