Cheap Homes for Rent in Colorado Springs, CO from $550 (157 Rentals)

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

property at 211 Swope Ave
$550

Total Monthly Price

Base Rent$550

Total Monthly Price$550
Studio, 1 Bath Condo for Rent
Available Now
Affordability

211 Swope Ave

Colorado SpringsCO80909
property at 427-431 E Bijou St
$575

Total Monthly Price

Base Rent$575

Total Monthly Price$575
1 Bedroom Rentals
Available Now
Affordability

427-431 E Bijou St

Colorado SpringsCO80903
property at 2225 Bucolo Ave
$595 - $1,501

Total Monthly Price

Base Rent$595 - $1,501

Total Monthly Price$595 - $1,501
6 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

2225 Bucolo Ave

Colorado SpringsCO80951
  • Smoke Free
property at 815 N Nevada Ave
$595 - $625

Total Monthly Price

Base Rent$595

Total Monthly Price$595
1 Bedroom Rentals
Available Now
Affordability

815 N Nevada Ave

Colorado SpringsCO80903
property at 1630 Shasta Dr
$597

Total Monthly Price

Base Rent$597

Total Monthly Price$597
6 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

1630 Shasta Dr, Unit 5

1630 Shasta Dr
Colorado SpringsCO80910
  • Smoke Free
property at 3620 Richmond Dr
$635

Total Monthly Price

Base Rent$635

Total Monthly Price$635
6 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

3620 Richmond Dr, Unit 2

3620 Richmond Dr
Colorado SpringsCO80922
  • Smoke Free
property at 1185 Stanton St
$640

Total Monthly Price

Base Rent$640

Total Monthly Price$640
12 Month Lease Term
1 Bedroom, 1.5 Bath Home for Rent
Available Now
Furnished

1185 Stanton St

Colorado SpringsCO80907
  • Smoke Free
property at 1179 Westmoreland Rd
$660

Total Monthly Price

Base Rent$660

Total Monthly Price$660
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Sep 15
Furnished

1179 Westmoreland Rd, Unit Top Floor North

1179 Westmoreland Rd
Colorado SpringsCO80907
  • Smoke Free

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 1997 Traces Ln
$665 - $800

Total Monthly Price

Base Rent$665 - $800

Total Monthly Price$665 - $800
6 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

1997 Traces Ln

Colorado SpringsCO80951
  • Smoke Free
property at 2060 Dewhirst Dr
$665 - $796

Total Monthly Price

Base Rent$665 - $796

Total Monthly Price$665 - $796
6 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

2060 Dewhirst Dr

Colorado SpringsCO80951
property at 1411 S Corona Ave
$700

Total Monthly Price

Base Rent$700

Total Monthly Price$700
2 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

1411 S Corona Ave

Colorado SpringsCO80905
property at 616 W Kiowa St
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

616 W Kiowa St

Colorado SpringsCO80905

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property at 325 Bonnie Ct
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

325 Bonnie Ct

Colorado SpringsCO80916
property at 333 Bonnie Ct
$800 - $1,200

Total Monthly Price

Base Rent$800

Total Monthly Price$800
2 To 3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

333 Bonnie Ct

Colorado SpringsCO80916
property at 326 E St Vrain St
$822

Total Monthly Price

Base Rent$822

Total Monthly Price$822
Studio, 1 Bath Condo for Rent
Available Now
Affordability

326 E St Vrain St

Colorado SpringsCO80903
property at 5168 Roundhouse Dr
$850 - $900

Total Monthly Price

Base Rent$850 - $900

Total Monthly Price$850 - $900
6 Month Lease Term
5 Bedroom, 4 Bath Home for Rent
Available Oct 1
Furnished

5168 Roundhouse Dr

Colorado SpringsCO80925

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

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property at 1165 Chiricahua Loop
$864

Total Monthly Price

Base Rent$864

Total Monthly Price$864
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1165 Chiricahua Loop

Colorado SpringsCO80915
property at 1520 E Pikes Peak Ave
$875

Total Monthly Price

Base Rent$875

Total Monthly Price$875
1 Bedroom, 1 Bath Condo for Rent
Available Oct 1
Cost Per Sq.Ft.

1520 E Pikes Peak Ave

Colorado SpringsCO80909
property at 10832 Matta Dr
$900 - $950

Total Monthly Price

Base Rent$900 - $950

Total Monthly Price$900 - $950
6 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Oct 1
Furnished

10832 Matta Dr

Colorado SpringsCO80925
  • Smoke Free
property at 2068 Fernwood Dr
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2068 Fernwood Dr

Colorado SpringsCO80910

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 1011-B N Corona St
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1011-B N Corona St

Colorado SpringsCO80903
property at 621 Cooper Ave
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

621 Cooper Ave

Colorado SpringsCO80905
property at 1105 Cree Dr
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1105 Cree Dr

Colorado SpringsCO80915
property at 329 Bonnie Ct
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

329 Bonnie Ct

Colorado SpringsCO80916

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

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Colorado Springs, CO Local Guide

Cheapest Neighborhoods for Apartments in Colorado Springs, CO

Pricing Updated: 09/07/2026

Current apartment rentals in the Colorado Springs, CO area range in price from $244 to $6,633 with an overall median price of $1,612. The three Colorado Springs neighborhoods with the lowest median rent pricing are Spring Creek at $925, Spring Valley Ranch at $956, and Southeast Colorado Springs at $1,050. 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
Spring Creek$925$77519
Spring Valley Ranch$956$760108
Southeast Colorado Springs$1,050$58873
Park Hill$1,065$775147
SE Colorado Springs$1,072$58868
Divine Redeemer$1,078$77026
Pikes Peak Park$1,102$760108
Knob Hill$1,104$79934
Palmer Park$1,105$244113
Venetian Village$1,106$59915

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. 409 N. Cascade Avenue in the Downtown neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Colorado Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bentley CommonsOne Bedroom2BR,1BA$588
409 N. Cascade Avenue0BR/1.0BAStudio,1BA$650
Swope Ave Apartments1BR/1.0BA1BR,1BA$699
Newport SquareA21BR,1BA$732
325 Bonnie Ct1 Beds, 1 Baths1BR,1BA$750
Alta ApartmentsThe PeakStudio,1BA$760
Airlan Arms1 Bedroom1BR,1BA$770
Garrison EdgeS1Studio,1BA$774
Park at Penrose Apartments1x11BR,1BA$780
Hyde Park NorthKensington1BR,1BA$790

Best Value Apartments for Rent in Colorado Springs, CO

As of September 07, 2026 the best value apartment in the Colorado Springs area is the $0.95 price per square foot B2 Model at Broadview Ridge in the in the Stratton Meadows neighborhood starting from $2,252. The second greatest value Colorado Springs apartment is the 3BR/2.5BA Model at 1248 Nichols Blvd starting at $1,705 with a $1.14 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.
Broadview RidgeB22BR,2.5BA$0.95
1248 Nichols Blvd3BR/2.5BA3BR,2.5BA$1.14
Park BonfoyB42BR,2BA$1.15
Regal Estates1 Bed 1 Bath1BR,1BA$0.86
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Bowden Loop2BR/1.0BA2BR,1BA$0.99
Greentree Village2x1A2BR,1BA$1.16
Jubilee Apartments2 Beds, 1 Baths2BR,1BA$1.05
2127 Preuss Rd2 Beds, 1 Baths2BR,1BA$1.13
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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 2032 Apartments for Rent in Colorado Springs, CO with pricing that ranges from $499 to $6,814. There are also 1098 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colorado Springs ranging from $550 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 $550 to $6,650 with an average monthly rent of $2,180.

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 $6,688, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,245 to $3,795. Four Bedroom Single-Family rentals are also available starting from $1,650 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

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.

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.