
Cheap Homes for Rent in Colorado Springs, CO from $500 (88 Rentals)
Search the lowest-cost Homes available for rent right now in Colorado Springs.


3136 Moonbeam Cir S, Unit UPSTAIRS RT

1805 Dewhirst Dr

1630 Shasta Dr

2060 Dewhirst Dr, Unit 3

427-431 E Bijou St

2220 Lisa Dr

2013 Whitman Rd

6825 Timm Ct, Unit Upstairs South Bedroom

1214 N Murray Blvd
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.

11610 Cranston Dr

3620 Richmond Dr

815 N Nevada Ave

2225 Bucolo Ave, Unit 1

2436 E Monument St

3634 Alpine Pl

208 Custer Ave

1501 Coolcrest Dr

208 Custer Ave

3419 W Colorado Ave
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.

6508 Gambol Quail Dr E

7046 Silvergrass Dr

5168 Roundhouse Dr

5738 Vermillion Bluffs Dr

7744 Bone Crk Pt

1501 Coolcrest Dr

942 E Las Animas St

5331 Wagon Hammer Dr

2909 Sage St

8211 Kittrick Pl
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

2068 Fernwood Dr

625 Yuma St

Total Monthly Price
1075 Magnolia St

809 S Hancock Ave

732 S Royer St

10832 Matta Dr, Unit Master room

2404 St Paul Dr

2404 St Paul Dr

Total Monthly Price
4311 N Chestnut St

837 Oxford Ln
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.

9156 Percheron Pony Dr

1160 Mazatlan Cir

1135 Valley Manor Ct

7245 Alegre Cir

3450 Cochran Dr

2068 Fernwood Dr

1015 Western Dr

3306 W Platte Ave

2014 N 7th St

1120 Mazatlan Cir
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.
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 | $1,669 | $875 | $4,000 |
| Colorado Springs 3 Bedroom Homes for Rent | $2,291 | $1,500 | $3,495 |
| Colorado Springs 4 Bedroom Homes for Rent | $2,572 | $650 | $4,000 |
| Colorado Springs 5 Bedroom Homes for Rent | $2,771 | $595 | $3,995 |
| Colorado Springs 6 Bedroom Homes for Rent | $3,067 | $2,885 | $3,200 |
| Colorado Springs 7 Bedroom Homes for Rent | $6,650 | $6,650 | $6,650 |
Browse Top Homes for Rent in Colorado Springs
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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: 04/02/2026Current apartment rentals in the Colorado Springs, CO area range in price from $525 to $6,156 with an overall median price of $2,344. 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 | $1,065 | $750 | 48 |
| Cragmoor | $1,204 | $649 | 40 |
| Venetian Village | $1,204 | $649 | 51 |
| Shooks Run | $1,250 | $900 | 6 |
| Palmer Park | $1,341 | $649 | 235 |
| U Colorado at Colorado Springs | $1,409 | $525 | 179 |
| Divine Redeemer | $1,458 | $763 | 42 |
| Ivywild | $1,499 | $920 | 17 |
| Gateway Park | $1,549 | $750 | 181 |
| Garden Ranch | $1,580 | $830 | 70 |
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 |
| The Montelena | Studio | Studio,1BA | $699 |
| Greentree Village | 2x1C | 2BR,1BA | $703 |
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $729 |
| Central Heights | A1 | 1BR,1BA | $739 |
| Incline Apartments | Studio | Studio,1BA | $749 |
| Summit Creek Apartments | Studio Apartment | Studio,1BA | $750 |
| Gardens at Hidden Creek Apartments | Studio 1 | Studio,1BA | $750 |
Best Value Apartments for Rent in Colorado Springs, CO
As of April 02, 2026 the best value apartment in the Colorado Springs area is the $1.04 price per square foot 5507 Fiesta Ln Model at 5507 Fiesta Ln, Unit 5509 in the in the Norwood neighborhood starting from $1,875. The second greatest value Colorado Springs apartment is the 2BD, 1BTH 1050 Model at The Carlson Apartments starting at $1,200 with a $1.14 price per square foot in the Knob Hill 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. |
|---|---|---|---|
| 5507 Fiesta Ln, Unit 5509 | 5507 Fiesta Ln | 3BR,2BA | $1.04 |
| The Carlson Apartments | 2BD, 1BTH 1050 | 2BR,1BA | $1.14 |
| 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 | $1.18 |
| Riverbend Apartments | 2x1 LVT | 2BR,1BA | $1.05 |
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 1863 Apartments for Rent in Colorado Springs, CO with pricing that ranges from $525 to $6,156. There are also 669 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 $2,618.
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 $649 to $6,156, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,495. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $525.
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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.