Cheap Apartments for Rent in the Knob Hill Neighborhood of Colorado Springs, CO from $600 (63 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Knob Hill area of Colorado Springs.

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Emory
$899
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available May 11

Emory

930-940 N Murray BlvdColorado Springs, CO 80915
Affordability
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  • Customer Reviewed
  • 3D Tour

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Learn about Colorado Springs and the best places to live with original content written by our Local Expert Darla Ferrara

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Crestmoor Apartments
$1,012 - $1,190
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$972 - $1,150
Required Monthly Fees
$40
Total Monthly Price
$1,012 - $1,190
1 to 2 Bedroom Apartments Available Now

Crestmoor Apartments

1134 Westmoreland RdColorado Springs, CO 80907
Affordability
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Copper Creek
Rent Specials
$1,184 - $1,634
Plus Fees6 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Copper Creek

4980 Copper Springs View StColorado Springs, CO 80916
Luxury
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Aviator Apartments
1 to 3 Bedroom Apartments

Aviator Apartments

1670 N Murray BlvdColorado Springs, CO 80915

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Knob Hill, Colorado Springs, CO Local Guide

Cheapest Available Knob Hill Apartments for Rent

 

The cheapest available apartment rental in the Knob Hill area of Colorado Springs, CO is a 3 Beds unit found at 11 West | Student Housing priced from $679. Park at Penrose Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here are the most affordable Knob Hill apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
11 West | Student HousingThree Bedroom3BR,3BA$679
Park at Penrose Apartments1X1 (80% AMI)1BR,1BA$771
Airlan ArmsStudioStudio,1BA$773
Central HeightsA11BR,1BA$795
Pinewood Apartments520 - 1 Bedroom 1 Bath1BR,1BA$795
Pine CrestST1Studio,1BA$799
Fir TreeA21BR,1BA$799
The MontelenaStudioStudio,1BA$799
Pikes Place on San MiguelS11BR,1BA$809
Oakridge on the GreenAshcroft - C Grade1BR,1BA$824

Best Value Apartments for Rent in Knob Hill, CO

As of March 11, 2026 the best value apartment in the Knob Hill area is the $1.35 price per square foot 3BR/2BA - C2 Model at Aviator Apartments in the in the Knob Hill neighborhood starting from $1,395. The second greatest value Knob Hill apartment is the Two Bedroom Model at 11 West | Student Housing starting at $799 with a $0.78 price per square foot in the Venetian Village neighborhood. Here is today’s list of the best values for Knob Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aviator Apartments3BR/2BA - C23BR,2BA$1.35
11 West | Student HousingTwo Bedroom2BR,2BA$0.78
Yuma Court TownhomesB12BR,1.5BA$1.07
Eastcrest Apartments2 Beds, 1 bath2BR,1BA$1.15
Regal Estates1 Bed 1 Bath1BR,1BA$0.96
Greentree Village2x1B2BR,1BA$1.20
Aspire Colorado SpringsTwo Bedroom2BR,1BA$1.30
Westview ApartmentsTwo Bedroom2BR,1BA$1.36
Parc at Prairie Grass1BD, 1BTH1BR,1BA$1.33
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.24

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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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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Colorado Springs. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, places to raise kids, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Knob Hill Apartments

What is a cheap apartment in Knob Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Knob Hill is under $824.

What is the price of a cheap apartment in Knob Hill?

The cheapest apartment in Knob Hill is Park at Penrose Apartments which is listed at $771, while the average apartment in Knob Hill costs $2,778.

What types of apartments are the cheapest in Knob Hill?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 64 regular apartments in Knob Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Knob Hill?

Cheap apartments in Knob Hill have an average cost of $225 which is $2,553 cheaper than the average rent for all rentals in Knob Hill.

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.

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