Cheap Apartments for Rent in the Knob Hill Neighborhood of Colorado Springs, CO from $500 (66 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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Orchid Flats
Rent Specials
$799 - $1,450
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$799 - $1,450

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1 to 3 Bedroom Apartments Available Jul 31

Orchid Flats

3005 Galley RdColorado Springs, CO 80909
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The Montelena
Rent Specials
$799 - $1,400
Total Monthly Price12 Month Lease Term

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Base Rent
$799 - $1,400

Total Monthly Price
$799 - $1,400
Studio to 2 Bedroom Apartments Available Now

The Montelena

2409 E Pikes Peak AveColorado Springs, CO 80909
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Fir Tree
Rent Specials
$799 - $1,149
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$799 - $1,149

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1 to 2 Bedroom Apartments Contact Us For Availability

Fir Tree

3835 Radiant DrColorado Springs, CO 80917
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  • Low Income

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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Airlan Arms
Rent Specials
$834 - $909
Total Monthly Price12 Month Lease Term

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Base Rent
$828 - $903
Required Monthly Fees
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Studio to 2 Bedroom Apartments Available Now

Airlan Arms

1930 E La Salle StColorado Springs, CO 80909
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Oakridge on the Green
Rent Specials
$851 - $1,760
Total Monthly Price12 Month Lease Term

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Base Rent
$840 - $1,749
Required Monthly Fees
$11

Total Monthly Price
$851 - $1,760
1 to 2 Bedroom Apartments Available Now

Oakridge on the Green

801-809 S Circle DrColorado Springs, CO 80910
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property at 3960 Galley Rd

$854

Total Monthly Price

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Base Rent
$854

Total Monthly Price
$854

1 Bedroom, 1 Bath Home for Rent

Available Now

3960 Galley Rd

Colorado SpringsCO80909
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Ascent Apartments
$874 - $1,381
Total Monthly Price12 Month Lease Term

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$874 - $1,381

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1 to 2 Bedroom Apartments Available Now

Ascent Apartments

1030 S Chelton RdColorado Springs, CO 80910
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Aspire Colorado Springs
$890 - $1,273
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$866 - $1,249
Required Monthly Fees
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1 to 2 Bedroom Apartments Available Now

Aspire Colorado Springs

620 N Murray BlvdColorado Springs, CO 80915
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Emory
Rent Specials
$902 - $1,219
Total Monthly Price12 Month Lease Term

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Base Rent
$899 - $1,216
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Studio to 2 Bedroom Apartments Available Now

Emory

930-940 N Murray BlvdColorado Springs, CO 80915
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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.

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The Carlson Apartments
Rent Specials
$975 - $1,390
Total Monthly Price12 Month Lease Term

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$969 - $1,384
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1 to 2 Bedroom Apartments Available Now

The Carlson Apartments

2818 Airport RdColorado Springs, CO 80910
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Stone Canyon
$978 - $1,166
Total Monthly Price12 Month Lease Term

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Base Rent
$972 - $1,160
Required Monthly Fees
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1 to 2 Bedroom Apartments Available Now

Stone Canyon

240 N Murray BlvdColorado Springs, CO 80916
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Mountain Ridge
Rent Specials
$980 - $1,220
Total Monthly Price12 Month Lease Term

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Base Rent
$975 - $1,215
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1 to 3 Bedroom Apartments Available Aug 7

Mountain Ridge

2505 Verde DrColorado Springs, CO 80910
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Aspire Palmer Park
Rent Specials
$995 - $1,488
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Base Rent
$986 - $1,479
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Studio to 2 Bedroom Apartments Available Now

Aspire Palmer Park

1304 E San Miguel StColorado Springs, CO 80909
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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.

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Crestmoor Apartments
$1,005
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$949
Required Monthly Fees
$56

Total Monthly Price
$1,005
1 Bedroom Apartments Available Now

Crestmoor Apartments

1134 Westmoreland RdColorado Springs, CO 80907
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Kingsborough Apartments
Rent Specials
$1,025 - $1,150
Total Monthly Price12 Month Lease Term

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$1,025 - $1,150

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1 to 2 Bedroom Apartments Available Now

Kingsborough Apartments

3817 S Village RdColorado Springs, CO 80917
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Cottages at North Carefree
$1,043 - $3,103
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$999 - $3,059
Required Monthly Fees
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Studio to 2 Bedroom Apartments Available Now

Cottages at North Carefree

3405-3437 N Carefree CirColorado Springs, CO 80917
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Devonshire Square
$1,045 - $1,219
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Total Monthly Price

Base Rent
$1,029 - $1,203
Required Monthly Fees
$16

Total Monthly Price
$1,045 - $1,219
1 to 3 Bedroom Apartments Available Now

Devonshire Square

2770 E Uintah StColorado Springs, CO 80909
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Eastcrest Apartments
Rent Specials
$1,189 - $1,264
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,139 - $1,214
Required Monthly Fees
$50

Total Monthly Price
$1,189 - $1,264
2 Bedroom Apartments Contact Us For Availability

Eastcrest Apartments

4445-4491 E Pikes Peak AveColorado Springs, CO 80916
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Oakdale Springs
Rent Specials
$1,190 - $1,656
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,541
Required Monthly Fees
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1 to 2 Bedroom Apartments Available Now

Oakdale Springs

255 Lionstone DrColorado Springs, CO 80916
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Parc at Prairie Grass
$1,192 - $1,502
Total Monthly Price12 Month Lease Term

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Base Rent
$1,186 - $1,496
Required Monthly Fees
$6

Total Monthly Price
$1,192 - $1,502
1 to 2 Bedroom Apartments Available Now

Parc at Prairie Grass

720 Chapman DrColorado Springs, CO 80916
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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.

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Academy Heights Apartments
Rent Specials
$1,244 - $1,723
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Base Rent
$1,244 - $1,723

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1 to 3 Bedroom Apartments Available Now

Academy Heights Apartments

1340 Inverness DrColorado Springs, CO 80910
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Chateau
$1,295 - $2,320
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$1,295 - $2,320

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1 to 3 Bedroom Apartments Available Now

Chateau

355-355 S Union BlvdColorado Springs, CO 80910
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property at 1405 Tappan Cir

$1,325

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

1405 Tappan Cir, Unit 1403GardenLevelUnit

1405 Tappan Cir
Colorado SpringsCO80909
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Retreat at Patriot Park
Rent Specials
$1,397 - $4,597
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$1,328 - $4,528
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1 to 3 Bedroom Apartments Available Now

Retreat at Patriot Park

5550 Cernan HeightsColorado Springs, CO 80915
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Creekside at Palmer Park
Rent Specials
$1,410 - $2,170
Total Monthly Price

Total Monthly Price

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$1,410 - $2,170

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1 to 3 Bedroom Apartments Available Now

Creekside at Palmer Park

1350 Cascade Creek VwColorado Springs, CO 80915
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Kaleidos
$1,495 - $2,435
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Total Monthly Price

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$1,495 - $2,435

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1 to 4 Bedroom Apartments Available Now

Kaleidos

1810 Kaleidos VwColorado Springs, CO 80916
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Cortland Peterson
Rent Specials
$1,698 - $5,572
Total Monthly Price

Total Monthly Price

Base Rent
$1,683 - $5,557
Required Monthly Fees
$15

Total Monthly Price
$1,698 - $5,572
1 to 3 Bedroom Apartments Available Now

Cortland Peterson

5704 Ella VwColorado Springs, CO 80915
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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.

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 $599. Pinewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. 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$599
Pinewood Apartments520 - 1 Bedroom 1 Bath1BR,1BA$695
Park at Penrose Apartments1X1 (50 AMI)1BR,1BA$731
Newport SquareA11BR,1BA$732
BG - SUMMIT VIEW APARTMENTS1BR/1.0BA1BR,1BA$795
The MontelenaStudioStudio,1BA$799
Gardens at Hidden Creek Apartments1/1.001BR,1BA$800
Kalo Rustic HillsKaloSolo1BR,1BA$825
Citadel WestCTEF1BR,1BA$825
Airlan Arms1 Bedroom1BR,1BA$834

Best Value Apartments for Rent in Knob Hill, CO

As of July 27, 2026 the best value apartment in the Knob Hill area is the $0.50 price per square foot Three Bedroom Model at 11 West | Student Housing in the in the Venetian Village neighborhood starting from $599. The second greatest value Knob Hill apartment is the 3BR/1BA - C1 Model at Aviator Apartments starting at $1,315 with a $1.27 price per square foot in the Knob Hill 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.
11 West | Student HousingThree Bedroom3BR,3BA$0.50
Aviator Apartments3BR/1BA - C13BR,1BA$1.27
Regal Estates1 Bed 1 Bath1BR,1BA$0.86
Kalo SpringsKaloDuo-Premium2BR,1BA$1.31
Greentree Village2x1A2BR,1BA$1.15
Pine CrestB12BR,1BA$1.28
Crestmoor Apartments1 bed, 1 bath1BR,1BA$1.26
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.24
Vista Peak1x11BR,1BA$1.31
Pinewood Apartments520 - 1 Bedroom 1 Bath1BR,1BA$1.34

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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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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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 $834.

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

The cheapest apartment in Knob Hill is Pinewood Apartments which is listed at $695, while the average apartment in Knob Hill costs $2,948.

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 20 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 $198 which is $2,750 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.

Articles, How-To's, and Tips

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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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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.

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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.