Cheap Apartments for Rent in the Memorial Park Neighborhood of Colorado Springs, CO from $500 (8 Rentals)

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

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.

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The Bonfoy Apartments
Studio to 2 Bedroom Apartments

The Bonfoy Apartments

112 Bonfoy AveColorado Springs, CO 80909
  • Utilities Included
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1505 E Kiowa St
Studio Apartments

1505 E Kiowa St

1505-1511 E Kiowa StColorado Springs, CO 80909
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Creek View Apartments
Studio to 2 Bedroom Apartments

Creek View Apartments

2330 Fountain BlvdColorado Springs, CO 80910

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

Memorial Park, Colorado Springs, CO Local Guide

Cheapest Available Memorial Park Apartments for Rent

 

The cheapest available apartment rental in the Memorial Park area of Colorado Springs, CO is a Studio unit found at Urban Edge Apartments priced from $795. Fountain Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Memorial Park apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Urban Edge ApartmentsStudioStudio,1BA$795
Fountain Oaks Apartments1BR/1.0BA1BR,1BA$850
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$899

Best Value Apartments for Rent in Memorial Park, CO

As of June 20, 2025 the best value apartment in the Memorial Park area is the $1.66 price per square foot 2 Bedroom, 1 Bath Model at Chateau Apartments in the in the Knob Hill neighborhood starting from $1,655. The second greatest value Memorial Park apartment is the 2 Beds, 1 Baths Model at Rosewood Apartments starting at $899 with a $1.00 price per square foot in the Memorial Park neighborhood. Here is today’s list of the best values for Memorial Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chateau Apartments2 Bedroom, 1 Bath2BR,1BA$1.66
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$1.00
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Park BonfoyA31BR,1BA$1.67
Grand View1 Bedroom1BR,1BA$1.55
Fountain Oaks Apartments1BR/1.0BA1BR,1BA$1.29
The Willows at Printers Park ApartmentsElm1BR,1BA$2.05
Prospect Park1x11BR,1BA$1.58
Urban Edge ApartmentsStudioStudio ,1BA$2.27

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Pet Friendly Lifestyle
Memorial Park, Colorado Springs, CO

Ranked #71

Among neighborhoods in Colorado Springs, CO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Memorial Park Neighborhood in Colorado Springs, CO

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Memorial Park Apartments

How much is rent for a Cheap One Bedroom Memorial Park Apartment?

The lowest price for a Cheap One Bedroom Memorial Park Apartment is $850 at Fountain Oaks Apartments.

What is the lowest price for a Cheap Two Bedroom Memorial Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Memorial Park is starting from $899 at Rosewood Apartments.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO article

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.