Cheap Apartments for Rent in the Memorial Park Neighborhood of Colorado Springs, CO from $500 (20 Rentals)

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

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Fountain Oaks Apartments
$1,030 - $1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$979 - $1,099
Required Monthly Fees
$51

Total Monthly Price
$1,030 - $1,150
1 to 2 Bedroom Apartments Available Now

Fountain Oaks Apartments

2610-2614 E Fountain BlvdColorado Springs, CO 80910
Affordability
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  • Low Income
  • 3D Tour
property at 2127 Preuss Rd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

2127 Preuss Rd

Colorado SpringsCO80910
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Chateau
$1,295 - $2,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,495

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Chateau

355-355 S Union BlvdColorado Springs, CO 80910
Affordability
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  • Customer Reviewed
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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 to 2 Bedroom Apartments

1505 E Kiowa St

1505-1511 E Kiowa StColorado Springs, CO 80909
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Park Bonfoy
Studio to 2 Bedroom Apartments

Park Bonfoy

129 Bonfoy AveColorado Springs, CO 80909
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Creek View Apartments
Studio to 2 Bedroom Apartments

Creek View Apartments

2330 Fountain BlvdColorado Springs, CO 80910
Military
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Grand View
1 to 2 Bedroom Apartments

Grand View

2505 E Pikes Peak AveColorado Springs, CO 80909
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Bonfoy Apartments
1 Bedroom Apartments

Bonfoy Apartments

110 Bonfoy AveColorado Springs, CO 80909
property at 17 N Meade Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Townhome for Rent

Available Now

17 N Meade Ave

Colorado SpringsCO80909

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property at 222 N Logan Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Condo for Rent

Available Now

222 N Logan Ave

Colorado SpringsCO80909
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1317 E. Las Animas St
2 Bedroom Apartments

1317 E. Las Animas St

1317-1323 E Las Animas StColorado Springs, CO 80910

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 The Montelena priced from $799. Rosewood Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $849. Here are the most affordable Memorial Park apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
The MontelenaStudioStudio,1BA$799
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$849
BG - SUMMIT VIEW APARTMENTS1BR/1.0BA1BR,1BA$850
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$929
Prospect Park1x11BR,1BA$995

Best Value Apartments for Rent in Memorial Park, CO

As of May 21, 2026 the best value apartment in the Memorial Park area is the $1.44 price per square foot 2 Bedroom 2 Bathroom Model at Grand View in the in the Memorial Park neighborhood starting from $1,305. The second greatest value Memorial Park apartment is the 2 Beds, 1 Baths Model at Rosewood Apartments starting at $849 with a $0.94 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.
Grand View2 Bedroom 2 Bathroom2BR,2BA$1.44
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
The Willows at Printers Park ApartmentsAspen1BR,1BA$1.95
Fountain Oaks Apartments1BR/1.0BA1BR,1BA$1.56
Prospect Park1x11BR,1BA$1.58
ChateauA11BR,1BA$2.20
Fairway View1X11BR,1BA$1.88
BG - SUMMIT VIEW APARTMENTS1BR/1.0BA1BR,1BA$1.70
The MontelenaStudioStudio ,1BA$2.28

Frequently Asked Questions about Cheap Memorial Park Apartments

What is the price of a cheap apartment in Memorial Park?

The cheapest apartment in Memorial Park is BG - SUMMIT VIEW APARTMENTS which is listed at $850, while the average apartment in Memorial Park costs $2,235.

What types of apartments are the cheapest in Memorial Park?

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 4 regular apartments in Memorial Park 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 Memorial Park?

Cheap apartments in Memorial Park have an average cost of $114 which is $2,121 cheaper than the average rent for all rentals in Memorial Park.

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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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.