Cheap Homes for Rent in the Mountain Shadows Neighborhood of Colorado Springs, CO from $1,300 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Mountain Shadows area of Colorado Springs.

property at 2405 Split Rock Dr
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
3 Bedroom, 2 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

2405 Split Rock Dr

Colorado SpringsCO80919
property at 2427 Split Rock Dr
$1,310

Total Monthly Price

Base Rent$1,310

Total Monthly Price$1,310
2 Bedroom, 1.5 Bath Condo for Rent
Available Now
Affordability

2427 Split Rock Dr

Colorado SpringsCO80919

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

property at 1221 Holland Park Blvd
$1,385

Total Monthly Price

Base Rent$1,385

Total Monthly Price$1,385
2 Bedroom, 1.5 Bath Condo for Rent
Available Now
Affordability

1221 Holland Park Blvd

Colorado SpringsCO80907
property at 6975 Peyote Way
$1,400

Total Monthly Price

Base Rent$1,400

Total Monthly Price$1,400
12 Month Lease Term
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Affordability

6975 Peyote Way

Colorado SpringsCO80919
property at 1240 Darby St
$1,450

Total Monthly Price

Base Rent$1,450

Total Monthly Price$1,450
2 Bedroom Rentals
Available Now
Affordability

1240 Darby St

Colorado SpringsCO80907

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.

property at 6975 Peyote Way
$1,575

Total Monthly Price

Base Rent$1,575

Total Monthly Price$1,575
10 Month Lease Term
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Affordability

6975 Peyote Way

Colorado SpringsCO80919

Best Value Homes for Rent in Mountain Shadows, CO

As of September 21, 2026 the best value rental home in the Mountain Shadows area is the $1.22 price per square foot 2134 Austrian Way Model at 2134 Austrian Way in the Rockrimmon neighborhood starting from $1,845. The second greatest value Mountain Shadows rental home is the 6975 Peyote Way Model at 6975 Peyote Way in the Pine Cliff neighborhood starting at $1,575 with a $1.54 price per square foot. Here is today’s list of the best values for Mountain Shadows homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
2134 Austrian Way2134 Austrian Way2BR, 2BA$1.22
6975 Peyote Way6975 Peyote Way2BR, 1.5BA$1.54

Frequently Asked Questions about Mountain Shadows

What type of rentals are currently available in Mountain Shadows?

There are currently 134 Apartments for Rent in Mountain Shadows, CO with pricing that ranges from $1,195 to $2,492. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountain Shadows ranging from $1,300 to $3,695.

What is the current price range for Rental Homes in Mountain Shadows?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mountain Shadows ranges from $1,300 to $3,695 with an average monthly rent of $2,097.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.