
Cheap Apartments for Rent in the North Colorado Springs Neighborhood of Colorado Springs, CO from $400 (201 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Colorado Springs area of Colorado Springs.


4260 McPherson Ave, Unit 4

11 West | Student Housing

6435 Chantilly Pl, Unit Chantilly

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Park at Penrose Apartments

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1075 Magnolia St, Unit 3

6435 Chantilly Pl

2220 Lisa Dr

2225 Bucolo Ave

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Airlan Arms
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.

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Park at Palmer Apartments

2060 Dewhirst Dr, Unit 2

Garden Pines

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Orchid Flats

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Pikes Place on San Miguel

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Fir Tree

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1204 Fagin Dr, Unit Private Room

3419 W Colorado Ave, Unit 101C

3634 Alpine Pl

2051 N Academy Blvd, Unit Room 2
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Haven at Academy

3022 W Bijou St, Unit E2

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Incline Apartments

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Newport Square (OLD)

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Wind River Place

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Chestnut Springs

3960 Galley Rd

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8659 Chancellor Dr

Beverly Place

Penrose Plaza
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

2631 W Pikes Peak Ave

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Oakwood Bend Oakwood Bend

Mountain Pointe Apartments

University Village Apartments

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Chestnut Hills

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Emory

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4311 N Chestnut St, Unit 2

1931 Henderson Ave, Unit 2

Canyon Ranch Apartments

Citadel Village Apartments
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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Aspire Fillmore

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Spring Creek

Birchwood Village

6735 Glade Park Dr

Traditions at Colorado Springs

Greentree Village

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Candlewood Apartments

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Greencrest Apartments

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North 49 Apartments

1163 Cree Dr
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.
North Colorado Springs, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in North Colorado Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Colorado Springs Studio Apartments | $1,226 | $769 | $2,159 |
| North Colorado Springs 1 Bedroom Apartments | $1,441 | $650 | $5,234 |
| North Colorado Springs 2 Bedroom Apartments | $1,755 | $722 | $6,714 |
| North Colorado Springs 3 Bedroom Apartments | $2,291 | $525 | $10,000+ |
| North Colorado Springs 4 Bedroom Apartments | $2,686 | $499 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 201 rentals with your search options within a 2 mile radius of the North Colorado Springs Neighborhood of Colorado Springs, CO.
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North Colorado Springs, Colorado Springs, CO Local Guide
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Cheapest Available North Colorado Springs Apartments for Rent
 The cheapest available apartment rental in the North Colorado Springs area of Colorado Springs, CO is a 3 Beds unit found at 11 West | Student Housing priced from $622. Hyde Park North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable North Colorado Springs apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 West | Student Housing | Three Bedroom | 3BR,3BA | $622 |
| Hyde Park North | Kensington | 1BR,1BA | $725 |
| Park at Penrose Apartments | 1X1 (50 AMI) | 1BR,1BA | $731 |
| Kalo Village Seven | KaloSolo | 1BR,1BA | $750 |
| Kalo Lelaray | KaloSolo | 1BR,1BA | $750 |
| 2909 Sage St | 2 Beds, 1 Baths | 2BR,1BA | $768 |
| Airlan Arms | Studio | Studio,1BA | $769 |
| Park at Palmer Apartments | 1x1 | 1BR,1BA | $782 |
| Hills | S1 | Studio,1BA | $790 |
| Garden Pines | A1 | 1BR,1BA | $799 |
Best Value Apartments for Rent in North Colorado Springs, CO
As of July 03, 2026 the best value apartment in the North Colorado Springs area is the $1.10 price per square foot 3/2 Model at The Creek at Cottonwood in the in the Stetson Run neighborhood starting from $1,523. The second greatest value North Colorado Springs apartment is the Grays Peak Model at University Village Apartments starting at $1,350 with a $1.23 price per square foot in the Rockrimmon neighborhood. Here is today’s list of the best values for North Colorado Springs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Creek at Cottonwood | 3/2 | 3BR,2BA | $1.10 |
| University Village Apartments | Grays Peak | 3BR,2BA | $1.23 |
| 11 West | Student Housing | Two Bedroom | 2BR,2BA | $0.71 |
| 1204 Fagin Dr, Unit Private Room | 1204 Fagin Dr | 1BR,1BA | $0.89 |
| Greentree Village | 2x1B | 2BR,1BA | $1.11 |
| Lookout on Cragmor | Student Housing | B1 | 2 Bedroom | 2BR,2BA | $0.95 |
| Aspen Bluff | 2x1.5 | 2BR,1.5BA | $1.16 |
| Aviator Apartments | 2BR/1BA - B1 | 2BR,1BA | $1.04 |
| 1055 Chiricahua Loop | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
| 2909 Sage St | 2 Beds, 1 Baths | 2BR,1BA | $1.11 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in North Colorado Springs, Colorado Springs, CO
King Elementary School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States including North Colorado Springs, Colorado Springs, and the greater Colorado Springs area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap North Colorado Springs Apartments
What is a cheap apartment in North Colorado Springs?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Colorado Springs is under $799.
What is the price of a cheap apartment in North Colorado Springs?
The cheapest apartment in North Colorado Springs is Hyde Park North which is listed at $725, while the average apartment in North Colorado Springs costs $2,800.
What types of apartments are the cheapest in North Colorado Springs?
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 62 regular apartments in North Colorado Springs 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 North Colorado Springs?
Cheap apartments in North Colorado Springs have an average cost of $164 which is $2,636 cheaper than the average rent for all rentals in North Colorado Springs.
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.