
Cheap Apartments for Rent in the North Colorado Springs Neighborhood of Colorado Springs, CO from $400 (157 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Colorado Springs area of Colorado Springs.


5105 Stone Fence Dr, Unit 5105 Stone Fence Dr

11 West | Student Housing

Newport Square

Park at Penrose Apartments

6435 Chantilly Pl

3419 W Colorado Ave, Unit 101C

670 Van Buren St

Concord Apartments

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Incline Apartments
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

Garden Pines

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Fir Tree

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Orchid Flats

6729 Pahokee Ct

The Haven at Academy

1931 Henderson Ave, Unit 2

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821 N Weber St, Unit #2

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Emory

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Airlan Arms

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Wind River Place
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.

3419 W Colorado Ave, Unit 2B

3960 Galley Rd

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Aspire Fillmore

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8659 Chancellor Dr

Beverly Place

Park at Palmer Apartments

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Chestnut Springs

5545 Bowden Loop

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Oakwood Bend Oakwood Bend

Canyon Ranch Apartments
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.

1115 Chiricahua Loop

1931 Henderson Ave, Unit 8

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Spring Creek

Mountain Pointe Apartments

Shadow Mountain

3022 W Bijou St, Unit E5

Citadel Village Apartments

Birchwood Village

1116 Holland Park Blvd

Traditions at Colorado Springs
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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Greencrest Apartments

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Candlewood Apartments

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Kingsborough Apartments

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Aspen Bluff

Greentree Village

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Aspire Palmer Park

6415 Yvonne Way

3950 Stonedike Dr

1438 Nokomis Dr

Penrose Plaza
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.
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 | $1,094 | $750 | $1,905 |
| North Colorado Springs 1 Bedroom Apartments | $1,476 | $575 | $3,114 |
| North Colorado Springs 2 Bedroom Apartments | $1,772 | $699 | $6,647 |
| North Colorado Springs 3 Bedroom Apartments | $2,360 | $525 | $7,886 |
| North Colorado Springs 4 Bedroom Apartments | $2,444 | $499 | $3,392 |
Browse Apartments in this Neighborhood
There are currently 157 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 $599. Newport Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $732. 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 | $599 |
| Newport Square | A1 | 1BR,1BA | $732 |
| Kalo Lelaray | KaloSolo | 1BR,1BA | $750 |
| Park at Penrose Apartments | 1X1 (50 AMI) | 1BR,1BA | $756 |
| Hyde Park North | Kensington | 1BR,1BA | $775 |
| Kalo Springs | KaloSolo | 1BR,1BA | $775 |
| Concord Apartments | Concord | 1BR,1BA | $795 |
| Incline Apartments | Studio | Studio,1BA | $798 |
| Garden Pines | A1 | 1BR,1BA | $799 |
| Kalo Rustic Hills | KaloSolo | 1BR,1BA | $825 |
Best Value Apartments for Rent in North Colorado Springs, CO
As of August 18, 2026 the best value apartment in the North Colorado Springs area is the $1.21 price per square foot 2645 Oro Blanco Drive Model at 2645 Oro Blanco Drive, Unit 2645 Oro Blanco Dr in the in the Stetson Run neighborhood starting from $2,395. The second greatest value North Colorado Springs apartment is the 2 Beds, 2 Baths Model at 5545-5551 Bonita Village Rd starting at $1,450 with a $1.29 price per square foot in the Rustic Hills 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. |
|---|---|---|---|
| 2645 Oro Blanco Drive, Unit 2645 Oro Blanco Dr | 2645 Oro Blanco Drive | 4BR,3BA | $1.21 |
| 5545-5551 Bonita Village Rd | 2 Beds, 2 Baths | 2BR,2BA | $1.29 |
| Aviator Apartments | 3BR/1BA - C1 | 3BR,1BA | $1.30 |
| 11 West | Student Housing | Two Bedroom | 2BR,2BA | $0.68 |
| Hyde Park | Two Bedroom | 2BR,1BA | $1.17 |
| Greentree Village | 2x1A | 2BR,1BA | $1.15 |
| Aspen Bluff | 2x1.5 | 2BR,1.5BA | $1.16 |
| 3950 Stonedike Dr | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
| Crestmoor Apartments | 1 bed, 1 bath | 1BR,1BA | $1.26 |
| 2610 King St | 2 Beds, 1 Baths | 2BR,1BA | $1.17 |
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.
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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 $825.
What is the price of a cheap apartment in North Colorado Springs?
The cheapest apartment in North Colorado Springs is Newport Square which is listed at $732, while the average apartment in North Colorado Springs costs $1,676.
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 78 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 $278 which is $1,398 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

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.

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.