Cheap Apartments for Rent in the North Colorado Springs Neighborhood of Colorado Springs, CO from $500 (172 Rentals)

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

property at 80 W Taylor St

$750

1 Bedroom Rentals

Available Now

80 W Taylor St

Colorado SpringsCO80907

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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North Colorado Springs, Colorado Springs, CO Local Guide

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 $540. Park at Penrose Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $782. Here are the most affordable North Colorado Springs apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
11 West | Student HousingThree Bedroom3BR,3BA$540
Park at Penrose Apartments1x11BR,1BA$782
Incline ApartmentsStudioStudio,1BA$789
Concord ApartmentsConcord1BR,1BA$795
Pine CrestST2Studio,1BA$799
Pikes Place on San MiguelA11BR,1BA$799
HillsS1Studio,1BA$820
Airlan ArmsStudioStudio,1BA$821
Kalo SpringsKaloSolo1BR,1BA$825
Kalo Rustic HillsKaloSolo1BR,1BA$825

Best Value Apartments for Rent in North Colorado Springs, CO

As of December 30, 2025 the best value apartment in the North Colorado Springs area is the $1.15 price per square foot Windsor- B Grade Model at Rampart View Apartments in the in the Norwood neighborhood starting from $1,480. The second greatest value North Colorado Springs apartment is the 1x1 - 600 sqft - A2 Model at Cottages at Rampart Park starting at $1,499 with a $1.25 price per square foot in the Norwood neighborhood. Here is today’s list of the best values for North Colorado Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rampart View ApartmentsWindsor- B Grade2BR,2BA$1.15
Cottages at Rampart Park1x1 - 600 sqft - A2Studio ,1BA$1.25
The Creek at Cottonwood Apartment Homes2x22BR,2BA$1.10
11 West | Student HousingTwo Bedroom2BR,2BA$0.65
Fir Tree2 Bed Market2BR,1.5BA$1.22
Greentree Village2x1B2BR,1BA$1.11
Hyde Park NorthSt. James2BR,1BA$1.21
Bristol SquareTwo Bedroom2BR,1BA$1.12
Mason Manor Apartments1bd/1ba Renovated1BR,1BA$1.31
Pikes Place on San MiguelA11BR,1BA$1.28

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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Quick 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.

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Pet Friendly Lifestyle
North Colorado Springs, Colorado Springs, CO

Ranked #2

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
North Colorado Springs, Colorado Springs, CO

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 Park at Penrose Apartments which is listed at $782, while the average apartment in North Colorado Springs costs $2,655.

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 199 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 $180 which is $2,475 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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.