
Cheap Apartments for Rent in the Old Farm Neighborhood of Colorado Springs, CO from $700 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Farm area of Colorado Springs.


Park at Penrose Apartments

Beverly Place

Greentree Village

Traditions at Colorado Springs

Candlewood Apartments

Greencrest Apartments
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Kingsborough Apartments

Montebello Gardens

Canyon Ranch Apartments

Park at Palmer Apartments

The Haven at Academy

Cottages at North Carefree

Copper Rose
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4510 Picturesque Cir

Residences at Falcon North

First and Main Apartments

6460 Fall River Dr
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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.

5744 Heathland Terrace
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
Old Farm, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Old Farm?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Farm Studio Apartments | $1,270 | $1,123 | $1,899 |
| Old Farm 1 Bedroom Apartments | $1,504 | $788 | $4,611 |
| Old Farm 2 Bedroom Apartments | $1,763 | $899 | $4,075 |
| Old Farm 3 Bedroom Apartments | $2,159 | $1,600 | $3,065 |
| Old Farm 4 Bedroom Apartments | $2,086 | $1,789 | $2,295 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Old Farm Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Old Farm, Colorado Springs, CO Local Guide
- Nearby Colorado Springs neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Old Farm Apartments for Rent
 The cheapest available apartment rental in the Old Farm area of Colorado Springs, CO is a 1 Bed unit found at Park at Penrose Apartments priced from $788. Austin Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Old Farm apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park at Penrose Apartments | 1x1 | 1BR,1BA | $788 |
| Austin Park | Cheyenne | 1BR,1BA | $880 |
| Greentree Village | 2x1A | 2BR,1BA | $899 |
| Newport Square Apartments | 1BR/1BA - A2 | 1BR,1BA | $899 |
| Kalo Village Seven | KaloSolo | 1BR,1BA | $900 |
| Kalo Austin Bluffs | KaloSolo | 1BR,1BA | $900 |
| Traditions at Colorado Springs | Studio | Studio,1BA | $926 |
| Candlewood Apartments | 1X1 651 | 1BR,1BA | $950 |
| Ridgeview Place | Aspen | 1BR,1BA | $956 |
| Drexel | DA11 | 1BR,1BA | $965 |
Best Value Apartments for Rent in Old Farm, CO
As of December 20, 2025 the best value apartment in the Old Farm area is the $1.49 price per square foot Augusta Model at Winfield in the in the Stetson Run neighborhood starting from $1,650. The second greatest value Old Farm apartment is the Pine Model at Ironwood at Palmer Park starting at $1,395 with a $1.31 price per square foot in the Stetson Run neighborhood. Here is today’s list of the best values for Old Farm apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Winfield | Augusta | 3BR,2BA | $1.49 |
| Ironwood at Palmer Park | Pine | 2BR,2BA | $1.31 |
| Greentree Village | 2x1B | 2BR,1BA | $1.11 |
| Copper Rose | Two Bedroom | 2BR,2BA | $1.61 |
| First and Main Apartments | A1 (Metro) | 1BR,1BA | $1.65 |
| Retreat at Austin Bluffs | The Richmond | 1BR,1BA | $1.64 |
| Canyon Ranch Apartments | 1x1 700 sq ft | 1BR,1BA | $1.49 |
| Candlewood Apartments | 1X1 W/FIREPLACE | 1BR,1BA | $1.59 |
| Montebello Gardens | 11A | 1BR,1BA | $1.60 |
| Kingsborough Apartments | 1X1 | 1BR,1BA | $1.63 |
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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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.
Pet Friendly LifestyleOld Farm, Colorado Springs, CO
Ranked #33
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Old Farm, Colorado Springs, CO
Rudy Elementary School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States including Old Farm, Colorado Springs, and the greater Colorado Springs area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Old Farm Neighborhood in Colorado Springs, CO
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Old Farm Apartments
What is the Cheapest Studio apartment in Old Farm?
Currently the most affordable Cheap Studio Apartment in Old Farm is at Traditions at Colorado Springs listed at $926.
How much is rent for a Cheap One Bedroom Old Farm Apartment?
The lowest price for a Cheap One Bedroom Old Farm Apartment is $788 at Park at Penrose Apartments.
What is the lowest price for a Cheap Two Bedroom Old Farm Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Farm is starting from $899 at Greentree Village.
What is the most affordable Old Farm Three Bedroom Apartment?
The best deal on a cheap Old Farm Three Bedroom Apartment rental is at Winfield and starts from $1,650.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!











