
Cheap Apartments for Rent in the Old Farm Neighborhood of Colorado Springs, CO from $700 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Farm area of Colorado Springs.


6431 Binder Dr

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Park at Penrose Apartments

6431 Binder Dr

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Newport Square

Beverly Place

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Park at Palmer Apartments

Canyon Ranch Apartments
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Traditions at Colorado Springs

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Candlewood Apartments

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Greencrest Apartments

Greentree Village

Kingsborough Apartments

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Ridgeview Place

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Montebello Gardens

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Cottages at North Carefree
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Copper Rose

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Residences at Falcon North

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Heritage at Hidden Creek

4615 Picturesque Ct

5465 Gunshot Pass Dr

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The Haven at Academy

Kalo Village Seven

Parkwood 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

Kalo Austin Bluffs

Austin Park

Drexel

Atrium at Austin Bluffs

Retreat at Austin Bluffs

Heatherwood Club

3410 N Carefree Cir

4610 Picturesque Court
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3134 Monteluna Grv
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 | $1,278 | $1,108 | $1,918 |
| Old Farm 1 Bedroom Apartments | $1,460 | $835 | $4,626 |
| Old Farm 2 Bedroom Apartments | $1,741 | $999 | $3,776 |
| Old Farm 3 Bedroom Apartments | $2,168 | $1,614 | $2,794 |
| Old Farm 4 Bedroom Apartments | $2,076 | $1,789 | $2,240 |
Browse Apartments in this Neighborhood
There are currently 33 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
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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 $771. Newport Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. 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 | $771 |
| Newport Square | A1 | 1BR,1BA | $849 |
| Kalo Village Seven | KaloSolo | 1BR,1BA | $850 |
| Kalo Austin Bluffs | KaloSolo | 1BR,1BA | $896 |
| Park at Palmer Apartments | 1x1 | 1BR,1BA | $907 |
| Traditions at Colorado Springs | Studio | Studio,1BA | $926 |
| Greencrest Apartments | 1 Bedroom | 1BR,1BA | $965 |
| Drexel | DA11 | 1BR,1BA | $965 |
| Greentree Village | 2x1A | 2BR,1BA | $999 |
| Kingsborough Apartments | 1X1 | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Old Farm, CO
As of February 22, 2026 the best value apartment in the Old Farm area is the $1.39 price per square foot Windsor Model at Crowne at Rio Vista in the in the Stetson Run neighborhood starting from $1,944. The second greatest value Old Farm apartment is the C1 (Contemporary) Model at First and Main Apartments starting at $1,937 with a $1.45 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. |
|---|---|---|---|
| Crowne at Rio Vista | Windsor | 3BR,2BA | $1.39 |
| First and Main Apartments | C1 (Contemporary) | 3BR,2BA | $1.45 |
| Ridgeview Place | Douglas | 3BR,2BA | $1.60 |
| Heritage at Hidden Creek | Botanica | 2BR,2BA | $1.53 |
| Ironwood at Palmer Park | Aspen | 2BR,2BA | $1.31 |
| Greentree Village | 2x1B | 2BR,1BA | $1.20 |
| Copper Rose | Two Bedroom | 2BR,2BA | $1.61 |
| Retreat at Austin Bluffs | The Richmond | 1BR,1BA | $1.66 |
| Park at Palmer Apartments | 1x1 | 1BR,1BA | $1.62 |
| Kalo Village Seven | KaloSolo-Premium | 1BR,1BA | $1.61 |
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 #30
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!
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 $771 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 $967 at Park at Penrose Apartments.
What is the most affordable Old Farm Three Bedroom Apartment?
The best deal on a cheap Old Farm Three Bedroom Apartment rental is at Retreat at Austin Bluffs and starts from $1,901.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.