Cheap Apartments for Rent in the Old Farm Neighborhood of Colorado Springs, CO from $700 (59 Rentals)

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

property at 6735 Glade Park Dr

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

4 Bedroom, 3.5 Bath Home for Rent

Available Now

6735 Glade Park Dr

Colorado SpringsCO80918
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Greencrest Apartments
$965 - $1,265
Total Monthly Price7 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,250
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Greencrest Apartments

3335 Austin Bluffs PkyColorado Springs, CO 80918
Affordability
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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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Candlewood Apartments
$965 - $1,315
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,300
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Candlewood Apartments

3635 Van Teylingen DrColorado Springs, CO 80917
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Kingsborough Apartments
Rent Specials
$1,025 - $1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,150

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Kingsborough Apartments

3817 S Village RdColorado Springs, CO 80917
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Cottages at North Carefree
$1,043 - $3,004
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $2,960
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 28

Cottages at North Carefree

3405-3437 N Carefree CirColorado Springs, CO 80917
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Montebello Gardens
$1,065 - $1,355
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,355

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Montebello Gardens

4414 Montebello DrColorado Springs, CO 80918
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Ridgeview Place
$1,182 - $3,231
Total Monthly Price

Total Monthly Price

Base Rent
$1,176 - $3,225
Required Monthly Fees
Varies

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Ridgeview Place

3310 Knoll LnColorado Springs, CO 80917
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Alpine Vista
$1,187 - $1,705
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,187 - $1,705

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Alpine Vista

6270 Barnes RdColorado Springs, CO 80922
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property at 4615 Picturesque Ct

$1,195 - $1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom Rentals

Available Now

4615 Picturesque Ct

Colorado SpringsCO80917

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.

property at 4635 Picturesque Ct

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

4635 Picturesque Ct

Colorado SpringsCO80917
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Pine Bluffs
$1,395 - $2,125
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,125

Total Monthly Price
$1,395 - $2,125
1 to 3 Bedroom Apartments Available Now

Pine Bluffs

6470 Timber Bluff PtColorado Springs, CO 80918
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The Madison at Stetson Hills
Rent Specials
$1,441 - $2,018
Total Monthly Price

Total Monthly Price

Base Rent
$1,398 - $1,975
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Madison at Stetson Hills

6415 Templeton Gap RdColorado Springs, CO 80923
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Champions
$1,466 - $2,413
Total Monthly Price

Total Monthly Price

Base Rent
$1,439 - $2,386
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Champions

4505 Dublin BlvdColorado Springs, CO 80923
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Crowne at Rio Vista
Rent Specials
$1,425 - $2,659
Total Monthly Price

Total Monthly Price

Base Rent
$1,385 - $2,619
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Crowne at Rio Vista

4090 Rio Vista DrColorado Springs, CO 80917
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Cortland Powers North
Rent Specials
$1,473 - $5,819
Total Monthly Price

Total Monthly Price

Base Rent
$1,458 - $5,804
Required Monthly Fees
$15

Total Monthly Price
$1,473 - $5,819
1 to 2 Bedroom Apartments Available Now

Cortland Powers North

5850 Welkin CirColorado Springs, CO 80917
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The Taylor at Greenway
Rent Specials
$1,550 - $2,670
Total Monthly Price

Total Monthly Price

Base Rent
$1,496 - $2,616
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Taylor at Greenway

2925 Greenway Creek VwColorado Springs, CO 80922
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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.

property at 3080 Mandalay Grove

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 2 Bath Home for Rent

Available Now

3080 Mandalay Grove

Colorado SpringsCO80917
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Kalo Village Seven
Studio to 2 Bedroom Apartments

Kalo Village Seven

3807 Half Turn RdColorado Springs, CO 80917
Corporate Housing
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Kalo Austin Bluffs
1 to 2 Bedroom Apartments

Kalo Austin Bluffs

3555 Westwood BlvdColorado Springs, CO 80918
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Parkwood Apartments
2 Bedroom Apartments

Parkwood Apartments

3401-3429 Parkmoor Village DrColorado Springs, CO 80917
  • Utilities Included
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Austin Park
1 to 2 Bedroom Apartments

Austin Park

3940 Harmony DrColorado Springs, CO 80917
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Atrium at Austin Bluffs
1 to 2 Bedroom Apartments

Atrium at Austin Bluffs

4921 Templeton Gap RdColorado Springs, CO 80923
Senior Living
  • Utilities Included
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Drexel
1 to 2 Bedroom Apartments

Drexel

3914 N Academy BlvdColorado Springs, CO 80917
  • Utilities Included
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Heatherwood Club
1 to 2 Bedroom Apartments

Heatherwood Club

3741 Oro Blanco DrColorado Springs, CO 80917
  • Utilities Included

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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3410 N Carefree Cir
Studio to 1 Bedroom Apartments

3410 N Carefree Cir

3410 N Carefree CirColorado Springs, CO 80917
property at 5043 Rainbow Harbour Cir

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

5043 Rainbow Harbour Cir

Colorado SpringsCO80917
property at 4385 Oro Blanco Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

4385 Oro Blanco Dr

Colorado SpringsCO80917
property at 5129 Rainbow Harbour Cir

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Townhome for Rent

Available Now

5129 Rainbow Harbour Cir

Colorado SpringsCO80917
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Winfield
2 to 3 Bedroom Apartments

Winfield

6134 Romley PtColorado Springs, CO 80922
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Templeton Ridge
1 to 3 Bedroom Apartments

Templeton Ridge

4703-5032 Winewood Village RdColorado Springs, CO 80917
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Ironwood at Palmer Park
2 Bedroom Apartments

Ironwood at Palmer Park

3504 Van Teylingen DrColorado Springs, CO 80917
Student Housing
property at 6944 Ash Creek Heights

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 2 Bath Home for Rent

Available Now

6944 Ash Creek Heights

Colorado SpringsCO80922

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.

Old Farm, Colorado Springs, CO Local Guide

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 $731. Kalo Village Seven has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Old Farm apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Park at Penrose Apartments1X1 (50 AMI)1BR,1BA$731
Kalo Village SevenKaloSolo1BR,1BA$750
Park at Palmer Apartments1x11BR,1BA$782
Kalo Austin BluffsKaloSolo1BR,1BA$800
The Haven at AcademyStudioStudio,1BA$820
Austin ParkCheyenne1BR,1BA$895
Greentree Village2x1A2BR,1BA$957
Candlewood Apartments1X1 6511BR,1BA$965
Greencrest Apartments1 Bedroom1BR,1BA$965
DrexelDA111BR,1BA$995

Best Value Apartments for Rent in Old Farm, CO

As of July 09, 2026 the best value apartment in the Old Farm area is the $1.54 price per square foot B2 (Impulse) Model at First and Main Apartments in the in the Stetson Run neighborhood starting from $1,761. The second greatest value Old Farm apartment is the Aspen Model at Ironwood at Palmer Park starting at $1,525 with a $1.43 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 ListingModel NameBed/BathPrice Per Sq.Ft.
First and Main ApartmentsB2 (Impulse)2BR,2BA$1.54
Ironwood at Palmer ParkAspen2BR,2BA$1.43
Greentree Village2x1B2BR,1BA$1.11
Retreat at Austin BluffsThe Crosswind2BR,1BA$1.67
Park at Palmer Apartments2x22BR,2BA$1.42
Newport Square (OLD)B22BR,1BA$1.42
Copper RoseOne Bedroom1BR,1BA$1.68
Candlewood Apartments1X1 W/FIREPLACE1BR,1BA$1.62
Traditions at Colorado SpringsWillow1BR,1BA$1.67
Kalo Village SevenKaloSolo1BR,1BA$1.35

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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Real 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.

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Pet Friendly Lifestyle
Old Farm, Colorado Springs, CO

Ranked #23

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 price of a cheap apartment in Old Farm?

The cheapest apartment in Old Farm is Park at Penrose Apartments which is listed at $731, while the average apartment in Old Farm costs $2,140.

What types of apartments are the cheapest in Old Farm?

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 31 regular apartments in Old Farm 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 Old Farm?

Cheap apartments in Old Farm have an average cost of $545 which is $1,595 cheaper than the average rent for all rentals in Old Farm.

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 Expert's 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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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.

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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.

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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.