
Cheap Homes for Rent in Old Farm Neighborhood of Colorado Springs, CO from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Farm area of Colorado Springs.


5289 Palomino Ranch Point

5289 Palomino Ranch Point

4385 Oro Blanco Dr

4319 N Carefree Cir

6944 Ash Creek Heights

5123 Eros Way
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.

6162 Lantana Lgt Vw

6173 Lantana Lgt Vw

4880 Kerry Lynn View

3162 Vail Pass Dr

4560 Excalibur Ct

6967 Stetson Ranch Point

7125 Ash Creek Heights
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.
Old Farm, Colorado Springs, CO Local Guide

How much does it cost to rent a home in Old Farm?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Farm 2 Bedroom Homes for Rent | $1,949 | $1,595 | $2,500 |
| Old Farm 3 Bedroom Homes for Rent | $2,342 | $1,400 | $2,995 |
| Old Farm 4 Bedroom Homes for Rent | $2,592 | $2,095 | $3,106 |
| Old Farm 5 Bedroom Homes for Rent | $2,747 | $2,600 | $2,870 |
| Old Farm 6 Bedroom Homes for Rent | $3,147 | $2,795 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Old Farm Neighborhood of Colorado Springs, CO.
Explore 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 $771. Kalo Austin Bluffs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. 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 (80 AMI) | 1BR,1BA | $771 |
| Kalo Austin Bluffs | KaloSolo | 1BR,1BA | $800 |
| The Haven at Academy | Studio | Studio,1BA | $830 |
| Park at Palmer Apartments | 1x1 | 1BR,1BA | $832 |
| Newport Square | A1 | 1BR,1BA | $849 |
Best Value Apartments for Rent in Old Farm, CO
As of June 04, 2026 the best value apartment in the Old Farm area is the $1.57 price per square foot 3960 Riviera Grove Model at 3960 Riviera Grove, Unit 101 in the in the Stetson Run neighborhood starting from $1,800. The second greatest value Old Farm apartment is the Aspen Model at Ironwood at Palmer Park starting at $1,645 with a $1.54 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. |
|---|---|---|---|
| 3960 Riviera Grove, Unit 101 | 3960 Riviera Grove | 2BR,2BA | $1.57 |
| Ironwood at Palmer Park | Aspen | 2BR,2BA | $1.54 |
| Candlewood Apartments | 2X2 | 2BR,2BA | $1.30 |
| Greentree Village | 2x1C | 2BR,1BA | $1.12 |
| Copper Rose | Two Bedroom | 2BR,2BA | $1.68 |
| Retreat at Austin Bluffs | The Richmond | 1BR,1BA | $1.65 |
| Greencrest Apartments | 1 Bedroom | 1BR,1BA | $1.69 |
| Park at Palmer Apartments | 1x1 | 1BR,1BA | $1.49 |
| Newport Square | A2 | 1BR,1BA | $1.66 |
| Drexel | DA11 | 1BR,1BA | $1.66 |
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.
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
Frequently Asked Questions about Old Farm
What type of rentals are currently available in Old Farm?
There are currently 93 Apartments for Rent in Old Farm, CO with pricing that ranges from $771 to $6,229. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Farm ranging from $670 to $3,500.
What is the current price range for Rental Homes in Old Farm?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Farm ranges from $670 to $3,500 with an average monthly rent of $2,328.
How much are larger Three and Four Bedroom Rentals in Old Farm?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Farm range from $1,650 to $2,670, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $1,858.
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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.