Cheap Homes for Rent in Old Farm Neighborhood of Colorado Springs, CO from $600 (17 Rentals)

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

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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property at 4882 Sonata Dr

4882 Sonata Dr

Colorado SpringsCO80918

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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property at 3525 Rebecca Ln

3525 Rebecca Ln

Colorado SpringsCO80917

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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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 $788. Newport Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Old Farm apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Park at Penrose Apartments1x11BR,1BA$788
Newport Square Apartments1BR/1BA - A21BR,1BA$899
Greentree Village2x1A2BR,1BA$899
Austin ParkPikes Peak2BR,1BA$925
Traditions at Colorado SpringsStudioStudio,1BA$926

Best Value Apartments for Rent in Old Farm, CO

As of December 16, 2025 the best value apartment in the Old Farm area is the $1.63 price per square foot Douglas Model at Ridgeview Place in the in the Stetson Run neighborhood starting from $2,014. The second greatest value Old Farm apartment is the Augusta Model at Winfield starting at $1,650 with a $1.49 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.
Ridgeview PlaceDouglas3BR,2BA$1.63
WinfieldAugusta3BR,2BA$1.49
Ironwood at Palmer ParkPine2BR,2BA$1.31
Greentree Village2x1B2BR,1BA$1.11
Copper RoseOne Bedroom1BR,1BA$1.62
Austin ParkPikes Peak2BR,1BA$1.28
Retreat at Austin BluffsThe Richmond1BR,1BA$1.62
Canyon Ranch Apartments1x1 700 sq ft1BR,1BA$1.49
Candlewood Apartments1X1 W/FIREPLACE1BR,1BA$1.59
Kingsborough Apartments1X11BR,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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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
Old Farm, Colorado Springs, CO

Ranked #36

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Old Farm, Colorado Springs, CO

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 95 Apartments for Rent in Old Farm, CO with pricing that ranges from $788 to $4,611. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Farm ranging from $670 to $3,385.

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 $3,385 with an average monthly rent of $2,108.

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 $1,600 to $3,065, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,620. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,789.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!