Cheap Apartments for Rent in the Palmer Park Neighborhood of Colorado Springs, CO from $600 (56 Rentals)

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

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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Emory
Rent Specials
from $946Studio to 2 Bedroom Apartments Available Now

Emory

930-940 N Murray BlvdColorado Springs, CO 80915
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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

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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1806 La Salle Street
1 Bedroom Apartments

1806 La Salle Street

1802-1806 E La Salle StColorado Springs, CO 80909
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Drexel
1 Bedroom Apartments

Drexel

3914 N Academy BlvdColorado Springs, CO 80917
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Parkwood Apartments
2 Bedroom Apartments

Parkwood Apartments

3401-3429 Parkmoor Village DrColorado Springs, CO 80917
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Parklane Apartments
1 to 2 Bedroom Apartments

Parklane Apartments

3126 N Hancock AveColorado Springs, CO 80907
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April Shamrocks
1 to 2 Bedroom Apartments

April Shamrocks

1010 Delaware DrColorado Springs, CO 80909
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Park Ridge Apartments
1 to 2 Bedroom Apartments

Park Ridge Apartments

2602 W Serendipity Cir WColorado Springs, CO 80917

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Palmer Park, Colorado Springs, CO Local Guide

Cheapest Available Palmer Park Apartments for Rent

 

The cheapest available apartment rental in the Palmer Park area of Colorado Springs, CO is a 3 Beds unit found at 11 West | Student Housing priced from $699. Come Home to Willow Ridge! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Palmer Park apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
11 West | Student HousingThree Bedroom3BR,3BA$699
Come Home to Willow Ridge!1BR/1.0BA1BR,1BA$795
HillsS1Studio,1BA$820
Park at Penrose Apartments1x11BR,1BA$825
Lelaray ApartmentsKaloSolo1BR,1BA$849
Pine CrestST2Studio,1BA$849
Thirteen20 PotterKaloSolo1BR,1BA$849
Olympic Garden$ave money.. Get one month of FREE rent! Limite...1BR,1BA$849
Airlan ArmsStudioStudio,1BA$867
Mountain Pointe Apartments1BR/1.0BA1BR,1BA$875

Best Value Apartments for Rent in Palmer Park, CO

As of June 17, 2025 the best value apartment in the Palmer Park area is the $1.44 price per square foot B1R Model at Ironwood at Palmer Park in the in the Stetson Run neighborhood starting from $1,530. The second greatest value Palmer Park apartment is the Two Bedroom Model at 11 West | Student Housing starting at $799 with a $0.78 price per square foot in the Venetian Village neighborhood. Here is today’s list of the best values for Palmer Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ironwood at Palmer ParkB1R2BR,1.75BA$1.44
11 West | Student HousingTwo Bedroom2BR,2BA$0.78
Yuma Court Townhomes2x1.5 Market2BR,1.5BA$1.37
Aviator Apartments2BR/1BA - B22BR,1BA$1.35
Greentree Village Apts - Income QualifiedA2BR,1BA$1.40
Olympic Garden$ave money.. Get one month of FREE rent! Limite...2BR,1BA$1.47
Devonshire SquareThe Stafford1BR,1BA$1.46
Candlewood Apartment HomesLarge 1x11BR,1BA$1.41
Spring Creek1 Bedroom 1 Bathroom1BR,1BA$1.47
Mountain Pointe Apartments1BR/1.0BA1BR,1BA$1.46

Quick Rent Budget Calculator

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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
Palmer Park, Colorado Springs, CO

Ranked #10

Among neighborhoods in Colorado Springs, CO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Palmer Park, Colorado Springs, CO

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Colorado including Palmer Park, Colorado Springs, and the greater Colorado Springs area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, places that make kids happy, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Palmer Park Neighborhood in Colorado Springs, CO

Walk Score®

64 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

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 Palmer Park Apartments

What is a cheap apartment in Palmer Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Palmer Park is under $875.

What is the price of a cheap apartment in Palmer Park?

The cheapest apartment in Palmer Park is Come Home to Willow Ridge! which is listed at $795, while the average apartment in Palmer Park costs $2,825.

What types of apartments are the cheapest in Palmer Park?

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 41 regular apartments in Palmer Park 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 Palmer Park?

Cheap apartments in Palmer Park have an average cost of $140 which is $2,685 cheaper than the average rent for all rentals in Palmer Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.