4260 McPherson Ave
Colorado SpringsCO80909
Cheap Apartments for Rent in the Palmer Park Neighborhood of Colorado Springs, CO from $500 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palmer Park area of Colorado Springs.
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Rent Specials
$599 - $769
Plus Fees
2 to 3 Bedroom Apartments Available Now11 West | Student Housing
1192 Westmoreland RdColorado Springs, CO 80907
1214 N Murray Blvd
Colorado SpringsCO80909
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Rent Specials
$771 - $1,692
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$771 - $1,692
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Park at Penrose Apartments
3802 Half Turn RdColorado Springs, CO 80917
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Rent Specials
$783 - $961
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAirlan Arms
1930 E La Salle StColorado Springs, CO 80909
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Rent Specials
$799 - $1,150
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$799 - $1,150
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Fir Tree
3835 Radiant DrColorado Springs, CO 80917
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$799 - $899
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowMountain Pointe Apartments
2634 E Yampa StColorado Springs, CO 80909
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$799 - $1,500
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$799 - $1,500
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Pine Crest
3734 E La Salle StColorado Springs, CO 80909
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$799 - $1,220
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$799 - $1,220
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Pikes Place on San Miguel
3717 E San Miguel StColorado Springs, CO 80909
3960 Galley Rd
Colorado SpringsCO80909
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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$830 - $1,350
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Haven at Academy
3880 N Academy BlvdColorado Springs, CO 80917
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$849 - $1,149
Total Monthly Price
1 to 2 Bedroom Apartments Available May 19Total Monthly Price
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$849 - $1,149
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Newport Square
3780 Rebecca LnColorado Springs, CO 80917
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$875 - $1,650
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityBeverly Place
4330 Burton WayColorado Springs, CO 80918
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Rent Specials
$883 - $1,486
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$860 - $1,463
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Aspire Palmer Park
1304 E San Miguel StColorado Springs, CO 80909
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Rent Specials
$895 - $1,095
Plus Fees
1 to 2 Bedroom Apartments Available NowPenrose Plaza
3616 E Galley RdColorado Springs, CO 80909
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$895
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$847
Required Monthly Fees
$48
Total Monthly Price
$895
1075 Magnolia St, Unit 1
1075 Magnolia StColorado Springs, CO 80907
1606 McKay Way
Colorado SpringsCO80915
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Rent Specials
$923 - $1,216
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSpring Creek
921 Westmoreland RdColorado Springs, CO 80907
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$924 - $1,179
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available May 20Canyon Ranch Apartments
3688 Parkmoor Village DrColorado Springs, CO 80917
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$925
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available May 13Mason Manor Apartments
1129 Bennett AveColorado Springs, CO 80909
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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$945 - $1,775
Plus Fees
1 to 3 Bedroom Apartments Available NowCitadel Village Apartments
913 N Chelton RdColorado Springs, CO 80909
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$950 - $995
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowBirchwood Village
3615-3618 E Uintah StColorado Springs, CO 80909
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$950
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
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$950
Total Monthly Price
$950
1026 Westmoreland Rd, Unit #2, Unit #2
1026 Westmoreland RdColorado Springs, CO 80907
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Rent Specials
$951 - $1,528
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$951 - $1,528
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Park at Palmer Apartments
3803 Half Turn RdColorado Springs, CO 80917
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Rent Specials
$957 - $1,463
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowGreentree Village
3562 N Carefree CirColorado Springs, CO 80917
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Rent Specials
$965 - $1,265
Total Monthly Price7 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$950 - $1,250
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Greencrest Apartments
3335 Austin Bluffs PkyColorado Springs, CO 80918
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$965 - $1,215
Total Monthly Price
1 to 2 Bedroom Apartments Available May 15Total Monthly Price
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$950 - $1,200
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Candlewood Apartments
3635 Van Teylingen DrColorado Springs, CO 80917
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$990 - $1,144
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$974 - $1,128
Required Monthly Fees
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Devonshire Square
2770 E Uintah StColorado Springs, CO 80909
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$999
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowEmory
930-940 N Murray BlvdColorado Springs, CO 80915
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Rent Specials
$1,008 - $2,958
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$964 - $2,914
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Cottages at North Carefree
3405-3437 N Carefree CirColorado Springs, CO 80917
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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$1,012 - $1,190
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$972 - $1,150
Required Monthly Fees
$40
Total Monthly Price
$1,012 - $1,190
Crestmoor Apartments
1134 Westmoreland RdColorado Springs, CO 80907
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$1,025 - $1,150
Plus Fees
1 to 2 Bedroom Apartments Available NowKingsborough Apartments
3817 S Village RdColorado Springs, CO 80917
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$1,025 - $1,455
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,025 - $1,455
Total Monthly Price
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Montebello Gardens
4414 Montebello DrColorado Springs, CO 80918
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$1,043
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$995
Required Monthly Fees
$48
Total Monthly Price
$1,043
1075 Magnolia St, Unit 3
1075 Magnolia StColorado Springs, CO 80907
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Rent Specials
$1,099 - $1,200
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityYuma Court Townhomes
825 Yuma StColorado Springs, CO 80909
831 E San Miguel St
Colorado SpringsCO80903
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$1,158 - $2,558
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,152 - $2,552
Required Monthly Fees
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Ridgeview Place
3310 Knoll LnColorado Springs, CO 80917
1416 Stanley Ln
Colorado SpringsCO80909
1120 Yuma St
Colorado SpringsCO80909
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1 to 3 Bedroom Apartments
Arcadia Dell Apartments
3014 N Arcadia StColorado Springs, CO 80907
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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Studio to 2 Bedroom Apartments
Kalo Village Seven
3807 Half Turn RdColorado Springs, CO 80917
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1 to 2 Bedroom Apartments
Olympic Gardens
1429 Potter DrColorado Springs, CO 80909
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Studio to 2 Bedroom Apartments
Kalo Springs
1330 Potter DrColorado Springs, CO 80909
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Studio to 2 Bedroom Apartments
Kalo Lelaray
2115 Lelaray StColorado Springs, CO 80909
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1 to 3 Bedroom Apartments
Aviator Apartments
1670 N Murray BlvdColorado Springs, CO 80915
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1 to 2 Bedroom Apartments
Columbine Leaf Apartments
3929 E San Miguel StColorado Springs, CO 80909
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1 to 2 Bedroom Apartments
1806 La Salle Street
1802-1806 E La Salle StColorado Springs, CO 80909
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Studio to 2 Bedroom Apartments
Hills
2570 E Cache La Poudre StColorado Springs, CO 80909
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1 to 2 Bedroom Apartments
Kalo Rustic Hills
1320 Potter DrColorado Springs, CO 80909
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1 to 2 Bedroom Apartments
Kalo Austin Bluffs
3555 Westwood BlvdColorado Springs, CO 80918
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.
Palmer Park, Colorado Springs, CO Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Palmer Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmer Park Studio Apartments | $894 | $783 | $1,033 |
| Palmer Park 1 Bedroom Apartments | $1,049 | $771 | $2,044 |
| Palmer Park 2 Bedroom Apartments | $1,303 | $769 | $2,218 |
| Palmer Park 3 Bedroom Apartments | $1,619 | $599 | $2,255 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 2 mile radius of the Palmer Park Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Palmer Park, Colorado Springs, CO Local Guide
- Nearby Colorado Springs neighborhoods
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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 $599. Park at Penrose Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here are the most affordable Palmer Park apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 West | Student Housing | Three Bedroom | 3BR,3BA | $599 |
| Park at Penrose Apartments | 1X1 (80 AMI) | 1BR,1BA | $771 |
| Kalo Springs | KaloSolo | 1BR,1BA | $775 |
| Airlan Arms | Studio | Studio,1BA | $783 |
| Kalo Lelaray | KaloSolo | 1BR,1BA | $795 |
| Mountain Pointe Apartments | Spacious one-bedroom apartment available NOW at... | 1BR,1BA | $799 |
| Fir Tree | A2 | 1BR,1BA | $799 |
| Pikes Place on San Miguel | S1 | Studio,1BA | $799 |
| Hills | S1 | Studio,1BA | $815 |
| Kalo Austin Bluffs | KaloSolo | 1BR,1BA | $825 |
Best Value Apartments for Rent in Palmer Park, CO
As of May 02, 2026 the best value apartment in the Palmer Park area is the $1.29 price per square foot Aspen Model at Ironwood at Palmer Park in the in the Stetson Run neighborhood starting from $1,375. The second greatest value Palmer Park apartment is the Two Bedroom Model at 11 West | Student Housing starting at $769 with a $0.75 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ironwood at Palmer Park | Aspen | 2BR,2BA | $1.29 |
| 11 West | Student Housing | Two Bedroom | 2BR,2BA | $0.75 |
| Aviator Apartments | 3BR/2BA - C2 | 3BR,2BA | $1.35 |
| Greentree Village | 2x1C | 2BR,1BA | $1.32 |
| Pine Crest | B2 | 2BR,1BA | $1.31 |
| Kalo Springs | KaloDuo-Premium | 2BR,1BA | $1.31 |
| 1026 Westmoreland Rd, Unit #2 | 1026 Westmoreland Rd | 2BR,1BA | $1.31 |
| Citadel Village Apartments | Aspen1x1L NO UPGRADES | 1BR,1BA | $1.40 |
| Orchid Flats- RETIRED | 1X1 | 1BR,1BA | $1.40 |
| Mountain Pointe Apartments | Spacious one-bedroom apartment available NOW at... | 1BR,1BA | $1.33 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
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If you’re an expert on all things Palmer Park, tell us what you love (and don't) by rating it and writing a review.
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Best Local Schools in Palmer Park, Colorado Springs, CO
Audubon Elementary School
Colorado Springs 11 School District
Public School - Grades PK-5 (296)
4 out of 10
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!
Frequently Asked Questions about Cheap Palmer Park Apartments
What is the Cheapest Studio apartment in Palmer Park?
Currently the most affordable Cheap Studio Apartment in Palmer Park is at Airlan Arms listed at $783.
How much is rent for a Cheap One Bedroom Palmer Park Apartment?
The lowest price for a Cheap One Bedroom Palmer Park Apartment is $771 at Park at Penrose Apartments.
What is the lowest price for a Cheap Two Bedroom Palmer Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Palmer Park is starting from $769 at 11 West | Student Housing.
What is the most affordable Palmer Park Three Bedroom Apartment?
The best deal on a cheap Palmer Park Three Bedroom Apartment rental is at 11 West | Student Housing and starts from $599.
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.
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.