4260 McPherson Ave, Unit 4
4260 McPherson Ave
Colorado SpringsCO80909
Cheap Apartments for Rent in the Palmer Park Neighborhood of Colorado Springs, CO from $600 (89 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palmer Park area of Colorado Springs.
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$622 - $922
Plus Fees
2 to 3 Bedroom Apartments Available Now11 West | Student Housing
1192 Westmoreland RdColorado Springs, CO 80907
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$731 - $1,727
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$731 - $1,727
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Park at Penrose Apartments
3802 Half Turn RdColorado Springs, CO 80917
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$745
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$697
Required Monthly Fees
$48
Total Monthly Price
$745
1075 Magnolia St, Unit 3
1075 Magnolia StColorado Springs, CO 80907
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$759 - $1,095
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$753 - $1,089
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Airlan Arms
1930 E La Salle StColorado Springs, CO 80909
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$782 - $1,399
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$782 - $1,399
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Park at Palmer Apartments
3803 Half Turn RdColorado Springs, CO 80917
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$795
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$747
Required Monthly Fees
$48
Total Monthly Price
$795
1075 Magnolia St, Unit 1
1075 Magnolia StColorado Springs, CO 80907
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$799 - $1,149
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1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$799 - $1,149
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Fir Tree
3835 Radiant DrColorado Springs, CO 80917
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$799 - $1,450
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$799 - $1,450
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Orchid Flats
3005 Galley RdColorado Springs, CO 80909
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$799 - $1,220
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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
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.
3634 Alpine Pl
Colorado SpringsCO80909
2051 N Academy Blvd, Unit Room 2
2051 N Academy Blvd
Colorado SpringsCO80909
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$800
Total Monthly Price1 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$800
Total Monthly Price
$800
1204 Fagin Dr, Unit Private Room
1204 Fagin DrColorado Springs, CO 80915
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$820 - $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
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$849 - $1,149
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Newport Square (OLD)
3780 Rebecca LnColorado Springs, CO 80917
3960 Galley Rd
Colorado SpringsCO80909
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$875
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityBeverly Place
4330 Burton WayColorado Springs, CO 80918
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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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$899 - $935
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Jul 30Mountain Pointe Apartments
2634 E Yampa StColorado Springs, CO 80909
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$899 - $1,495
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$899 - $1,495
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Oakwood Bend Oakwood Bend
3925 E San Miguel StColorado 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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$902 - $928
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$899 - $925
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Emory
930-940 N Murray BlvdColorado Springs, CO 80915
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$929 - $1,199
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$923 - $1,193
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Spring Creek
921 Westmoreland RdColorado Springs, CO 80907
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$944 - $1,075
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCanyon Ranch Apartments
3688 Parkmoor Village DrColorado Springs, CO 80917
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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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$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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$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 NowTotal 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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$986 - $1,564
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$977 - $1,555
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Aspire Palmer Park
1304 E San Miguel StColorado Springs, CO 80909
3604 E Uintah St
Colorado SpringsCO80909
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.
1120 Yuma St
Colorado SpringsCO80909
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$1,005
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$949
Required Monthly Fees
$56
Total Monthly Price
$1,005
Crestmoor Apartments
1134 Westmoreland RdColorado Springs, CO 80907
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$1,025 - $1,150
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,025 - $1,150
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Kingsborough Apartments
3817 S Village RdColorado Springs, CO 80917
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$1,035 - $1,355
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,035 - $1,355
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Montebello Gardens
4414 Montebello DrColorado Springs, CO 80918
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$1,045 - $1,199
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,029 - $1,183
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Devonshire Square
2770 E Uintah StColorado Springs, CO 80909
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$1,060
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Jul 14Mason Manor Apartments
1129 Bennett AveColorado Springs, CO 80909
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$1,0812 Bedroom Apartments Available Now
1016 Magnolia St, Unit B
1016 Magnolia StColorado Springs, CO 80907
1035 Magnolia St
Colorado SpringsCO80907
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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
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$1,175
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
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$1,175
Total Monthly Price
$1,175
1015 Iowa Ave, Unit 3
1015 Iowa AveColorado Springs, CO 80909
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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$1,197 - $3,127
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,191 - $3,121
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Ridgeview Place
3310 Knoll LnColorado Springs, CO 80917
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$1,200
Total Monthly Price1 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,200
Total Monthly Price
$1,200
4715 Scenic Cir, Unit #4- 4715 Scenic Circle
4715 Scenic CirColorado Springs, CO 80917
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$1,2002 Bedroom Apartments Available Now
4715 Scenic Cir, Unit 4
4715 Scenic CirColorado Springs, CO 80917
1490 Sausalito Dr
Colorado SpringsCO80907
4615 Picturesque Ct
Colorado SpringsCO80917
2629 E Uintah St
Colorado SpringsCO80909
819 E San Miguel St
Colorado SpringsCO80903
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$1,2901 Bedroom Apartments Available Aug 1
2330 E Yampa St, Unit 1
2330 E Yampa StColorado Springs, CO 80909
4620-4622 Galley Rd
Colorado SpringsCO80915
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$1,3002 Bedroom Apartments Available Now
1127 McArthur Ave, Unit A
1127 McArthur AveColorado Springs, CO 80909
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.
Showing Results 1-50, Page 1 of 2
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 | $849 | $759 | $986 |
| Palmer Park 1 Bedroom Apartments | $1,037 | $731 | $2,158 |
| Palmer Park 2 Bedroom Apartments | $1,294 | $722 | $3,500 |
| Palmer Park 3 Bedroom Apartments | $1,672 | $622 | $2,195 |
| Palmer Park 4 Bedroom Apartments | $1,995 | $1,995 | $1,995 |
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 89 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 $622. Park at Penrose Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $731. 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 | $622 |
| Park at Penrose Apartments | 1X1 (50 AMI) | 1BR,1BA | $731 |
| Kalo Lelaray | KaloSolo | 1BR,1BA | $750 |
| Airlan Arms | Studio | Studio,1BA | $759 |
| Park at Palmer Apartments | 1x1 | 1BR,1BA | $782 |
| Hills | S1 | Studio,1BA | $790 |
| Orchid Flats | A1 | 1BR,1BA | $799 |
| Kalo Austin Bluffs | KaloSolo | 1BR,1BA | $800 |
| The Haven at Academy | Studio | Studio,1BA | $820 |
Best Value Apartments for Rent in Palmer Park, CO
As of July 01, 2026 the best value apartment in the Palmer Park area is the $1.27 price per square foot 3BR/1BA - C1 Model at Aviator Apartments in the in the Knob Hill neighborhood starting from $1,315. The second greatest value Palmer Park apartment is the Two Bedroom Model at 11 West | Student Housing starting at $722 with a $0.71 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. |
|---|---|---|---|
| Aviator Apartments | 3BR/1BA - C1 | 3BR,1BA | $1.27 |
| 11 West | Student Housing | Two Bedroom | 2BR,2BA | $0.71 |
| 1204 Fagin Dr, Unit Private Room | 1204 Fagin Dr | 1BR,1BA | $0.89 |
| Kalo Springs | KaloDuo-Premium | 2BR,1BA | $1.31 |
| Greentree Village | 2x1B | 2BR,1BA | $1.11 |
| Lookout on Cragmor | Student Housing | B1 | 2 Bedroom | 2BR,2BA | $0.95 |
| Pine Crest | B1 | 2BR,1BA | $1.28 |
| Crestmoor Apartments | 1 bed, 1 bath | 1BR,1BA | $1.26 |
| Vista Peak | 1x1 | 1BR,1BA | $1.31 |
| Orchid Flats | A1 | 1BR,1BA | $1.25 |
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 Article
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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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 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 $820.
What is the price of a cheap apartment in Palmer Park?
The cheapest apartment in Palmer Park is Park at Penrose Apartments which is listed at $731, while the average apartment in Palmer Park costs $2,002.
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 14 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 $168 which is $1,834 cheaper than the average rent for all rentals in Palmer Park.
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.
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.
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.
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.