Cheap Homes for Rent in Palmer Park Neighborhood of Colorado Springs, CO from $700 (18 Rentals)

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property at 4711 Bella Dr

$1,025

1 Bedroom, 1 Bath Home for Rent

Available Now

4711 Bella Dr, Unit 1

4711 Bella Dr
Colorado SpringsCO80918

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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

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 $750. Park at Penrose Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $764. 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$750
Park at Penrose Apartments1x11BR,1BA$764
Airlan ArmsStudioStudio,1BA$793
Pikes Place on San MiguelA11BR,1BA$799
Kalo Rustic HillsKaloSolo1BR,1BA$825

Best Value Apartments for Rent in Palmer Park, CO

As of January 11, 2026 the best value apartment in the Palmer Park area is the $0.83 price per square foot Two Bedroom Model at 11 West | Student Housing in the in the Venetian Village neighborhood starting from $849. The second greatest value Palmer Park apartment is the 2x1.5 Market Model at Yuma Court Townhomes starting at $1,400 with a $1.37 price per square foot in the Divine Redeemer 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.
11 West | Student HousingTwo Bedroom2BR,2BA$0.83
Yuma Court Townhomes2x1.5 Market2BR,1.5BA$1.37
Candlewood Apartments2X22BR,2BA$1.29
Fir Tree2 Bed Market2BR,1.5BA$1.22
Greentree Village2x1A2BR,1BA$1.16
Orchid Flats2X12BR,1BA$1.41
Bristol SquareTwo Bedroom2BR,1BA$1.20
Citadel Village ApartmentsAspen1x1L UPGRADED1BR,1BA$1.40
Spring Creek1 Bedroom 1 Bathroom1BR,1BA$1.37
Pikes Place on San MiguelA11BR,1BA$1.28

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Frequently Asked Questions about Palmer Park

What type of rentals are currently available in Palmer Park?

There are currently 278 Apartments for Rent in Palmer Park, CO with pricing that ranges from $750 to $2,375. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer Park ranging from $730 to $3,500.

What is the current price range for Rental Homes in Palmer Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palmer Park ranges from $730 to $3,500 with an average monthly rent of $1,904.

How much are larger Three and Four Bedroom Rentals in Palmer Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palmer Park range from $750 to $2,075, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,274 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,949 and Four Bedroom Apartments start at $1,995.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.