Cheap Homes for Rent in Palmer Park Neighborhood of Colorado Springs, CO from $600 (15 Rentals)

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Search the lowest-cost Homes 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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property at 1310 Columbia St

1310 Columbia St

Colorado SpringsCO80909

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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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 $650. 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$650
Come Home to Willow Ridge!1BR/1.0BA1BR,1BA$795
Olympic Garden$ave money.. Get one month of FREE rent! Limite...1BR,1BA$799
Park at Penrose Apartments1x11BR,1BA$805
Pine CrestST1Studio,1BA$829

Best Value Apartments for Rent in Palmer Park, CO

As of July 30, 2025 the best value apartment in the Palmer Park area is the $1.27 price per square foot 2x2 1065 sq ft Model at Canyon Ranch Apartments in the in the Knob Hill neighborhood starting from $1,354. The second greatest value Palmer Park apartment is the B2R Model at Ironwood at Palmer Park starting at $1,540 with a $1.45 price per square foot in the Knob Hill 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.
Canyon Ranch Apartments2x2 1065 sq ft2BR,2BA$1.27
Ironwood at Palmer ParkB2R2BR,2BA$1.45
11 West | Student HousingTwo Bedroom2BR,2BA$0.78
Yuma Court Townhomes2x1.5 Market2BR,1.5BA$1.37
Mountain Pointe Apartments2BR/1.0BA2BR,1BA$1.28
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$1.40
Candlewood Apartment HomesSmall 1x11BR,1BA$1.46
Spring Creek1 Bedroom 1 Bathroom1BR,1BA$1.46

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Frequently Asked Questions about Palmer Park

What type of rentals are currently available in Palmer Park?

There are currently 276 Apartments for Rent in Palmer Park, CO with pricing that ranges from $600 to $4,286. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer Park ranging from $600 to $4,600.

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 $600 to $4,600 with an average monthly rent of $2,319.

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 $650 to $3,530, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,719.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.