Cheap Homes for Rent in Palmer Park Neighborhood of Colorado Springs, CO from $600 (13 Rentals)

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

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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 $540. Park at Penrose Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. 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$540
Park at Penrose Apartments1x11BR,1BA$784
Come Home to Willow Ridge!1BR/1.0BA1BR,1BA$795
Pine CrestST2Studio,1BA$799
Olympic Garden$ave money.. Get one month of FREE rent! Limite...1BR,1BA$799

Best Value Apartments for Rent in Palmer Park, CO

As of September 16, 2025 the best value apartment in the Palmer Park area is the $1.40 price per square foot B1R Model at Ironwood at Palmer Park in the in the Knob Hill neighborhood starting from $1,495. The second greatest value Palmer Park apartment is the 3BR/2BA - C1 Model at Aviator Apartments starting at $1,495 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.
Ironwood at Palmer ParkB1R2BR,1.75BA$1.40
Aviator Apartments3BR/2BA - C13BR,2BA$1.45
11 West | Student HousingTwo Bedroom2BR,2BA$0.65
Yuma Court Townhomes2x1.5 Market2BR,1.5BA$1.37
Mountain Pointe Apartments2BR/1.0BA2BR,1BA$1.17
Greentree Village2x1B2BR,1BA$1.47
Olympic Garden$ave money.. Get one month of FREE rent!2BR,1BA$1.40
Park at Palmer Apartments2x12BR,1BA$1.53
Candlewood Apartment HomesSmall 1x11BR,1BA$1.46
Spring Creek1 Bedroom 1 Bathroom1BR,1BA$1.46

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Pet Friendly Lifestyle
Palmer Park, Colorado Springs, CO

Ranked #9

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Palmer Park

What type of rentals are currently available in Palmer Park?

There are currently 271 Apartments for Rent in Palmer Park, CO with pricing that ranges from $540 to $2,664. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer Park ranging from $600 to $4,500.

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 $600 to $4,500 with an average monthly rent of $2,209.

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 $540 to $2,608, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $2,664.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.