Cheap Homes for Rent in Palmer Park Neighborhood of Colorado Springs, CO from $500 (15 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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

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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. Updated 1 Bed/1 Bath Apartments in Central Colorado Springs – Near Palmer Park! 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 ListingModel NameBed/BathPriced From
11 West | Student HousingThree Bedroom3BR,3BA$540
Updated 1 Bed/1 Bath Apartments in Central Colorado Springs – Near Palmer Park!1BR/1.0BA1BR,1BA$771
Pine CrestST1Studio,1BA$799
EmoryONE BEDROOM ONE BATH B1BR,1BA$799
Airlan ArmsStudio1BR,1BA$799

Best Value Apartments for Rent in Palmer Park, CO

As of November 24, 2025 the best value apartment in the Palmer Park area is the $1.22 price per square foot Glenwood3x2.5 UPGRADED Model at Citadel Village Apartments in the in the Knob Hill neighborhood starting from $1,775. The second greatest value Palmer Park apartment is the Pine Model at Ironwood at Palmer Park starting at $1,475 with a $1.38 price per square foot in the Stetson Run 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.
Citadel Village ApartmentsGlenwood3x2.5 UPGRADED3BR,2.5BA$1.22
Ironwood at Palmer ParkPine2BR,2BA$1.38
11 West | Student HousingTwo Bedroom2BR,2BA$0.65
Yuma Court Townhomes2x1.5 Market2BR,1.5BA$1.37
Greentree Village2x1C2BR,1BA$1.20
Bristol SquareTwo Bedroom2BR,1BA$1.24
Peak Elevation ApartmentsLOOK & LEASE SPECIAL $200 OFF MOVE IN2BR,1BA$1.37
Austin ParkPikes Peak2BR,1BA$1.28
Mason Manor Apartments1bd/1ba Renovated1BR,1BA$1.31
Spring Creek1 Bedroom 1 Bathroom1BR,1BA$1.37

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

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.

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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Palmer Park, Colorado Springs, CO

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Palmer Park, Colorado Springs, CO

School data provided by Great Schools

Frequently Asked Questions about Palmer Park

What type of rentals are currently available in Palmer Park?

There are currently 268 Apartments for Rent in Palmer Park, CO with pricing that ranges from $500 to $2,477. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer Park ranging from $595 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 $595 to $4,500 with an average monthly rent of $2,060.

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 $2,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,175.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.