
Cheap Homes for Rent in Palmer Park Neighborhood of Colorado Springs, CO from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Palmer Park area of Colorado Springs.


3333 El Paso Pl

3634 Alpine Pl

2713 Northcrest Dr

1416 Howard Ave

2631 E Uintah St
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.

4711 Bella Dr, Unit 1

3012 N Arcadia St

3026 N Prospect St

2627 E Uintah St

930 Bowser Dr

1120 Yuma St
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.

1120 Yuma St

1120 Yuma St

1824 E San Rafael St

1824 E San Rafael St

4518 Galley Rd

1050 Westmoreland Rd, Unit A
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

How much does it cost to rent a home in Palmer Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmer Park 2 Bedroom Homes for Rent | $1,393 | $950 | $1,950 |
| Palmer Park 3 Bedroom Homes for Rent | $1,851 | $1,274 | $2,500 |
| Palmer Park 4 Bedroom Homes for Rent | $2,384 | $1,949 | $2,950 |
| Palmer Park 5 Bedroom Homes for Rent | $2,267 | $1,895 | $2,424 |
| Palmer Park 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Palmer Park Neighborhood of Colorado Springs, CO.
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Palmer Park, Colorado Springs, CO Local Guide
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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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 West | Student Housing | Three Bedroom | 3BR,3BA | $750 |
| Park at Penrose Apartments | 1x1 | 1BR,1BA | $764 |
| Airlan Arms | Studio | Studio,1BA | $793 |
| Pikes Place on San Miguel | A1 | 1BR,1BA | $799 |
| Kalo Rustic Hills | KaloSolo | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 11 West | Student Housing | Two Bedroom | 2BR,2BA | $0.83 |
| Yuma Court Townhomes | 2x1.5 Market | 2BR,1.5BA | $1.37 |
| Candlewood Apartments | 2X2 | 2BR,2BA | $1.29 |
| Fir Tree | 2 Bed Market | 2BR,1.5BA | $1.22 |
| Greentree Village | 2x1A | 2BR,1BA | $1.16 |
| Orchid Flats | 2X1 | 2BR,1BA | $1.41 |
| Bristol Square | Two Bedroom | 2BR,1BA | $1.20 |
| Citadel Village Apartments | Aspen1x1L UPGRADED | 1BR,1BA | $1.40 |
| Spring Creek | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
| Pikes Place on San Miguel | A1 | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Palmer Park, Colorado Springs, CO
Audubon Elementary School
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 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

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.

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.

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.

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.