Cheap Apartments for Rent in the Park Hill Neighborhood of Colorado Springs, CO from $500 (67 Rentals)

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

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Peak View
$818 - $1,148
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$795 - $1,125
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Peak View

1205 S Chelton RdColorado Springs, CO 80910
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The Montelena
Rent Specials
$849 - $1,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$849 - $1,400

Total Monthly Price
$849 - $1,400
Studio to 2 Bedroom Apartments Available Now

The Montelena

2409 E Pikes Peak AveColorado Springs, CO 80909
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Lincoln Springs
$849 - $1,199
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,199

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Lincoln Springs

1170 S Chelton RdColorado Springs, CO 80910
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Oakridge on the Green
Rent Specials
$851 - $1,760
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$840 - $1,749
Required Monthly Fees
$11

Total Monthly Price
$851 - $1,760
1 to 2 Bedroom Apartments Available Now

Oakridge on the Green

801-809 S Circle DrColorado Springs, CO 80910
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Ascent Apartments
Rent Specials
$882 - $1,390
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$882 - $1,390

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Ascent Apartments

1030 S Chelton RdColorado Springs, CO 80910
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property at 335 Ruskin Dr

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

335 Ruskin Dr

Colorado SpringsCO80910

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 3175 E Fountain Blvd

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Home for Rent

Available Now

3175 E Fountain Blvd

Colorado SpringsCO80910
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Fairway Valley Apartments
$900 - $1,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,250

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Fairway Valley Apartments

3603 Airport RdColorado Springs, CO 80910
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Mountain Ridge
Rent Specials
$904 - $1,204
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$899 - $1,199
Required Monthly Fees
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Jul 10

Mountain Ridge

2505 Verde DrColorado Springs, CO 80910
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Stone Canyon
$928 - $1,146
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$922 - $1,140
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Stone Canyon

240 N Murray BlvdColorado Springs, CO 80916
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Antero
Rent Specials
$997 - $1,726
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $1,628
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Antero

1432 Sandalwood DrColorado Springs, CO 80916
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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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The Carlson Apartments
$1,003 - $1,396
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$997 - $1,390
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

The Carlson Apartments

2818 Airport RdColorado Springs, CO 80910
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Fountain Oaks
Rent Specials
$1,030 - $1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$979 - $1,099
Required Monthly Fees
$51

Total Monthly Price
$1,030 - $1,150
1 to 2 Bedroom Apartments Available Now

Fountain Oaks

2610-2614 E Fountain BlvdColorado Springs, CO 80910
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property at 4060 Airport Rd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

4060 Airport Rd

Colorado SpringsCO80910
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Nash Springs Apartments
$1,142 - $2,985
Total Monthly Price

Total Monthly Price

Base Rent
$1,115 - $2,958
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Nash Springs Apartments

4275 Sanders VwColorado Springs, CO 80916
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Parc at Prairie Grass
$1,167 - $1,470
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,161 - $1,464
Required Monthly Fees
$6

Total Monthly Price
$1,167 - $1,470
1 to 2 Bedroom Apartments Available Now

Parc at Prairie Grass

720 Chapman DrColorado Springs, CO 80916
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Cash 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.

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Eastcrest Apartments
Rent Specials
$1,189 - $1,264
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,139 - $1,214
Required Monthly Fees
$50

Total Monthly Price
$1,189 - $1,264
2 Bedroom Apartments Available Now

Eastcrest Apartments

4445-4491 E Pikes Peak AveColorado Springs, CO 80916
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Oakdale Springs
Rent Specials
$1,190 - $1,629
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,514
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Oakdale Springs

255 Lionstone DrColorado Springs, CO 80916
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Academy Heights Apartments
Rent Specials
$1,199 - $1,999
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,999

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Academy Heights Apartments

1340 Inverness DrColorado Springs, CO 80910
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1184 Mazatlan Cir, Unit A
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Jul 31

1184 Mazatlan Cir, Unit A

1184 Mazatlan CirColorado Springs, CO 80910
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902 Teal Ct
2 Bedroom Apartments

902 Teal Ct

902 Teal CtColorado Springs, CO 80910
property at 2619 Weir Ave

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Now

2619 Weir Ave

Colorado SpringsCO80910
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Kalo Four Seasons
1 to 3 Bedroom Apartments

Kalo Four Seasons

3955 E Bijou StColorado Springs, CO 80909
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Central Heights
1 to 2 Bedroom Apartments

Central Heights

4370 E Pikes Peak AveColorado Springs, CO 80909
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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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Autumn Lane Apartments
Studio to 2 Bedroom Apartments

Autumn Lane Apartments

2910-2920 E Bijou StColorado Springs, CO 80909
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Copper Stone
Studio to 2 Bedroom Apartments

Copper Stone

2827-2833 E Pikes Peak AveColorado Springs, CO 80909
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Creek View Apartments
Studio to 2 Bedroom Apartments

Creek View Apartments

2330 Fountain BlvdColorado Springs, CO 80910
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357 Gahart Dr
2 Bedroom Apartments

357 Gahart Dr

357 Gahart DrColorado Springs, CO 80916
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Monroe
Studio to 2 Bedroom Apartments

Monroe

3040 Mallard DrColorado Springs, CO 80910
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Hilltop at Valley Hi
1 to 2 Bedroom Apartments

Hilltop at Valley Hi

426 Valley Hi CirColorado Springs, CO 80910
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Westview Apartments
1 to 2 Bedroom Apartments

Westview Apartments

223 University DrColorado Springs, CO 80910

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Park Hill, Colorado Springs, CO Local Guide

Cheapest Available Park Hill Apartments for Rent

 

The cheapest available apartment rental in the Park Hill area of Colorado Springs, CO is a 2 Beds unit found at 902 Teal Ct priced from $714. Kalo Four Seasons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here are the most affordable Park Hill apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
902 Teal Ct2 Beds, 1 Baths2BR,1BA$714
Kalo Four SeasonsKaloSolo1BR,1BA$749
Central HeightsA11BR,1BA$795
Peak View1 Bedroom1BR,1BA$818
Lincoln SpringsA11BR,1BA$849
The MontelenaStudioStudio,1BA$849
Courtyard Apartments1BR/1.0BA1BR,1BA$850
Gardens at Hidden Creek Apartments1/1.001BR,1BA$850
2403-2413 E Saint Vrain St1 Beds, 1 Baths1BR,1BA$850
Oakridge on the GreenAshcroft - C Grade1BR,1BA$851

Best Value Apartments for Rent in Park Hill, CO

As of July 09, 2026 the best value apartment in the Park Hill area is the $1.20 price per square foot *** $700 OFF MOVE IN TOTAL ***2 Bedroom 1.5 Bat... Model at The Townhouse Apartment Homes in the in the Deerfield Hills neighborhood starting from $1,681. The second greatest value Park Hill apartment is the 1 Bed 1 Bath Model at Regal Estates starting at $859 with a $0.86 price per square foot in the Eastborough neighborhood. Here is today’s list of the best values for Park Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhouse Apartment Homes*** $700 OFF MOVE IN TOTAL ***2 Bedroom 1.5 Bat...2BR,1.5BA$1.20
Regal Estates1 Bed 1 Bath1BR,1BA$0.86
Eastcrest Apartments44632BR,1BA$1.31
Esperanza Village Apartments2x12BR,1BA$1.25
Westview ApartmentsTwo Bedroom2BR,1BA$1.36
Peak View2 Bedroom2BR,1BA$1.35
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.31
Lincoln SpringsA11BR,1BA$1.37
Courtyard Apartments1BR/1.0BA1BR,1BA$1.38
902 Teal Ct2 Beds, 1 Baths2BR,1BA$1.19

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Lifestyle Ratings

Our team works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Colorado and customized analysis for Colorado Springs, Colorado. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Park Hill Apartments

What is a cheap apartment in Park Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Hill is under $851.

What is the price of a cheap apartment in Park Hill?

The cheapest apartment in Park Hill is Kalo Four Seasons which is listed at $749, while the average apartment in Park Hill costs $2,023.

What types of apartments are the cheapest in Park Hill?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Park Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Park Hill?

Cheap apartments in Park Hill have an average cost of $286 which is $1,737 cheaper than the average rent for all rentals in Park Hill.

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

decorative image for A Local Expert's Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO article

A Local Expert's 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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.