Cheap Apartments for Rent in the Park Hill Neighborhood of Colorado Springs, CO from $700 (73 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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Fountain Oaks Apartments
$812 - $1,090
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$772 - $1,050
Required Monthly Fees
$40

Total Monthly Price
$812 - $1,090
Studio to 2 Bedroom Apartments Contact Us For Availability

Fountain Oaks Apartments

2610-2614 E Fountain BlvdColorado Springs, CO 80910
Affordability
  • Verified
  • Low Income
  • 3D Tour
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Oakridge on the Green
Rent Specials
$837 - $1,693
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$826 - $1,682
Required Monthly Fees
$11

Total Monthly Price
$837 - $1,693
1 to 2 Bedroom Apartments Available Now

Oakridge on the Green

801-809 S Circle DrColorado Springs, CO 80910
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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 135 University Dr

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

135 University Dr

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
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 335 Ruskin Dr

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

335 Ruskin Dr

Colorado SpringsCO80910
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The Park at Whispering Pines
Rent Specials
$950 - $1,075
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,075

Total Monthly Price
$950 - $1,075
1 to 2 Bedroom Apartments Available Now

The Park at Whispering Pines

3030 E Fountain BlvdColorado Springs, CO 80910
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Antero
Rent Specials
$1,012 - $1,738
Total Monthly Price

Total Monthly Price

Base Rent
$884 - $1,610
Required Monthly Fees
$128

Total Monthly Price
$1,012 - $1,738
1 to 2 Bedroom Apartments Available Now

Antero

1432 Sandalwood DrColorado Springs, CO 80916
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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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Eastcrest Apartments
Rent Specials
$1,099 - $1,279
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,049 - $1,229
Required Monthly Fees
$50

Total Monthly Price
$1,099 - $1,279
2 Bedroom Apartments Available Now

Eastcrest Apartments

4445-4491 E Pikes Peak AveColorado Springs, CO 80916
Affordability
  • Verified
  • Smoke Free
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Oakdale Springs
$1,180 - $1,540
Total Monthly Price

Total Monthly Price

Base Rent
$1,058 - $1,418
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Oakdale Springs

255 Lionstone DrColorado Springs, CO 80916
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 2412 E St Vrain St

$1,220

Total Monthly Price

Total Monthly Price

Base Rent
$1,220

Total Monthly Price
$1,220

2 Bedroom, 1 Bath Home for Rent

Available May 1

2412 E St Vrain St

Colorado SpringsCO80909
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Nash Springs Apartments
$1,289 - $2,146
Total Monthly Price

Total Monthly Price

Base Rent
$1,282 - $2,139
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Nash Springs Apartments

4275 Sanders VwColorado Springs, CO 80916
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Central Heights
1 to 2 Bedroom Apartments

Central Heights

4370 E Pikes Peak AveColorado Springs, CO 80909
Corporate Housing

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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Kalo Four Seasons
1 to 3 Bedroom Apartments

Kalo Four Seasons

3955 E Bijou StColorado Springs, CO 80909
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Courtyard Apartments
Studio to 1 Bedroom Apartments

Courtyard Apartments

2625 E Willamette AveColorado Springs, CO 80909
  • Utilities Included
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Monroe
Studio to 2 Bedroom Apartments

Monroe

3040 Mallard DrColorado Springs, CO 80910
Corporate Housing
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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
Military
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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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Kalo Gateway Park
1 to 3 Bedroom Apartments

Kalo Gateway Park

4255 Airport RdColorado Springs, CO 80910
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The Flats at Fountain
1 to 2 Bedroom Apartments

The Flats at Fountain

3211 E Fountain BlvdColorado Springs, CO 80910
Military

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.

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 Studio unit found at The Montelena priced from $749. Gardens at Hidden Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Park Hill apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
The MontelenaStudioStudio,1BA$749
Gardens at Hidden Creek ApartmentsStudio 1Studio,1BA$750
Central HeightsA11BR,1BA$789
Kalo Four SeasonsKaloSolo1BR,1BA$799
Oakridge on the GreenAshcroft - C Grade1BR,1BA$837
Lincoln Springs (OLD)A11BR,1BA$849
MonroeS1Studio,1BA$862
Copper StoneStudioStudio,1BA$881
Ascent Apartments1 Bedroom1BR,1BA$891
Peak 4420 on E Pikes PeakStudioStudio,1BA$895

Best Value Apartments for Rent in Park Hill, CO

As of April 09, 2026 the best value apartment in the Park Hill area is the $1.13 price per square foot 3 Bedroom 1 Bath Model at Aspen Townhomes in the in the Eastborough neighborhood starting from $1,550. The second greatest value Park Hill apartment is the 1 Bed 1 Bath Model at Regal Estates starting at $959 with a $0.96 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.
Aspen Townhomes3 Bedroom 1 Bath3BR,1BA$1.13
Regal Estates1 Bed 1 Bath1BR,1BA$0.96
Parc at Prairie Grass2BD, 1.5BTH2BR,1.5BA$1.38
Ascent Apartments2 Bedrooms/1 Bath2BR,1BA$1.43
Stone Canyon2BD, 1BTH2BR,1BA$1.18
Westview ApartmentsTwo Bedroom2BR,1BA$1.35
Eastcrest Apartments44452BR,1BA$1.40
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.28
Kalo Gateway ParkKaloSolo1BR,1BA$1.44
Lincoln Springs (OLD)A11BR,1BA$1.37

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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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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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 $895.

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

The cheapest apartment in Park Hill is Central Heights which is listed at $789, while the average apartment in Park Hill costs $1,798.

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 15 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 $128 which is $1,670 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 Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.