
Cheap Apartments for Rent in the Park Hill Neighborhood of Colorado Springs, CO from $700 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Hill area of Colorado Springs.


The Lofts at Rock Vue

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Gardens at Hidden Creek Apartments

Total Monthly Price
Fountain Oaks Apartments

Regal Estates

Autumn Lane Apartments

Total Monthly Price
Oakridge on the Green

Lincoln Springs (OLD)

Ascent Apartments

Peak 4420 on E Pikes Peak
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.

135 University Dr

Mountain Ridge

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Fairway Valley Apartments

Westview Apartments

Windmill Apartments

Peak View

The Montecito Apartments

335 Ruskin Dr

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The Park at Whispering Pines

The Carlson Apartments
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.

Stone Canyon

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Antero

Esperanza Village Apartments

4060 Airport Rd

Parc at Prairie Grass

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Eastcrest Apartments

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Academy Heights Apartments

Fairway View

349 Gahart Dr, Unit B

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Oakdale Springs
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.

330 Vehr Dr

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Cottages at Chapel Heights

2412 E St Vrain St

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Nash Springs Apartments

1074 Acapulco Ct

107 University Dr, Unit 201`

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The Willows at Printers Park Apartments

The Townhouse Apartment Homes

2310 E St Vrain St

Central Heights
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

Kalo Four Seasons

2403-2413 E Saint Vrain St

Courtyard Apartments

Monroe

Copper Stone

Creek View Apartments

Boulder Manor Apartments

Hilltop at Valley Hi

Kalo Gateway Park

The Flats at Fountain
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

How much does it cost to rent an apartment in Park Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Hill Studio Apartments | $883 | $749 | $1,080 |
| Park Hill 1 Bedroom Apartments | $1,104 | $789 | $1,711 |
| Park Hill 2 Bedroom Apartments | $1,386 | $895 | $2,452 |
| Park Hill 3 Bedroom Apartments | $1,755 | $1,355 | $2,430 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the Park Hill Neighborhood of Colorado Springs, CO.
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Park Hill, Colorado Springs, CO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Montelena | Studio | Studio,1BA | $749 |
| Gardens at Hidden Creek Apartments | Studio 1 | Studio,1BA | $750 |
| Central Heights | A1 | 1BR,1BA | $789 |
| Kalo Four Seasons | KaloSolo | 1BR,1BA | $799 |
| Oakridge on the Green | Ashcroft - C Grade | 1BR,1BA | $837 |
| Lincoln Springs (OLD) | A1 | 1BR,1BA | $849 |
| Monroe | S1 | Studio,1BA | $862 |
| Copper Stone | Studio | Studio,1BA | $881 |
| Ascent Apartments | 1 Bedroom | 1BR,1BA | $891 |
| Peak 4420 on E Pikes Peak | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Townhomes | 3 Bedroom 1 Bath | 3BR,1BA | $1.13 |
| Regal Estates | 1 Bed 1 Bath | 1BR,1BA | $0.96 |
| Parc at Prairie Grass | 2BD, 1.5BTH | 2BR,1.5BA | $1.38 |
| Ascent Apartments | 2 Bedrooms/1 Bath | 2BR,1BA | $1.43 |
| Stone Canyon | 2BD, 1BTH | 2BR,1BA | $1.18 |
| Westview Apartments | Two Bedroom | 2BR,1BA | $1.35 |
| Eastcrest Apartments | 4445 | 2BR,1BA | $1.40 |
| The Park at Whispering Pines | 1X1 Fully Remodel | 1BR,1BA | $1.28 |
| Kalo Gateway Park | KaloSolo | 1BR,1BA | $1.44 |
| Lincoln Springs (OLD) | A1 | 1BR,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.
Read ArticleDon'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.
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

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.

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.

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.

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.