
Cheap Apartments for Rent in the Peregrine Neighborhood of Colorado Springs, CO from $1,000 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peregrine area of Colorado Springs.


Arbors at Mountain Shadows

2330 Allegheny Dr

2435-2441 Split Rock Dr

2235-2241 Split Rock Dr
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.

2250-2256 Split Rock Dr

2225-2231 Split Rock Dr

6910 Peyote Way

6920-6926 Peyote Way

2253-2259 Split Rock Dr
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.

2420 Allegheny Dr

2450 Allegheny Dr

2425-2431 Split Rock Dr

In The Valley

2470 Allegheny Dr
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.

2245-2251 Split Rock Dr

Eagle Ridge
Peregrine, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Peregrine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peregrine 2 Bedroom Apartments | $1,422 | $1,295 | $1,550 |
| Peregrine 3 Bedroom Apartments | $2,795 | $2,795 | $2,795 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Peregrine Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Peregrine, Colorado Springs, CO Local Guide
- Nearby Colorado Springs neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Peregrine Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Ridge | Falcons Nest Foxs Den | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Peregrine, CO
As of June 16, 2026 the best value apartment in the Peregrine area is the $1.29 price per square foot 2309 Split Rock Dr Model at 2309 Split Rock Dr, Unit 2309 in the in the Pine Cliff neighborhood starting from $1,550. The second greatest value Peregrine apartment is the Falcons Nest Foxs Den Model at Eagle Ridge starting at $1,025 with a $1.42 price per square foot in the Rockrimmon neighborhood. Here is today’s list of the best values for Peregrine apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2309 Split Rock Dr, Unit 2309 | 2309 Split Rock Dr | 2BR,1.5BA | $1.29 |
| Eagle Ridge | Falcons Nest Foxs Den | 1BR,1BA | $1.42 |
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 ArticleReal 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.
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 Peregrine, Colorado Springs, CO
School data provided by Great Schools
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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.