Cheap Homes for Rent in Peterson Air Force Base Neighborhood of Colorado Springs, CO from $600 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Peterson Air Force Base area of Colorado Springs.

property at 1015 Western Dr

$1,055

Total Monthly Price

Total Monthly Price

Base Rent
$1,055

Total Monthly Price
$1,055

2 Bedroom, 1 Bath Condo for Rent

Available Now

1015 Western Dr

Colorado SpringsCO80915
property at 6627 Proud Eagle Ct

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

6627 Proud Eagle Ct

Colorado SpringsCO80915

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 1304 Soaring Eagle Dr

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1.5 Bath Home for Rent

Available Jun 16

1304 Soaring Eagle Dr

Colorado SpringsCO80915
property at 6829 Western Pl

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

6829 Western Pl

Colorado SpringsCO80915
property at 6823 Western Pl

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

6823 Western Pl

Colorado SpringsCO80915
property at 1303 Soaring Eagle Dr

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1.5 Bath Home for Rent

Available Now

1303 Soaring Eagle Dr

Colorado SpringsCO80915

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.

property at 4961 Leland Point

$1,595

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 2 Bath Home for Rent

Available Now

4961 Leland Point

Colorado SpringsCO80916

Peterson Air Force Base, Colorado Springs, CO Local Guide

Cheapest Available Peterson Air Force Base Apartments for Rent

 

The cheapest available apartment rental in the Peterson Air Force Base area of Colorado Springs, CO is a 1 Bed unit found at Village East Apartments priced from $950. Cottages at Jetwing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here are the most affordable Peterson Air Force Base apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Village East Apartments1x1 Classic1BR,1BA$950
Cottages at Jetwing1x1 - 603 sqft - A11BR,1BA$1,245
Western HillsA1R1BR,1BA$1,348

Best Value Apartments for Rent in Peterson Air Force Base, CO

As of May 08, 2026 the best value apartment in the Peterson Air Force Base area is the $1.37 price per square foot Birksdale Model at Pikes Peak Heights in the in the Eastborough neighborhood starting from $2,360. The second greatest value Peterson Air Force Base apartment is the A1 Model at Solace at Cimarron Hills Apartments starting at $1,667 with a $2.11 price per square foot in the Knob Hill neighborhood. Here is today’s list of the best values for Peterson Air Force Base apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pikes Peak HeightsBirksdale4BR,2.5BA$1.37
Solace at Cimarron Hills ApartmentsA11BR,1BA$2.11
1085 Chiricahua Loop, Unit #10871085 Chiricahua Loop2BR,1BA$1.60
The Flats at Aero Park1x1 - 708 sqft - A11BR,1BA$2.00
Cottages at Jetwing1x1 - 669 sqft - A21BR,1BA$2.12
Western HillsA1R1BR,1BA$2.02
Cortland PetersonDouglas Fir1BR,1BA$2.73
Retreat at Patriot Park1x1 - 629 sqft - A21BR,1BA$2.40
Cottages at Aero Park1x1 - 624 sqft - A41BR,1BA$2.51
Village East Apartments1x1 Classic1BR,1BA$1.56

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.

Read Article
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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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Pet Friendly Lifestyle
Peterson Air Force Base, Colorado Springs, CO

Ranked #46

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Peterson Air Force Base

What type of rentals are currently available in Peterson Air Force Base?

There are currently 88 Apartments for Rent in Peterson Air Force Base, CO with pricing that ranges from $950 to $5,012. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterson Air Force Base ranging from $600 to $2,695.

What is the current price range for Rental Homes in Peterson Air Force Base?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterson Air Force Base ranges from $600 to $2,695 with an average monthly rent of $1,619.

How much are larger Three and Four Bedroom Rentals in Peterson Air Force Base?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Peterson Air Force Base range from $1,756 to $5,012, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,625 to $2,695. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,360.

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

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.