
Cheap Apartments for Rent in the Pheasant Run Ranch Neighborhood of Colorado Springs, CO from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pheasant Run Ranch area of Colorado Springs.


Aero Place Apartments

Bentley Commons

The Dairy Mobile Home Park

3345 Cochran 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.

Marquette Heights Apartments

Residence at Stratmoor

Mountain View Meadows

7135 Prado Dr

6609 Provincial Dr
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7095 Prado Dr
Pheasant Run Ranch, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Pheasant Run Ranch?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pheasant Run Ranch 1 Bedroom Apartments | $932 | $799 | $955 |
| Pheasant Run Ranch 2 Bedroom Apartments | $1,317 | $588 | $1,499 |
| Pheasant Run Ranch 3 Bedroom Apartments | $2,591 | $1,595 | $2,751 |
| Pheasant Run Ranch 4 Bedroom Apartments | $3,184 | $3,090 | $3,355 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Pheasant Run Ranch Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Cheapest Available Pheasant Run Ranch Apartments for Rent
 The cheapest available apartment rental in the Pheasant Run Ranch area of Colorado Springs, CO is a 2 Beds unit found at Bentley Commons priced from $588. Arbor Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Pheasant Run Ranch apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bentley Commons | One Bedroom | 2BR,1BA | $588 |
| Arbor Pointe Apartments | One Bedroom | 1BR,1BA | $799 |
| Aero Place Apartments | 1BD, 1BTH | 1BR,1BA | $935 |
| Mountain View Meadows | 2 Bedroom, 1 Bath | 2BR,1BA | $1,250 |
| The Dairy Mobile Home Park | 2BR/2.0BA | 2BR,2BA | $1,299 |
Best Value Apartments for Rent in Pheasant Run Ranch, CO
As of May 01, 2026 the best value apartment in the Pheasant Run Ranch area is the $2.02 price per square foot B Model at The Selby in the in the Barnstormers Landing neighborhood starting from $2,464. The second greatest value Pheasant Run Ranch apartment is the Three Bedroom Model at Bentley Commons starting at $1,681 with a $1.60 price per square foot in the Deerfield Hills neighborhood. Here is today’s list of the best values for Pheasant Run Ranch apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Selby | B | 3BR,2.5BA | $2.02 |
| Bentley Commons | Three Bedroom | 3BR,2BA | $1.60 |
| Colony Hills Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.40 |
| The Dairy Mobile Home Park | 3BR/2.0BA | 3BR,2BA | $1.84 |
| 3310 Cochran Dr, Unit Unit D | 3310 Cochran Dr | 2BR,1BA | $1.53 |
| Mountain View Meadows | 2 Bedroom, 1 Bath | 2BR,1BA | $1.67 |
| Arbor Pointe Apartments | One Bedroom | 1BR,1BA | $1.74 |
| Aero Place Apartments | 1BD, 1BTH | 1BR,1BA | $2.05 |
Frequently Asked Questions about Cheap Pheasant Run Ranch Apartments
What is the price of a cheap apartment in Pheasant Run Ranch?
The cheapest apartment in Pheasant Run Ranch is Arbor Pointe Apartments which is listed at $799, while the average apartment in Pheasant Run Ranch costs $3,090.
What types of apartments are the cheapest in Pheasant Run Ranch?
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 21 regular apartments in Pheasant Run Ranch 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 Pheasant Run Ranch?
Cheap apartments in Pheasant Run Ranch have an average cost of $802 which is $2,288 cheaper than the average rent for all rentals in Pheasant Run Ranch.
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.

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.

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.

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.