Cheap Apartments for Rent in the Pheasant Run Ranch Neighborhood of Colorado Springs, CO from $500 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pheasant Run Ranch area of Colorado Springs.

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.

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3345 Cochran Dr
Studio Apartments

3345 Cochran Dr

3345 Cochran DrColorado Springs, CO 80916
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Residence at Stratmoor
2 to 3 Bedroom Apartments

Residence at Stratmoor

3147 Cliveden HtsColorado Springs, CO 80906
  • Utilities Included
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7135 Prado Dr
Studio Apartments

7135 Prado Dr

7135 Prado DrFountain, CO 80817

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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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7095 Prado Dr
1 Bedroom Apartments

7095 Prado Dr

7095 Prado DrFountain, CO 80817

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 ListingModel NameBed/BathPriced From
Bentley CommonsOne Bedroom2BR,1BA$588
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$799
Aero Place Apartments1BD, 1BTH1BR,1BA$962
Mountain View Meadows2 Bedroom, 1 Bath2BR,1BA$1,250
Colony Hills Apartments2 Bedroom 1 Bath2BR,1BA$1,399

Best Value Apartments for Rent in Pheasant Run Ranch, CO

As of June 17, 2026 the best value apartment in the Pheasant Run Ranch area is the $2.06 price per square foot B Model at The Selby in the in the Barnstormers Landing neighborhood starting from $2,514. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The SelbyB3BR,2.5BA$2.06
Bentley CommonsThree Bedroom3BR,2BA$1.60
Colony Hills Apartments2 Bedroom 1 Bath2BR,1BA$1.40
The Dairy Mobile Home Park2BR/2.0BA2BR,2BA$1.62
Mountain View Meadows2 Bedroom, 1 Bath2BR,1BA$1.67
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$1.74
Aero Place Apartments1BD, 1BTH1BR,1BA$2.11

Frequently Asked Questions about Cheap Pheasant Run Ranch Apartments

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 19 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 $724 which is $2,366 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

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.