Cheap Homes for Rent in Pikes Peak Park Neighborhood of Colorado Springs, CO from $500 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Pikes Peak Park area of Colorado Springs.

property at 1630 Shasta Dr

$597 - $797

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$597 - $797

Total Monthly Price
$597 - $797

1 Bedroom, 1 Bath Home for Rent

Available Now

1630 Shasta Dr

Colorado SpringsCO80910
property at 810 Tenderfoot Hill Rd

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Jul 10

810 Tenderfoot Hill Rd

Colorado SpringsCO80906

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 814 Tenderfoot Hill Rd

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 2 Bath Condo for Rent

Available Now

814 Tenderfoot Hill Rd

Colorado SpringsCO80906
property at 846 Tenderfoot Hill Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Jul 21

846 Tenderfoot Hill Rd

Colorado SpringsCO80906

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 844 Tenderfoot Hill Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 2 Bath Condo for Rent

Available Jul 14

844 Tenderfoot Hill Rd

Colorado SpringsCO80906

Pikes Peak Park, Colorado Springs, CO Local Guide

Cheapest Available Pikes Peak Park Apartments for Rent

 

The cheapest available apartment rental in the Pikes Peak Park area of Colorado Springs, CO is a 1 Bed unit found at Arbor Pointe Apartments priced from $799. Alta Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $815. Here are the most affordable Pikes Peak Park apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$799
Alta ApartmentsThe PeakStudio,1BA$815
Marmont Springs ApartmentsGarden1BR,1BA$874

Best Value Apartments for Rent in Pikes Peak Park, CO

As of June 16, 2026 the best value apartment in the Pikes Peak Park area is the $1.77 price per square foot Lime Model at Mosaica in the in the Deerfield Hills neighborhood starting from $1,695. The second greatest value Pikes Peak Park apartment is the 2x2 - 884 sqft - B3 Model at Polaris Peak starting at $1,827 with a $2.07 price per square foot in the Deerfield Hills neighborhood. Here is today’s list of the best values for Pikes Peak Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MosaicaLime2BR,1.5BA$1.77
Polaris Peak2x2 - 884 sqft - B32BR,2BA$2.07
Bonterra Lakeside ApartmentsMimosa1BR,1BA$1.74
Broadmoor RidgePinon2BR,1BA$1.94
Quail CoveVail1BR,1BA$1.88
Sienna Place2X12BR,1BA$1.38
Tamarac2x1 50%2BR,1BA$1.77
Marmont Springs ApartmentsCanopy1BR,1BA$1.56
Sedona Ridge Apartments0BD, 1BTH BStudio ,1BA$1.87
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$1.74

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 Article
Decorative image

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
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Pikes Peak Park, Colorado Springs, CO

Ranked #45

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Pikes Peak Park

What type of rentals are currently available in Pikes Peak Park?

There are currently 38 Apartments for Rent in Pikes Peak Park, CO with pricing that ranges from $799 to $3,895. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pikes Peak Park ranging from $597 to $2,860.

What is the current price range for Rental Homes in Pikes Peak Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pikes Peak Park ranges from $597 to $2,860 with an average monthly rent of $1,977.

How much are larger Three and Four Bedroom Rentals in Pikes Peak Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Pikes Peak Park range from $1,602 to $3,230, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,675 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,625.

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.