Cheap Apartments for Rent in the SE Colorado Springs Neighborhood of Colorado Springs, CO from $500 (47 Rentals)

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

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Arbor Pointe Apartments
$799 - $959
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$799 - $959

Total Monthly Price
$799 - $959
1 to 2 Bedroom Apartments Available Now

Arbor Pointe Apartments

2475-2503 Hancock ExpyColorado Springs, CO 80910
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Fountain Oaks Apartments
$812 - $1,090
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$772 - $1,050
Required Monthly Fees
$40

Total Monthly Price
$812 - $1,090
Studio to 2 Bedroom Apartments Contact Us For Availability

Fountain Oaks Apartments

2610-2614 E Fountain BlvdColorado Springs, CO 80910
Affordability
  • Verified
  • Low Income
  • 3D Tour

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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Peak 1465
Rent Specials
$895 - $990
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$760 - $855
Required Monthly Fees
$135

Total Monthly Price
$895 - $990
Studio to 1 Bedroom Apartments Available Now

Peak 1465

1465 Alvarado DrColorado Springs, CO 80910
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1630 Shasta Dr

$910

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$910

Total Monthly Price
$910

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

1630 Shasta Dr, Unit 1, Unit 1

1630 Shasta Dr
Colorado SpringsCO80910
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The Park at Whispering Pines
Rent Specials
$950 - $1,199
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,199

Total Monthly Price
$950 - $1,199
1 to 2 Bedroom Apartments Available Now

The Park at Whispering Pines

3030 E Fountain BlvdColorado Springs, CO 80910
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
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Cottages at South Murray
$1,045 - $2,868
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $2,822
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Cottages at South Murray

2023 Murray Creek PtColorado Springs, CO 80916
Affordability
  • Verified
  • 3D Tour

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.

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The Vue at Spring Creek
$1,212 - $1,791
Total Monthly Price

Total Monthly Price

Base Rent
$1,190 - $1,769
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Vue at Spring Creek

1836 Ralphs RdgColorado Springs, CO 80910
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Mosaica
Rent Specials
$1,495 - $2,214
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $2,214

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Mosaica

2335 CoralBell GrvColorado Springs, CO 80910
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Polaris Peak
$1,595 - $4,491
Total Monthly Price

Total Monthly Price

Base Rent
$1,585 - $4,481
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Polaris Peak

2115 Birmingham LoopColorado Springs, CO 80910
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Westwind Apartments
Studio to 2 Bedroom Apartments

Westwind Apartments

1935 Carmel DrColorado Springs, CO 80910
  • Utilities Included
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Riverbend Apartments
1 to 2 Bedroom Apartments

Riverbend Apartments

2010 Carmel DrColorado Springs, CO 80910
Military
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Park View Apartments
Studio to 2 Bedroom Apartments

Park View Apartments

1430-1470 S Chelton RdColorado Springs, CO 80910
  • Utilities Included
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Creek View Apartments
Studio to 2 Bedroom Apartments

Creek View Apartments

2330 Fountain BlvdColorado Springs, CO 80910
Military
property at 2404 St Paul Dr

$960

Total Monthly Price

Total Monthly Price

Base Rent
$960

Total Monthly Price
$960

Studio, 1 Bath Condo for Rent

Available Now

2404 St Paul Dr

Colorado SpringsCO80910
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The Flats at Fountain
1 to 2 Bedroom Apartments

The Flats at Fountain

3211 E Fountain BlvdColorado Springs, CO 80910
Military
property at 1050 Mazatlan Cir

$1,025

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

Studio, 1 Bath Home for Rent

Available Apr 29

1050 Mazatlan Cir

Colorado SpringsCO80910

Colorado Springs's Best Affordable Neighborhoods

Learn about Colorado Springs and the best places to live with original content written by our Local Expert Darla Ferrara

property at 1160 Mazatlan Cir

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

2 Bedroom, 1 Bath Condo for Rent

Available Now

1160 Mazatlan Cir

Colorado SpringsCO80910
property at 1168 Mazatlan Cir

$1,049

Total Monthly Price

Total Monthly Price

Base Rent
$1,049

Total Monthly Price
$1,049

2 Bedroom, 1 Bath Home for Rent

Available May 1

1168 Mazatlan Cir

Colorado SpringsCO80910
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Park Plaza
1 to 2 Bedroom Apartments

Park Plaza

1614 Rainier DrColorado Springs, CO 80910
property at 1120 Mazatlan Cir

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Condo for Rent

Available Now

1120 Mazatlan Cir

Colorado SpringsCO80910
property at 1751 Shenandoah Dr

$1,115

Total Monthly Price

Total Monthly Price

Base Rent
$1,115

Total Monthly Price
$1,115

2 Bedroom Rentals

Available Now

1751 Shenandoah Dr

Colorado SpringsCO80910
property at 1010 Mazatlan Cir

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Condo for Rent

Available Now

1010 Mazatlan Cir

Colorado SpringsCO80910

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 960 Acapulco Ct

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

960 Acapulco Ct

Colorado SpringsCO80910

SE Colorado Springs, Colorado Springs, CO Local Guide

Cheapest Available SE Colorado Springs Apartments for Rent

 

The cheapest available apartment rental in the SE Colorado Springs area of Colorado Springs, CO is a 2 Beds unit found at Bentley Commons priced from $588. Gardens at Hidden Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable SE Colorado Springs apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Bentley CommonsOne Bedroom2BR,1BA$588
Gardens at Hidden Creek ApartmentsStudio 1Studio,1BA$750
Marmont Springs ApartmentsGarden1BR,1BA$785
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$799
Riverbend Apartments2x1 LVT2BR,1BA$844
Lincoln Springs (OLD)A11BR,1BA$849
Peak View1 Bedroom1BR,1BA$850
Ascent Apartments1 Bedroom1BR,1BA$891
Peak 14650/1Studio,1BA$895
Mountain RidgeA11BR,1BA$930

Best Value Apartments for Rent in SE Colorado Springs, CO

As of April 28, 2026 the best value apartment in the SE Colorado Springs area is the $1.38 price per square foot 3-Bed Model at Verde Commons Apartments in the in the Deerfield Hills neighborhood starting from $2,145. The second greatest value SE Colorado Springs 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 SE Colorado Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Verde Commons Apartments3-Bed3BR,2.5BA$1.38
Bentley CommonsThree Bedroom3BR,2BA$1.60
Riverbend Apartments2x1 LVT2BR,1BA$0.99
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.28
Academy Heights Apartments1 Bedroom A1BR,1BA$1.63
Peak View1 Bedroom1BR,1BA$1.31
Ascent Apartments1 Bedroom1BR,1BA$1.39
Marmont Springs ApartmentsGarden1BR,1BA$1.26
Lincoln Springs (OLD)A11BR,1BA$1.37
Mountain RidgeA11BR,1BA$1.55

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you Lifestyle Ratings of rentals in cities across the United States including SE Colorado Springs, Colorado Springs, and the greater Colorado Springs area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, places to raise kids, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap SE Colorado Springs Apartments

What is a cheap apartment in SE Colorado Springs?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in SE Colorado Springs is under $930.

What is the price of a cheap apartment in SE Colorado Springs?

The cheapest apartment in SE Colorado Springs is Marmont Springs Apartments which is listed at $785, while the average apartment in SE Colorado Springs costs $2,500.

What types of apartments are the cheapest in SE Colorado Springs?

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 48 regular apartments in SE Colorado Springs 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 SE Colorado Springs?

Cheap apartments in SE Colorado Springs have an average cost of $478 which is $2,022 cheaper than the average rent for all rentals in SE Colorado Springs.

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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.