Cheap Apartments for Rent in the South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (125 Rentals)

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

property at 1630 Shasta Dr

$600 - $950

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$600 - $950

Total Monthly Price
$600 - $950

1 Bedroom, 1 Bath Home for Rent

Available Now

1630 Shasta Dr

Colorado SpringsCO80910
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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

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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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
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Oakridge on the Green
Rent Specials
$862 - $1,725
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$851 - $1,714
Required Monthly Fees
$11

Total Monthly Price
$862 - $1,725
1 to 2 Bedroom Apartments Available Now

Oakridge on the Green

801-809 S Circle DrColorado Springs, CO 80910
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 214 S Wahsatch Ave

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

Studio, 1 Bath Home for Rent

Available Now

214 S Wahsatch Ave

Colorado SpringsCO80903

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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Peak 1465
Rent Specials
$895 - $1,150
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Peak 1465

1465 Alvarado DrColorado Springs, CO 80910
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 135 University Dr

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

135 University Dr

Colorado SpringsCO80910
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Fairway Valley Apartments
$900 - $1,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,250

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Fairway Valley Apartments

3603 Airport RdColorado Springs, CO 80910
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Westview Apartments
Rent Specials
$910 - $1,345
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,335
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Westview Apartments

223 University DrColorado Springs, CO 80910
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Residence at Skyway
$915 - $1,315
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,300
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Residence at Skyway

855-901 S Skyway BlvdColorado Springs, CO 80905
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Lookout at Broadmoor
Rent Specials
$915 - $1,310
Total Monthly Price

Total Monthly Price

Base Rent
$915 - $1,310

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lookout at Broadmoor

810-816 Oxford LnColorado Springs, CO 80905
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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

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The Park at Whispering Pines
Rent Specials
$950 - $1,075
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,075

Total Monthly Price
$950 - $1,075
1 to 2 Bedroom Apartments Available Now

The Park at Whispering Pines

3030 E Fountain BlvdColorado Springs, CO 80910
Outdoors
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  • Customer Reviewed
  • 3D Tour
property at 1810 Woodburn St

$995 - $1,400

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom Rentals

Available Now

1810 Woodburn St

Colorado SpringsCO80906

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 910 Sahwatch St

$1,030

Total Monthly Price

Total Monthly Price

Base Rent
$1,030

Total Monthly Price
$1,030

1 Bedroom, 1 Bath Home for Rent

Available Apr 14

910 Sahwatch St

Colorado SpringsCO80903
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Cottages at South Murray
$1,045 - $2,957
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $2,911
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
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Sumner House
$1,092 - $1,404
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,092 - $1,404

Total Monthly Price
$1,092 - $1,404
Studio to 2 Bedroom Apartments Contact Us For Availability

Sumner House

335 Victoria stColorado Springs, CO 80903
Accessibility
  • Verified
  • Utilities Included
  • Low Income
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Peak 1535
Rent Specials
$1,095
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095
1 Bedroom Apartments Available Apr 17

Peak 1535

1535 S 8th StColorado Springs, CO 80905
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

South Colorado Springs, Colorado Springs, CO Local Guide

Cheapest Available South Colorado Springs Apartments for Rent

 

The cheapest available apartment rental in the South Colorado Springs area of Colorado Springs, CO is a 2 Beds unit found at Bentley Commons priced from $588. The Montelena has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable South Colorado Springs apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Bentley CommonsOne Bedroom2BR,1BA$588
The MontelenaStudioStudio,1BA$699
Southgate Commons1 Bedroom - No Balcony1BR,1BA$729
Gardens at Hidden Creek ApartmentsStudio 1Studio,1BA$750
Marmont Springs ApartmentsGarden1BR,1BA$785
Alta ApartmentsThe Alp - DesignerStudio,1BA$798
Sienna Place1X11BR,1BA$799
Kalo Broadmoor TowerKaloUnityStudio,1BA$799
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$799
MonroeS1Studio,1BA$828

Best Value Apartments for Rent in South Colorado Springs, CO

As of April 04, 2026 the best value apartment in the South Colorado Springs area is the $0.96 price per square foot 1 Bed 1 Bath Model at Regal Estates in the in the Eastborough neighborhood starting from $959. The second greatest value South Colorado Springs apartment is the The Estate Model at The Estates At Cheyenne Blvd starting at $1,290 with a $1.36 price per square foot in the Stratton Meadows neighborhood. Here is today’s list of the best values for South Colorado Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Regal Estates1 Bed 1 Bath1BR,1BA$0.96
The Estates At Cheyenne BlvdThe Estate2BR,1BA$1.36
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Park PlaceTwo Bedroom2BR,1BA$1.28
Riverbend Apartments2x1 LVT2BR,1BA$0.99
Kalo IvywildKaloDuo2BR,1BA$1.33
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.28
Sienna Place2X12BR,1BA$1.30
Marmont Springs ApartmentsGarden1BR,1BA$1.26

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 proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Colorado including South 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 outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South Colorado Springs Apartments

What is a cheap apartment in South Colorado Springs?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Colorado Springs is under $828.

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

The cheapest apartment in South Colorado Springs is Southgate Commons which is listed at $729, while the average apartment in South Colorado Springs costs $2,500.

What types of apartments are the cheapest in South 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 125 regular apartments in South 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 South Colorado Springs?

Cheap apartments in South Colorado Springs have an average cost of $231 which is $2,269 cheaper than the average rent for all rentals in South 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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.