Cheap Apartments for Rent in the South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (118 Rentals)

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

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property at 107 E Motor Way

107 E Motor Way

Colorado SpringsCO80905
Showing Results 1-50, Page 1 of 3

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. Panorama Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $633. 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
Panorama Heights1 Bedroom A1BR,1BA$633
Alta ApartmentsThe Alp - DesignerStudio,1BA$765
Shooks Run1x1 40%1BR,1BA$768
Fairway Valley ApartmentsStudioStudio,1BA$775
Urban Edge ApartmentsStudioStudio,1BA$795
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$799
Pebble CreekA11BR,1BA$799
The Lofts at Rock Vue1/11BR,1BA$799
Marmont Springs Apartments1 Bedroom 1 Bathroom1BR,1BA$825

Best Value Apartments for Rent in South Colorado Springs, CO

As of June 10, 2025 the best value apartment in the South Colorado Springs area is the $1.10 price per square foot 2BD, 1BTH 1050 Model at The Carlson Apartments in the in the Stratton Meadows neighborhood starting from $1,153. The second greatest value South Colorado Springs apartment is the 1 Bed 1 Bath Model at Regal Estates starting at $849 with a $0.85 price per square foot in the Eastborough 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.
The Carlson Apartments2BD, 1BTH 10502BR,1BA$1.10
Regal Estates1 Bed 1 Bath1BR,1BA$0.85
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$1.00
Riverbend Apartments2 Beds, 1 Baths2BR,1BA$1.11
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.24
Shooks Run1x1 40%1BR,1BA$1.08
Copper Stone1 Bedroom1BR,1BA$1.27
Homewood Point ApartmentsOne Bedroom1BR,1BA$1.01
The Lofts at Rock Vue1/11BR,1BA$1.23

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
South Colorado Springs, Colorado Springs, CO

Ranked #3

Among neighborhoods in Colorado Springs, CO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Colorado Springs, Colorado Springs, CO

School data provided by Great Schools

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 $825.

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

The cheapest apartment in South Colorado Springs is Panorama Heights which is listed at $633, while the average apartment in South Colorado Springs costs $2,575.

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 159 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 $218 which is $2,357 cheaper than the average rent for all rentals in South Colorado Springs.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Marie Brown

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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