
Cheap Apartments for Rent in the South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (125 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Colorado Springs area of Colorado Springs.


1630 Shasta Dr

2013 Whitman Rd

The Montelena

Total Monthly Price
Gardens at Hidden Creek Apartments

Marmont Springs Apartments

The Lofts at Rock Vue

Sedona Ridge Apartments

Alta Apartments

Total Monthly Price
Arbor Pointe Apartments
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.

Sienna Place

1501 Coolcrest Dr

Total Monthly Price
Fountain Oaks Apartments

Regal Estates

Lincoln Springs (OLD)

Rosewood Apartments

942 E Las Animas St

1501 Coolcrest Dr

Total Monthly Price
Oakridge on the Green

214 S Wahsatch Ave
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.

Ascent Apartments

Peak 1465

135 University Dr

Panorama Heights

1523 S Fountain St

2068 Fernwood Dr

Total Monthly Price
Fairway Valley Apartments

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Westview Apartments

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The Residence at Skyway

Total Monthly Price
Lookout at Broadmoor
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

Tamarac

Union Blvd Apartments

Mountain Ridge

The Carlson Apartments

Total Monthly Price
The Park at Whispering Pines

2404 St Paul Dr

Village at Homewood Pointe

Aero Place Apartments

Prospect Park

1810 Woodburn St
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.

837 Oxford Ln

Peak View

910 Sahwatch St

Total Monthly Price
Cottages at South Murray

2068 Fernwood Dr

Total Monthly Price
Academy Heights Apartments

WHITNEY YOUNG MANOR

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Sumner House

Total Monthly Price
Peak 1535

Copper Chase (Old)
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

How much does it cost to rent an apartment in South Colorado Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Colorado Springs Studio Apartments | $1,348 | $699 | $2,800 |
| South Colorado Springs 1 Bedroom Apartments | $1,512 | $785 | $3,796 |
| South Colorado Springs 2 Bedroom Apartments | $1,922 | $588 | $4,268 |
| South Colorado Springs 3 Bedroom Apartments | $2,317 | $1,245 | $4,452 |
| South Colorado Springs 4 Bedroom Apartments | $2,450 | $2,450 | $2,450 |
Browse Apartments in this Neighborhood
There are currently 125 rentals with your search options within a 2 mile radius of the South Colorado Springs Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
South Colorado Springs, Colorado Springs, CO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bentley Commons | One Bedroom | 2BR,1BA | $588 |
| The Montelena | Studio | Studio,1BA | $699 |
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $729 |
| Gardens at Hidden Creek Apartments | Studio 1 | Studio,1BA | $750 |
| Marmont Springs Apartments | Garden | 1BR,1BA | $785 |
| Alta Apartments | The Alp - Designer | Studio,1BA | $798 |
| Sienna Place | 1X1 | 1BR,1BA | $799 |
| Kalo Broadmoor Tower | KaloUnity | Studio,1BA | $799 |
| Arbor Pointe Apartments | One Bedroom | 1BR,1BA | $799 |
| Monroe | S1 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Regal Estates | 1 Bed 1 Bath | 1BR,1BA | $0.96 |
| The Estates At Cheyenne Blvd | The Estate | 2BR,1BA | $1.36 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Park Place | Two Bedroom | 2BR,1BA | $1.28 |
| Riverbend Apartments | 2x1 LVT | 2BR,1BA | $0.99 |
| Kalo Ivywild | KaloDuo | 2BR,1BA | $1.33 |
| The Park at Whispering Pines | 1X1 Fully Remodel | 1BR,1BA | $1.28 |
| Sienna Place | 2X1 | 2BR,1BA | $1.30 |
| Marmont Springs Apartments | Garden | 1BR,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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in South Colorado Springs, Colorado Springs, CO
Broadmoor Elementary School
Cheyenne Mountain High School
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 $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

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.

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.

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.

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.