Cheap Apartments for Rent in the South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (110 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 225 E Brookside St

$795 - $1,095

1 To 2 Bedroom Rentals

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225 E Brookside St

Colorado SpringsCO80905
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Fountain Oaks Apartments
Rent Specials
$812 - $1,090
Total Monthly Price

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

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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Fairway Valley Apartments
$900 - $1,250
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,250

Total Monthly Price
$900 - $1,250
Studio to 2 Bedroom Apartments Available Now

Fairway Valley Apartments

3603 Airport RdColorado Springs, CO 80910
Pet Friendly
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  • 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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The Residence at Skyway
Rent Specials
$900 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$885 - $1,285
Required Monthly Fees
$15

Total Monthly Price
$900 - $1,300
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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Westview Apartments
Rent Specials
$900 - $1,335
Total Monthly Price

Total Monthly Price

Base Rent
$890 - $1,325
Required Monthly Fees
$10

Total Monthly Price
$900 - $1,335
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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Lookout at Broadmoor
Rent Specials
$940 - $1,265
Total Monthly Price

Total Monthly Price

Base Rent
$940 - $1,265

Total Monthly Price
$940 - $1,265
Studio to 2 Bedroom Apartments Available Now

Lookout at Broadmoor

810-816 Oxford LnColorado Springs, CO 80905
Pet Friendly
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  • Customer Reviewed
  • 3D Tour
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Cottages at South Murray
Rent Specials
$949 - $2,206
Total Monthly Price

Total Monthly Price

Base Rent
$903 - $2,160
Required Monthly Fees
$46

Total Monthly Price
$949 - $2,206
Studio to 2 Bedroom Apartments Available Now

Cottages at South Murray

2023 Murray Creek PtColorado Springs, CO 80916
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VIM
Rent Specials
$970 - $2,801
Total Monthly Price

Total Monthly Price

Base Rent
$970 - $2,801

Total Monthly Price
$970 - $2,801
Studio to 2 Bedroom Apartments Available Now

VIM

322 E Vermijo AveColorado Springs, CO 80903
Corporate Housing
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  • 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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532 CO
Rent Specials
$999 - $2,032
Total Monthly Price

Total Monthly Price

Base Rent
$944 - $1,977
Required Monthly Fees
$55

Total Monthly Price
$999 - $2,032
Studio to 1 Bedroom Apartments Available Now

532 CO

532 W Colorado AveColorado Springs, CO 80905
Family Friendly
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Cheyenne Crest
$1,050 - $2,006
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $2,006

Total Monthly Price
$1,050 - $2,006
Studio to 2 Bedroom Apartments Available Now

Cheyenne Crest

4008 Westmeadow DrColorado Springs, CO 80906
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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.

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Academy Heights Apartments
$1,131 - $1,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,131 - $1,599

Total Monthly Price
$1,131 - $1,599
1 to 3 Bedroom Apartments Available Now

Academy Heights Apartments

1340 Inverness DrColorado Springs, CO 80910
Affordability
  • Verified
  • Low Income
  • 3D Tour
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The Plaza at Pikes Peak
Rent Specials
$1,161 - $5,009
Total Monthly Price

Total Monthly Price

Base Rent
$1,077 - $4,925
Required Monthly Fees
$84

Total Monthly Price
$1,161 - $5,009
Studio to 2 Bedroom Apartments Available Now

The Plaza at Pikes Peak

710 E Pikes Peak AveColorado Springs, CO 80903
Military
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  • Customer Reviewed
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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. Southgate Commons has the second lowest priced unit, which is a Studio apartment currently listed from $649. 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
Southgate Commons0BR/1.0BAStudio,1BA$649
Peak ViewStudioStudio,1BA$750
The Lofts at Rock Vue1/11BR,1BA$750
Ascent Apartments1 Bedroom1BR,1BA$753
Aero Place Apartments1BD, 1BTH1BR,1BA$780
Alta ApartmentsThe Alp - DesignerStudio,1BA$795
The MontelenaStudioStudio,1BA$795
The Carlson Apartments1BD, 1BTH 5501BR,1BA$819
Oakridge on the GreenAshcroft - C Grade1BR,1BA$832

Best Value Apartments for Rent in South Colorado Springs, CO

As of February 16, 2026 the best value apartment in the South Colorado Springs area is the $1.07 price per square foot $700 off Move In Total - Waived Application Fee... Model at The Townhouse Apartments in the in the Deerfield Hills neighborhood starting from $1,500. The second greatest value South Colorado Springs apartment is the 2BR/2.0BA Model at Welcome to Lazy Days Mobile Home Village! starting at $1,450 with a $1.04 price per square foot in the Deerfield Hills 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 Townhouse Apartments$700 off Move In Total - Waived Application Fee...2BR,1.5BA$1.07
Welcome to Lazy Days Mobile Home Village!2BR/2.0BA2BR,2BA$1.04
Regal Estates1 Bed 1 Bath1BR,1BA$0.96
Ascent Apartments2 Bedrooms/1 Bath2BR,1BA$1.23
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Park PlaceTwo Bedroom2BR,1BA$1.29
Riverbend Apartments2x1 LVT2BR,1BA$1.23
Sienna Place2X12BR,1BA$1.23
The Lofts at Rock Vue1/11BR,1BA$1.15

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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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 $832.

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 $699, while the average apartment in South Colorado Springs costs $2,450.

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 121 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 $239 which is $2,211 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.