
Cheap Apartments for Rent in the South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (110 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Colorado Springs area of Colorado Springs.


The Lofts at Rock Vue

Peak View

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Gardens at Hidden Creek Apartments

Ascent Apartments

Aero Place Apartments

Alta Apartments

The Montelena

225 E Brookside St

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Fountain Oaks 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.

Sedona Ridge Apartments

Regal Estates

The Carlson Apartments

Sienna Place

Oakridge on the Green

Rosewood Apartments

Lincoln Springs

Peak 1465

Mountain Ridge

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Fairway Valley Apartments
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

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Westview Apartments

The Village at Homewood Point

Union Blvd Apartments

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Lookout at Broadmoor

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Cottages at South Murray

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VIM

Prospect Park

Peak 1535 on South 8th Street

Copper Chase
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

837 Oxford Ln

The Park at Whispering Pines

903 Boggs Pl

1825 Zebulon Dr

960 W Moreno Ave

Luxe Tower

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4311 Ericson Dr, Unit 3

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Cheyenne Crest

Panorama Heights
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.

WHITNEY YOUNG MANOR

319-321 E Brookside St

319-321 E Brookside St

319-321 E Brookside St

3341 E Fountain Blvd

Cheyenne Crossing

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Academy Heights Apartments

Fairway View

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The Plaza at Pikes Peak

Tamarac
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 | $1,428 | $750 | $2,800 |
| South Colorado Springs 1 Bedroom Apartments | $1,531 | $750 | $3,700 |
| South Colorado Springs 2 Bedroom Apartments | $1,889 | $588 | $4,268 |
| South Colorado Springs 3 Bedroom Apartments | $2,237 | $1,250 | $4,452 |
Browse Apartments in this Neighborhood
There are currently 110 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bentley Commons | One Bedroom | 2BR,1BA | $588 |
| Southgate Commons | 0BR/1.0BA | Studio,1BA | $649 |
| Peak View | Studio | Studio,1BA | $750 |
| The Lofts at Rock Vue | 1/1 | 1BR,1BA | $750 |
| Ascent Apartments | 1 Bedroom | 1BR,1BA | $753 |
| Aero Place Apartments | 1BD, 1BTH | 1BR,1BA | $780 |
| Alta Apartments | The Alp - Designer | Studio,1BA | $795 |
| The Montelena | Studio | Studio,1BA | $795 |
| The Carlson Apartments | 1BD, 1BTH 550 | 1BR,1BA | $819 |
| Oakridge on the Green | Ashcroft - C Grade | 1BR,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 Listing | Model Name | Bed/Bath | Price 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/2.0BA | 2BR,2BA | $1.04 |
| Regal Estates | 1 Bed 1 Bath | 1BR,1BA | $0.96 |
| Ascent Apartments | 2 Bedrooms/1 Bath | 2BR,1BA | $1.23 |
| 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 | $1.29 |
| Riverbend Apartments | 2x1 LVT | 2BR,1BA | $1.23 |
| Sienna Place | 2X1 | 2BR,1BA | $1.23 |
| The Lofts at Rock Vue | 1/1 | 1BR,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.
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 $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

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.