
Cheap Homes for Rent in South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the South Colorado Springs area of Colorado Springs.


1630 Shasta Dr

715 W Colorado Ave

1501 Coolcrest Dr

1501 Coolcrest Dr

1411 S Corona Ave

325 May Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1523 S Fountain St

Total Monthly Price
110 1/2 West Cheyenne Road

Total Monthly Price
956 W Moreno Ave

1050 Mazatlan Cir

2107 Preuss Rd, Unit D

411 Lakewood Cir, Unit 15

4340 Ericson Dr, Unit 3
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.

1010 Mazatlan Cir

1168 Mazatlan Cir

3341 E Fountain Blvd, Unit 309

1912 Cascade Ln

810 Tenderfoot Hill Rd

430 W Pikes Peak Ave, Unit 103

430 W Pikes Peak Ave
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.

26 W Rio Grande St

2902 Airport Rd

17 N Meade Ave

1074 Acapulco Ct

935 Saturn Dr

844 Tenderfoot Hill Rd

846 Tenderfoot Hill Rd
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.
South Colorado Springs, Colorado Springs, CO Local Guide

How much does it cost to rent a home in South Colorado Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Colorado Springs 2 Bedroom Homes for Rent | $1,592 | $825 | $2,600 |
| South Colorado Springs 3 Bedroom Homes for Rent | $2,227 | $1,313 | $2,995 |
| South Colorado Springs 4 Bedroom Homes for Rent | $2,372 | $1,810 | $3,195 |
| South Colorado Springs 5 Bedroom Homes for Rent | $3,099 | $2,400 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the South Colorado Springs Neighborhood of Colorado Springs, CO.
Explore Colorado Springs
South Colorado Springs, Colorado Springs, CO Local Guide
- Nearby Colorado Springs neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Lincoln Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. 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 |
| Lincoln Springs | A1 | 1BR,1BA | $750 |
| Peak 1465 | 0/1 | Studio,1BA | $760 |
| Riverbend Apartments | 1x1 LVT | 1BR,1BA | $782 |
| Arbor Pointe Apartments | One Bedroom | 1BR,1BA | $799 |
| Alta Apartments | The Peak | Studio,1BA | $821 |
| Oakridge on the Green | Ashcroft - C Grade | 1BR,1BA | $832 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $849 |
| The Montelena | Studio | Studio,1BA | $849 |
| Gardens at Hidden Creek Apartments | 1/1.00 | 1BR,1BA | $850 |
Best Value Apartments for Rent in South Colorado Springs, CO
As of June 02, 2026 the best value apartment in the South Colorado Springs area is the $0.86 price per square foot 1 Bed 1 Bath Model at Regal Estates in the in the Eastborough neighborhood starting from $859. The second greatest value South Colorado Springs apartment is the 2/1.00 Model at The Park at Whispering Pines starting at $1,050 with a $1.11 price per square foot in the Knob Hill 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 | $0.86 |
| The Park at Whispering Pines | 2/1.00 | 2BR,1BA | $1.11 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Lincoln Springs | B2 | 2BR,2BA | $1.24 |
| 4205 Loomis Ave | 4205 Loomis Ave | 2BR,1BA | $1.37 |
| Peak 1535 on South 8th Street | 1/1 | 1BR,1BA | $1.38 |
| Sienna Place | 2X1 | 2BR,1BA | $1.37 |
| Westview Apartments | 1 Bedroom | 1BR,1BA | $1.37 |
| Peak View | 1 Bedroom | 1BR,1BA | $1.31 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
Frequently Asked Questions about South Colorado Springs
What type of rentals are currently available in South Colorado Springs?
There are currently 423 Apartments for Rent in South Colorado Springs, CO with pricing that ranges from $588 to $4,345. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Colorado Springs ranging from $500 to $3,500.
What is the current price range for Rental Homes in South Colorado Springs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Colorado Springs ranges from $500 to $3,500 with an average monthly rent of $2,077.
How much are larger Three and Four Bedroom Rentals in South Colorado Springs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Colorado Springs range from $1,313 to $4,345, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,313 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,810 and Four Bedroom Apartments start at $2,625.
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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.