
Cheap Homes for Rent in the South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the South Colorado Springs area of Colorado Springs.


2619 Weir Ave

1501 Coolcrest Dr

514 Warren Ave

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.

315 May Dr

1522 Rainier Dr, Unit BASEMENT

1918 Montezuma Dr

1010 Mazatlan Cir

1128 Mazatlan Cir

17 University Dr, Unit C

17 University Dr
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.

319-321 E Brookside St, Unit 17

1719 E Kiowa St, Unit 1721 E. Kiowa St.

3341 E Fountain Blvd, Unit 211

1513 S Corona Ave

846 Tenderfoot Hill Rd

844 Tenderfoot Hill Rd

1051 Mazatlan Cir
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.

2902 Airport Rd

952 Acapulco Ct

17 N Meade Ave

26 W Rio Grande St

369 Fairway S

921 Green Star Dr, Unit 101

814 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.

864 London Green Way

824 Santa Fe St
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 | $1,594 | $825 | $2,600 |
| South Colorado Springs 3 Bedroom Homes for Rent | $2,124 | $750 | $2,995 |
| South Colorado Springs 4 Bedroom Homes for Rent | $2,642 | $1,895 | $4,500 |
| South Colorado Springs 5 Bedroom Homes for Rent | $3,648 | $2,350 | $7,995 |
| South Colorado Springs 6 Bedroom Homes for Rent | $3,243 | $2,265 | $4,222 |
Browse Homes for Rent in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the South Colorado Springs Neighborhood of Colorado Springs, CO.
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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. Alta Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. 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 |
| Alta Apartments | The Peak | Studio,1BA | $800 |
| Peak View | 1 Bedroom | 1BR,1BA | $818 |
| Garrison Edge | S1 | Studio,1BA | $824 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $849 |
| The Montelena | Studio | Studio,1BA | $849 |
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $849 |
| Lincoln Springs Apartments | A1 | 1BR,1BA | $849 |
| Gardens at Hidden Creek Apartments | 1/1.00 | 1BR,1BA | $850 |
| Oakridge on the Green | Ashcroft - C Grade | 1BR,1BA | $851 |
Best Value Apartments for Rent in South Colorado Springs, CO
As of July 17, 2026 the best value apartment in the South Colorado Springs area is the $1.20 price per square foot *** $700 OFF MOVE IN TOTAL ***2 Bedroom 1.5 Bat... Model at The Townhouse Apartment Homes in the in the Deerfield Hills neighborhood starting from $1,681. The second greatest value South Colorado Springs apartment is the 1 Bed 1 Bath Model at Regal Estates starting at $859 with a $0.86 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townhouse Apartment Homes | *** $700 OFF MOVE IN TOTAL ***2 Bedroom 1.5 Bat... | 2BR,1.5BA | $1.20 |
| Regal Estates | 1 Bed 1 Bath | 1BR,1BA | $0.86 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Westview Apartments | Two Bedroom | 2BR,1BA | $1.36 |
| Peak View | 2 Bedroom | 2BR,1BA | $1.35 |
| 2127 Preuss Rd | 2 Beds, 1 Baths | 2BR,1BA | $1.13 |
| The Park at Whispering Pines | 1X1 Fully Remodel | 1BR,1BA | $1.24 |
| Copper Stone | 1 Bedroom | 1BR,1BA | $1.31 |
| Ascent Apartments | 1 Bedroom | 1BR,1BA | $1.37 |
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 427 Apartments for Rent in South Colorado Springs, CO with pricing that ranges from $588 to $4,290. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Colorado Springs ranging from $597 to $7,995.
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 $597 to $7,995 with an average monthly rent of $2,408.
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 $1,199 to $3,892, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $2,525.
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 Expert's 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.