Cheap Homes for Rent in the South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (30 Rentals)

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Search the lowest-cost Homes available for rent right now in the South Colorado Springs area of Colorado Springs.

property at 1630 Shasta Dr

$597 - $796

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$597 - $796

Total Monthly Price
$597 - $796

1 Bedroom, 1 Bath Home for Rent

Available Now

1630 Shasta Dr

Colorado SpringsCO80910
property at 2619 Weir Ave

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Now

2619 Weir Ave

Colorado SpringsCO80910
property at 514 Warren Ave

$800

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

3 Bedroom, 2 Bath Home for Rent

Available Now

514 Warren Ave

Colorado SpringsCO80905
property at 1411 S Corona Ave

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

2 Bedroom, 1 Bath Condo for Rent

Available Now

1411 S Corona Ave

Colorado SpringsCO80905

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.

property at 1010 Mazatlan Cir

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Now

1010 Mazatlan Cir

Colorado SpringsCO80910
property at 1128 Mazatlan Cir

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

1128 Mazatlan Cir

Colorado SpringsCO80910
property at 17 University Dr

$1,162

Total Monthly Price

Total Monthly Price

Base Rent
$1,162

Total Monthly Price
$1,162

2 Bedroom, 1 Bath Home for Rent

Available Sep 10

17 University Dr

Colorado SpringsCO80910

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.

property at 1513 S Corona Ave

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Required Monthly Fees
$100

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

1513 S Corona Ave

Colorado SpringsCO80905
property at 846 Tenderfoot Hill Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Jul 21

846 Tenderfoot Hill Rd

Colorado SpringsCO80906
property at 844 Tenderfoot Hill Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 2 Bath Condo for Rent

Available Now

844 Tenderfoot Hill Rd

Colorado SpringsCO80906
property at 1051 Mazatlan Cir

$1,150 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom Rentals

Available Now

1051 Mazatlan Cir

Colorado SpringsCO80910

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.

property at 2902 Airport Rd

$1,200 - $1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 To 3 Bedroom Rentals

Available Now

2902 Airport Rd

Colorado SpringsCO80910
property at 952 Acapulco Ct

$1,210

Total Monthly Price

Total Monthly Price

Base Rent
$1,210

Total Monthly Price
$1,210

2 Bedroom, 1 Bath Condo for Rent

Available Now

952 Acapulco Ct

Colorado SpringsCO80910
property at 17 N Meade Ave

$1,245

Total Monthly Price

Total Monthly Price

Base Rent
$1,245

Total Monthly Price
$1,245

2 Bedroom, 1 Bath Townhome for Rent

Available Now

17 N Meade Ave

Colorado SpringsCO80909
property at 814 Tenderfoot Hill Rd

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 2 Bath Condo for Rent

Available Now

814 Tenderfoot Hill Rd

Colorado SpringsCO80906

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.

property at 864 London Green Way

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 2 Bath Home for Rent

Available Now

864 London Green Way

Colorado SpringsCO80906

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. 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 ListingModel NameBed/BathPriced From
Bentley CommonsOne Bedroom2BR,1BA$588
Alta ApartmentsThe PeakStudio,1BA$800
Peak View1 Bedroom1BR,1BA$818
Garrison EdgeS1Studio,1BA$824
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$849
The MontelenaStudioStudio,1BA$849
Southgate Commons1 Bedroom - No Balcony1BR,1BA$849
Lincoln Springs ApartmentsA11BR,1BA$849
Gardens at Hidden Creek Apartments1/1.001BR,1BA$850
Oakridge on the GreenAshcroft - C Grade1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhouse Apartment Homes*** $700 OFF MOVE IN TOTAL ***2 Bedroom 1.5 Bat...2BR,1.5BA$1.20
Regal Estates1 Bed 1 Bath1BR,1BA$0.86
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Westview ApartmentsTwo Bedroom2BR,1BA$1.36
Peak View2 Bedroom2BR,1BA$1.35
2127 Preuss Rd2 Beds, 1 Baths2BR,1BA$1.13
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.24
Copper Stone1 Bedroom1BR,1BA$1.31
Ascent Apartments1 Bedroom1BR,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.

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Real 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.

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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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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

decorative image for A Local Expert's Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.