Cheap Homes for Rent in South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2619 Weir Ave

$500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$500

Total Monthly Price
$500

1 Bedroom, 1 Bath Home for Rent

Available Now

2619 Weir Ave

Colorado SpringsCO80910
property at 1630 Shasta Dr

$595 - $795

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$595 - $795

Total Monthly Price
$595 - $795

1 Bedroom, 1 Bath Home for Rent

Available Now

1630 Shasta Dr

Colorado SpringsCO80910
property at 715 W Colorado Ave

$670

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$670

Total Monthly Price
$670

1 Bedroom, 1 Bath Townhome for Rent

Available Now

715 W Colorado 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 Jun 29

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 1523 S Fountain St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

1523 S Fountain St

Colorado SpringsCO80910
property at 1050 Mazatlan Cir

$1,025

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Home for Rent

Available Now

1050 Mazatlan Cir

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 1010 Mazatlan Cir

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 1 Bath Condo for Rent

Available Now

1010 Mazatlan Cir

Colorado SpringsCO80910
property at 1168 Mazatlan Cir

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 1 Bath Home for Rent

Available Now

1168 Mazatlan Cir

Colorado SpringsCO80910
property at 1912 Cascade Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1912 Cascade Ln

Colorado SpringsCO80906
property at 810 Tenderfoot Hill Rd

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Jul 10

810 Tenderfoot Hill Rd

Colorado SpringsCO80906

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

$1,250 - $1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 To 3 Bedroom Rentals

Available Now

2902 Airport Rd

Colorado SpringsCO80910
property at 17 N Meade Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Townhome for Rent

Available Now

17 N Meade Ave

Colorado SpringsCO80909
property at 935 Saturn Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

935 Saturn Dr

Colorado SpringsCO80905
property at 844 Tenderfoot Hill Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 2 Bath Condo for Rent

Available Jul 14

844 Tenderfoot Hill Rd

Colorado SpringsCO80906
property at 846 Tenderfoot Hill Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Jul 21

846 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.

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. 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 ListingModel NameBed/BathPriced From
Bentley CommonsOne Bedroom2BR,1BA$588
Lincoln SpringsA11BR,1BA$750
Peak 14650/1Studio,1BA$760
Riverbend Apartments1x1 LVT1BR,1BA$782
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$799
Alta ApartmentsThe PeakStudio,1BA$821
Oakridge on the GreenAshcroft - C Grade1BR,1BA$832
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$849
The MontelenaStudioStudio,1BA$849
Gardens at Hidden Creek Apartments1/1.001BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Regal Estates1 Bed 1 Bath1BR,1BA$0.86
The Park at Whispering Pines2/1.002BR,1BA$1.11
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Lincoln SpringsB22BR,2BA$1.24
4205 Loomis Ave4205 Loomis Ave2BR,1BA$1.37
Peak 1535 on South 8th Street1/11BR,1BA$1.38
Sienna Place2X12BR,1BA$1.37
Westview Apartments1 Bedroom1BR,1BA$1.37
Peak View1 Bedroom1BR,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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.