Cheap Homes for Rent in South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (16 Rentals)

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

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.

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

property at 4818 Hobkirks Pt

4818 Hobkirks Pt

Colorado SpringsCO80906

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.

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. Panorama Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $633. 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
Panorama Heights1 Bedroom A1BR,1BA$633
Shooks Run1x1 40%1BR,1BA$768
Fairway Valley ApartmentsStudioStudio,1BA$775
Alta ApartmentsThe Alp - DesignerStudio,1BA$790

Best Value Apartments for Rent in South Colorado Springs, CO

As of July 05, 2025 the best value apartment in the South Colorado Springs area is the $1.21 price per square foot 1620 Monterey Rd Model at 1620 Monterey Rd, Unit 201 in the in the Deerfield Hills neighborhood starting from $1,850. The second greatest value South Colorado Springs apartment is the 1 Bed 1 Bath Model at Regal Estates starting at $849 with a $0.85 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.
1620 Monterey Rd, Unit 2011620 Monterey Rd3BR,2BA$1.21
Regal Estates1 Bed 1 Bath1BR,1BA$0.85
The Carlson Apartments1BD, 1BTH 9501BR,1BA$1.19
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$1.00
Riverbend Apartments2 Beds, 1 Baths2BR,1BA$1.11
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.24
Shooks Run1x1 40%1BR,1BA$1.08
Homewood Point ApartmentsOne Bedroom1BR,1BA$1.01
The Lofts at Rock Vue1/11BR,1BA$1.23

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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 446 Apartments for Rent in South Colorado Springs, CO with pricing that ranges from $588 to $4,268. There are also 157 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Colorado Springs ranging from $589 to $3,949.

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 $589 to $3,949 with an average monthly rent of $2,379.

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 $1,350 to $4,214, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,799 and Four Bedroom Apartments start at $1,995.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.