Cheap Homes for Rent in South Colorado Springs Neighborhood of Colorado Springs, CO from $500 (29 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

$595 - $925

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$595 - $925

Total Monthly Price
$595 - $925

1 Bedroom, 1 Bath Home for Rent

Available Now

1630 Shasta Dr

Colorado SpringsCO80910
property at 2619 Weir Ave

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Apr 18

2619 Weir Ave

Colorado SpringsCO80910
property at 732 S Royer St

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Home for Rent

Available Now

732 S Royer St

Colorado SpringsCO80903

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 4332 Ericson Dr

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Condo for Rent

Available May 3

4332 Ericson Dr

Colorado SpringsCO80906
property at 2404 St Paul Dr

$960

Total Monthly Price

Total Monthly Price

Base Rent
$960

Total Monthly Price
$960

Studio, 1 Bath Condo for Rent

Available Now

2404 St Paul Dr

Colorado SpringsCO80910
property at 900 Saturn Dr

$1,025 - $1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

1 Bedroom Rentals

Available Now

900 Saturn Dr

Colorado SpringsCO80905

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 1160 Mazatlan Cir

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

2 Bedroom, 1 Bath Condo for Rent

Available Now

1160 Mazatlan Cir

Colorado SpringsCO80910
property at 1168 Mazatlan Cir

$1,049

Total Monthly Price

Total Monthly Price

Base Rent
$1,049

Total Monthly Price
$1,049

2 Bedroom, 1 Bath Home for Rent

Available May 1

1168 Mazatlan Cir

Colorado SpringsCO80910
property at 1135 Valley Manor Ct

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Condo for Rent

Available Now

1135 Valley Manor Ct

Colorado SpringsCO80906
property at 1120 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

1120 Mazatlan Cir

Colorado SpringsCO80910
property at 912 1/2 E Cimarron St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

912 1/2 E Cimarron St

Colorado SpringsCO80903

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 1751 Shenandoah Dr

$1,115

Total Monthly Price

Total Monthly Price

Base Rent
$1,115

Total Monthly Price
$1,115

2 Bedroom Rentals

Available Now

1751 Shenandoah Dr

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 940 S Arcadia St

$1,222

Total Monthly Price

Total Monthly Price

Base Rent
$1,222

Total Monthly Price
$1,222

2 Bedroom, 1 Bath Condo for Rent

Available Now

940 S Arcadia St

Colorado SpringsCO80903
property at 728 W Colorado Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

728 W Colorado Ave

Colorado SpringsCO80905
property at 415 S Weber St

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom Rentals

Available Now

415 S Weber St

Colorado SpringsCO80903
property at 2902 Airport Rd

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 1 Bath Condo for Rent

Available Now

2902 Airport Rd

Colorado SpringsCO80910

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

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. Southgate Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. 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
Southgate Commons1 Bedroom - No Balcony1BR,1BA$729
The MontelenaStudioStudio,1BA$749
Gardens at Hidden Creek ApartmentsStudio 1Studio,1BA$750
Marmont Springs ApartmentsGarden1BR,1BA$785
Kalo Broadmoor TowerKaloUnityStudio,1BA$799
Sienna Place1X11BR,1BA$799
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$799
Alta ApartmentsThe Alp - DesignerStudio,1BA$812
Riverbend Apartments2x1 LVT2BR,1BA$844

Best Value Apartments for Rent in South Colorado Springs, CO

As of April 17, 2026 the best value apartment in the South Colorado Springs area is the $1.25 price per square foot 1812 Monterey Rd Model at 1812 Monterey Rd, Unit C in the in the Deerfield Hills neighborhood starting from $1,250. The second greatest value South Colorado Springs apartment is the 1 Bed 1 Bath Model at Regal Estates starting at $959 with a $0.96 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.
1812 Monterey Rd, Unit C1812 Monterey Rd2BR,1.5BA$1.25
Regal Estates1 Bed 1 Bath1BR,1BA$0.96
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Riverbend Apartments2x1 LVT2BR,1BA$0.99
Kalo IvywildKaloDuo2BR,1BA$1.33
The Park at Whispering Pines1X1 Fully Remodel1BR,1BA$1.28
Sienna Place1X11BR,1BA$1.10
Marmont Springs ApartmentsGarden1BR,1BA$1.26
Southgate Commons1 Bedroom - No Balcony1BR,1BA$1.34

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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How much rent can you afford?

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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 414 Apartments for Rent in South Colorado Springs, CO with pricing that ranges from $588 to $4,543. There are also 119 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Colorado Springs ranging from $595 to $3,900.

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 $595 to $3,900 with an average monthly rent of $1,802.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.