
Cheap Apartments for Rent in the Southwest Colorado Springs Neighborhood of Colorado Springs, CO from $600 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Colorado Springs area of Colorado Springs.


Total Monthly Price
Lookout at Broadmoor

Tamarac

Total Monthly Price
The Residence at Skyway

319 E Brookside St, Unit 15

837 Oxford Ln, Unit 101

1929 S Prospect Ave

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Peak 1535 on South 8th Street

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Copper Chase (Old)

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Cheyenne Crest
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.

Cheyenne Crossing

Meadows At Cheyenne Mountain

Regency Tower Senior 55 Plus Apartments

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The Estates At Cheyenne Blvd

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Mountain View

1810 Woodburn St

921 Green Star Dr, Unit 101

118 E Brookside St

1628 S Cascade Ave

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Cobblestone Ridge
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.

Quail Cove

Retreat at Cheyenne Mountain

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Bonterra Lakeside Apartments

16 Old Broadmoor Rd

3315 Capstan Way

Meadows Pointe Apartments

SMI Sapphire Springs, LLC

Southgate Commons

Pebble Creek

Hillside Pointe Apartments
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.

Garrison Edge

Applewood Apartments

Ivywild Flats

Kalo Broadmoor Tower

Brookside Apartments

1602 S Wahsatch Ave

25 Broadmoor

Ivy at Cheyenne Creek

Kalo Broadmoor Terrace

Aspen Creek
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

May Drive Apartments

Kalo Ivywild

Park Place

900 Saturn Dr

Luxe Tower

Wildridge

Sky at Bear Creek

1912 Cascade Ln

940 S Arcadia St

Glenpond Apartments
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.
Southwest Colorado Springs, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Southwest Colorado Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Colorado Springs Studio Apartments | $1,194 | $890 | $1,499 |
| Southwest Colorado Springs 1 Bedroom Apartments | $1,323 | $825 | $1,845 |
| Southwest Colorado Springs 2 Bedroom Apartments | $1,649 | $908 | $2,397 |
| Southwest Colorado Springs 3 Bedroom Apartments | $1,693 | $1,400 | $2,389 |
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Southwest Colorado Springs Neighborhood of Colorado Springs, CO.
See all Apartments in Colorado SpringsExplore Colorado Springs
Southwest Colorado Springs, Colorado Springs, CO Local Guide
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Cheapest Available Southwest Colorado Springs Apartments for Rent
 The cheapest available apartment rental in the Southwest Colorado Springs area of Colorado Springs, CO is a 1 Bed unit found at Southgate Commons priced from $715. Kalo Broadmoor Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Southwest Colorado Springs apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southgate Commons | 1 Bedroom - No Balcony | 1BR,1BA | $715 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $875 |
| 25 Broadmoor | Stratus | Studio,1BA | $899 |
| Pebble Creek | A1 | 1BR,1BA | $899 |
| Tamarac | 2x1 40% | 2BR,1BA | $908 |
| Kalo Broadmoor Terrace | KaloUnity | Studio,1BA | $909 |
| Lookout at Broadmoor | Studio One Bathroom (S2) | Studio,1BA | $920 |
| Kalo Ivywild | KaloUnity | Studio,1BA | $956 |
| Peak 1535 on South 8th Street | 1/1 | 1BR,1BA | $1,095 |
| Copper Chase (Old) | Cuchara | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Southwest Colorado Springs, CO
As of April 26, 2026 the best value apartment in the Southwest Colorado Springs area is the $1.68 price per square foot Penrose Model at Cheyenne Creek in the in the Stratton Meadows neighborhood starting from $1,761. The second greatest value Southwest Colorado Springs apartment is the Autumn Moon Model at Cheyenne Crossing starting at $1,600 with a $1.68 price per square foot in the Cheyenne Hills neighborhood. Here is today’s list of the best values for Southwest Colorado Springs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cheyenne Creek | Penrose | 2BR,2BA | $1.68 |
| Cheyenne Crossing | Autumn Moon | 2BR,1BA | $1.68 |
| Bonterra Lakeside Apartments | Mimosa | 1BR,1BA | $1.76 |
| Peak 1535 on South 8th Street | 1/1 | 1BR,1BA | $1.46 |
| Broadmoor Springs | One Bed One Bath - A1 | 1BR,1BA | $1.85 |
| Tamarac | 2x1 50% | 2BR,1BA | $1.71 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $1.41 |
| Copper Chase (Old) | Cuchara | 1BR,1BA | $1.83 |
| Southgate Commons | 1BR/1.0BA | 1BR,1BA | $1.48 |
| Pebble Creek | A1 | 1BR,1BA | $1.69 |
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.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Southwest Colorado Springs, Colorado Springs, CO
Broadmoor Elementary School
Cheyenne Mountain High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States, including Colorado Springs. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, apartment complexes for the kids, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Southwest Colorado Springs Apartments
What is a cheap apartment in Southwest Colorado Springs?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Colorado Springs is under $1,099.
What is the price of a cheap apartment in Southwest Colorado Springs?
The cheapest apartment in Southwest Colorado Springs is Southgate Commons which is listed at $715, while the average apartment in Southwest Colorado Springs costs $1,700.
What types of apartments are the cheapest in Southwest Colorado Springs?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Southwest Colorado Springs that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southwest Colorado Springs?
Cheap apartments in Southwest Colorado Springs have an average cost of $136 which is $1,564 cheaper than the average rent for all rentals in Southwest Colorado Springs.
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 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.

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.

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.

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.