Cheap Apartments for Rent in the Southwest Colorado Springs Neighborhood of Colorado Springs, CO from $650 (58 Rentals)

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

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Garrison Edge
$774 - $1,349

Total Monthly Price

Base Rent$774 - $1,349

Total Monthly Price$774 - $1,349
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Soon

Garrison Edge

1026 Rice DrColorado Springs, CO 80905
Affordability
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Tamarac
$784 - $1,205

Total Monthly Price

Base Rent$784 - $1,205

Total Monthly Price$784 - $1,205
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Tamarac

750 E Cheyenne RdColorado Springs, CO 80905
Senior Living
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  • Low Income
property at 225 E Brookside St
$795 - $995

Total Monthly Price

Base Rent$795

Total Monthly Price$795
1 To 2 Bedroom Rentals
Available Now
Affordability

225 E Brookside St

Colorado SpringsCO80905
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Sienna Place
Rent Specials
$828 - $1,553

Total Monthly Price

Base Rent$825 - $1,550
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Sienna Place

1698 Lenmar DrColorado Springs, CO 80905
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Lookout at Broadmoor
Rent Specials
$875 - $1,435

Total Monthly Price

Base Rent$875 - $1,435

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Lookout at Broadmoor

810-816 Oxford LnColorado Springs, CO 80905
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The Residence at Skyway
$915 - $1,315

Total Monthly Price

Base Rent$900 - $1,300
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 to 2 Bedroom Apartments Available Soon

The Residence at Skyway

855-901 S Skyway BlvdColorado Springs, CO 80905
Affordability
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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

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Copper Chase
Rent Specials
$1,124 - $1,625

Total Monthly Price

Base Rent$1,124 - $1,625

Total Monthly Price$1,124 - $1,625
1 to 3 Bedroom Apartments Available Now

Copper Chase

2041 Southgate RdColorado Springs, CO 80906
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Luxe Tower
$1,129 - $2,039

Total Monthly Price

Base Rent$989 - $1,899
Required Monthly Fees$140

Total Monthly Price$1,129 - $2,039
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Luxe Tower

107 W Cheyenne RdColorado Springs, CO 80906
Senior Living
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property at 638 Gilcrest Rd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

638 Gilcrest Rd

Colorado SpringsCO80906
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Cheyenne Crest
$1,152 - $2,015

Total Monthly Price

Base Rent$1,152 - $2,015

Total Monthly Price$1,152 - $2,015
Studio to 2 Bedroom Apartments Available Now

Cheyenne Crest

4008 Westmeadow DrColorado Springs, CO 80906
Corporate Housing
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Westmeadow Peaks
$1,218 - $1,683

Total Monthly Price

Base Rent$1,218 - $1,683

Total Monthly Price$1,218 - $1,683
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Westmeadow Peaks

1472 Meadow Peak VwColorado Springs, CO 80906
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Cheyenne Crossing
Rent Specials
$1,229 - $1,754

Total Monthly Price

Base Rent$1,225 - $1,750
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Cheyenne Crossing

640 Wycliffe DrColorado Springs, CO 80906
Student Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 814 Tenderfoot Hill Rd
$1,295

Total Monthly Price

Base Rent$1,295

Total Monthly Price$1,295
12 Month Lease Term
2 Bedroom, 2 Bath Condo for Rent
Available Oct 1
Affordability

814 Tenderfoot Hill Rd, Unit 102

814 Tenderfoot Hill Rd
Colorado SpringsCO80906
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Mountain View
$1,343 - $2,921

Total Monthly Price

Base Rent$1,338 - $2,916
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Mountain View

4085 Westmeadow DrColorado Springs, CO 80906
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Cobblestone Ridge
$1,420 - $2,297

Total Monthly Price

Base Rent$1,420 - $2,297

Total Monthly Price$1,420 - $2,297
1 to 3 Bedroom Apartments Available Now

Cobblestone Ridge

4125 Pebble Ridge CirColorado Springs, CO 80906
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Bonterra Lakeside Apartments
Rent Specials
$1,459 - $2,112

Total Monthly Price

Base Rent$1,449 - $2,102
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Bonterra Lakeside Apartments

890 Quail Lake CirColorado Springs, CO 80906
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Quail Cove
Rent Specials
$1,474 - $1,799

Total Monthly Price

Base Rent$1,474 - $1,799

Total Monthly Price$1,474 - $1,799
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Quail Cove

3308 Quail Lake RdColorado Springs, CO 80906
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Retreat at Cheyenne Mountain
Rent Specials
$1,484 - $2,550

Total Monthly Price

Base Rent$1,434 - $2,500
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Retreat at Cheyenne Mountain

1735 Presidential HtsColorado Springs, CO 80905
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property at 622 E Saint Elmo Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
12 Month Lease Term
3 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

622 E Saint Elmo Ave

Colorado SpringsCO80905
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Meadows Pointe Apartments
Studio to 2 Bedroom Apartments

Meadows Pointe Apartments

233 E Arvada StColorado Springs, CO 80905
  • Utilities Included
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SMI Sapphire Springs, LLC
Studio to 3 Bedroom Apartments

SMI Sapphire Springs, LLC

221-225 E Brookside StColorado Springs, CO 80905
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 1411 S Corona Ave
$700

Total Monthly Price

Base Rent$700

Total Monthly Price$700
2 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

1411 S Corona Ave

Colorado SpringsCO80905
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Southgate Commons
Studio to 2 Bedroom Apartments

Southgate Commons

215-233 E Arvada StColorado Springs, CO 80905
Student Housing
  • Utilities Included
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Ivywild Flats
1 to 2 Bedroom Apartments

Ivywild Flats

316 E BrooksideColorado Springs, CO 80905
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Pebble Creek
Studio to 2 Bedroom Apartments

Pebble Creek

2005 S El Paso AveColorado Springs, CO 80905
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Brookside Apartments
Studio to 2 Bedroom Apartments

Brookside Apartments

418-432 E Brookside StColorado Springs, CO 80905
  • Utilities Included
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1602 S Wahsatch Ave
1 to 2 Bedroom Apartments

1602 S Wahsatch Ave

1602 S Wahsatch AveColorado Springs, CO 80905
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Kalo Broadmoor Tower
Studio to 2 Bedroom Apartments

Kalo Broadmoor Tower

929 Arcturus DrColorado Springs, CO 80905

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Aspen Creek
1 Bedroom Apartments

Aspen Creek

319-321 E Brookside StColorado Springs, CO 80905
  • Utilities Included
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Park Place
1 to 2 Bedroom Apartments

Park Place

204 Beaver CtColorado Springs, CO 80905
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Kalo Ivywild
Studio to 3 Bedroom Apartments

Kalo Ivywild

402 Crestone LnColorado Springs, CO 80905
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Wildridge
1 to 3 Bedroom Apartments

Wildridge

2485 Gold Rush DrColorado Springs, CO 80906
  • Utilities Included
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25 Broadmoor
Studio to 2 Bedroom Apartments

25 Broadmoor

25 Sommerlyn RdColorado Springs, CO 80906
Military
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Sky at Bear Creek
1 to 2 Bedroom Apartments

Sky at Bear Creek

864 Oxford LnColorado Springs, CO 80905
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Glenpond Apartments
1 to 2 Bedroom Apartments

Glenpond Apartments

1702 Lorraine StColorado Springs, CO 80905
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Wolfe Apartments
1 Bedroom Apartments

Wolfe Apartments

905 W Cheyenne RdColorado Springs, CO 80906
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Broadmoor Springs
1 to 3 Bedroom Apartments

Broadmoor Springs

420 E Cheyenne Mountain BlvdColorado Springs, CO 80906
Military

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.

Southwest Colorado Springs, Colorado Springs, CO Local Guide

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 Sienna Place priced from $828. Kalo Broadmoor Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Southwest Colorado Springs apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Sienna Place1X11BR,1BA$828
Kalo Broadmoor TowerKaloSolo1BR,1BA$900
Kalo Broadmoor TerraceKaloUnityStudio,1BA$918
Tamarac2x1 40%2BR,1BA$943
Park PlaceOne Bedroom1BR,1BA$949
Kalo IvywildKaloUnityStudio,1BA$987
Applewood Apartments1BR/1.0BA1BR,1BA$989
Copper ChaseCuchara1BR,1BA$1,124
Cheyenne CrestEllenStudio,1BA$1,152
Cheyenne CrossingWintergreen1BR,1BA$1,229

Best Value Apartments for Rent in Southwest Colorado Springs, CO

As of September 14, 2026 the best value apartment in the Southwest Colorado Springs area is the $0.95 price per square foot B2 Model at Broadview Ridge in the in the Stratton Meadows neighborhood starting from $2,252. The second greatest value Southwest Colorado Springs apartment is the Penrose Model at Cheyenne Creek starting at $1,630 with a $1.55 price per square foot in the Stratton Meadows neighborhood. Here is today’s list of the best values for Southwest Colorado Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadview RidgeB22BR,2.5BA$0.95
Cheyenne CreekPenrose2BR,2BA$1.55
The Estates At Cheyenne BlvdThe Estate2BR,1BA$1.36
Sky at Bear Creek2x2 - 915 sqft - Avanti Reno2BR,2BA$1.43
Westmeadow PeaksMonarch2BR,1BA$1.64
Bonterra Lakeside ApartmentsMimosa1BR,1BA$1.66
Lookout at BroadmoorTwo Bedrooms One Bathroom (B3)2BR,1BA$1.50
Luxe Tower061BR,1BA$1.71
25 BroadmoorPenrose1BR,1BA$1.60
Kalo Broadmoor TowerKaloSolo1BR,1BA$1.45

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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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 the price of a cheap apartment in Southwest Colorado Springs?

The cheapest apartment in Southwest Colorado Springs is Sienna Place which is listed at $828, while the average apartment in Southwest Colorado Springs costs $1,459.

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 9 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 $225 which is $1,234 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

decorative image for Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods article

Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods

Written by: Darla Ferrara

If your perfect college experience involves a blend of breathtaking mountain views and vibrant city living, then Colorado Springs, CO, might be the right choice for you.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.