
Cheap Apartments for Rent in the Southwest Colorado Springs Neighborhood of Colorado Springs, CO from $600 (59 Rentals)
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

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Lookout at Broadmoor

325 May Dr

Applewood Apartments

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Sienna Place

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The Residence at Skyway

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110 1/2 West Cheyenne Road

Tamarac

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Peak 1535 on South 8th Street
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.

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Copper Chase

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Cheyenne Crest

900 Saturn Dr

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Luxe Tower

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Cheyenne Crossing

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Westmeadow Peaks

Meadows At Cheyenne Mountain

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Mountain View

319-321 E Brookside St, Unit 31

Regency Tower Senior 55 Plus Apartments
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.

921 Green Star Dr, Unit 101

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The Estates At Cheyenne Blvd

935 Saturn Dr, Unit 106

118 E Brookside St

1628 S Cascade Ave

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Cobblestone Ridge

Quail Cove

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Retreat at Cheyenne Mountain

Meadows Pointe Apartments

SMI Sapphire Springs, LLC
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.

Hillside Pointe Apartments

1411 S Corona Ave

Southgate Commons

Ivywild Flats

Kalo Broadmoor Tower

Pebble Creek

Brookside Apartments

1602 S Wahsatch Ave

Ivy at Cheyenne Creek

Kalo Broadmoor Terrace
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.

May Drive Apartments

Sky at Bear Creek

Kalo Ivywild

Park Place

Wildridge

25 Broadmoor

1803 Cheyenne Blvd

1912 Cascade Ln

Wolfe Apartments

Glenpond Apartments
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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.
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 | $1,104 | $824 | $1,499 |
| Southwest Colorado Springs 1 Bedroom Apartments | $1,309 | $795 | $1,922 |
| Southwest Colorado Springs 2 Bedroom Apartments | $1,601 | $943 | $2,294 |
| Southwest Colorado Springs 3 Bedroom Apartments | $1,846 | $1,349 | $2,619 |
Browse Apartments in this Neighborhood
There are currently 59 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
- Nearby Colorado Springs neighborhoods
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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 Studio unit found at Garrison Edge priced from $824. Applewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Southwest Colorado Springs apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garrison Edge | S1 | Studio,1BA | $824 |
| Applewood Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $875 |
| Pebble Creek | S1 | Studio,1BA | $885 |
| Sienna Place | 1X1 | 1BR,1BA | $902 |
| Kalo Broadmoor Terrace | KaloUnity | Studio,1BA | $909 |
| The Residence at Skyway | Junior 1bdr | 1BR,1BA | $915 |
| Tamarac | 2x1 40% | 2BR,1BA | $943 |
| Park Place | One Bedroom | 1BR,1BA | $995 |
| Peak 1535 on South 8th Street | 1/1 | 1BR,1BA | $1,035 |
Best Value Apartments for Rent in Southwest Colorado Springs, CO
As of June 25, 2026 the best value apartment in the Southwest Colorado Springs area is the $1.66 price per square foot Penrose Model at Cheyenne Creek in the in the Stratton Meadows neighborhood starting from $1,740. The second greatest value Southwest Colorado Springs apartment is the Two Bed One Bath - B1 Model at Broadmoor Springs starting at $1,549 with a $1.72 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cheyenne Creek | Penrose | 2BR,2BA | $1.66 |
| Broadmoor Springs | Two Bed One Bath - B1 | 2BR,1BA | $1.72 |
| Bonterra Lakeside Apartments | Mimosa | 1BR,1BA | $1.71 |
| Peak 1535 on South 8th Street | 1/1 | 1BR,1BA | $1.38 |
| Sienna Place | 1X1 | 1BR,1BA | $1.24 |
| Kalo Ivywild | KaloSolo | 1BR,1BA | $1.48 |
| Tamarac | 2x1 50% | 2BR,1BA | $1.77 |
| Westmeadow Peaks | Keystone | 1BR,1BA | $1.82 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $1.41 |
| Applewood Apartments | 1BR/1.0BA | 1BR,1BA | $1.73 |
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 ArticleReal 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 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 $1,035.
What is the price of a cheap apartment in Southwest Colorado Springs?
The cheapest apartment in Southwest Colorado Springs is Applewood Apartments which is listed at $850, while the average apartment in Southwest Colorado Springs costs $1,716.
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 13 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 $198 which is $1,518 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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.