Cheap Apartments for Rent in the Southwest Colorado Springs Neighborhood of Colorado Springs, CO from $600 (25 Rentals)

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

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.

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233 E Arvada St
Studio to 2 Bedroom Apartments

233 E Arvada St

233 E Arvada StColorado Springs, CO 80905
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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Applewood Apartments
Studio to 1 Bedroom Apartments

Applewood Apartments

505 E Arvada StColorado Springs, CO 80905
  • Utilities Included
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The Residence at Skyway
1 to 2 Bedroom Apartments

The Residence at Skyway

855-901 S Skyway BlvdColorado Springs, CO 80905
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Ivywild Flats
1 to 2 Bedroom Apartments

Ivywild Flats

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

Brookside Apartments

418-432 E Brookside StColorado Springs, CO 80905
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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

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

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 Southgate Commons priced from $699. Applewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Southwest Colorado Springs apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Southgate Commons1BR/1.0BA1BR,1BA$699
Applewood Apartments1BR/1.0BA1BR,1BA$775
Sienna Place1X11BR,1BA$799
Park PlaceOne Bedroom1BR,1BA$995
Pebble CreekA11BR,1BA$995

Best Value Apartments for Rent in Southwest Colorado Springs, CO

As of November 02, 2025 the best value apartment in the Southwest Colorado Springs area is the $1.47 price per square foot 2x2 - 915 sqft - Avanti Reno Model at Sky at Bear Creek in the in the Stratton Meadows neighborhood starting from $1,349. The second greatest value Southwest Colorado Springs apartment is the Mimosa Model at Bonterra Lakeside Apartments starting at $1,449 with a $1.65 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.
Sky at Bear Creek2x2 - 915 sqft - Avanti Reno2BR,2BA$1.47
Bonterra Lakeside ApartmentsMimosa1BR,1BA$1.65
Kalo IvywildKaloDuo2BR,1BA$1.42
Sienna Place3X13BR,1BA$1.70
Westmeadow Peaks1 Bedroom1BR,1BA$1.63
Tamarac2x1 50%2BR,1BA$1.73
Meadows At Cheyenne MountainThe Indian Paintbrush1BR,1BA$1.71
Lookout at BroadmoorOne Bedroom One Bathroom (A1)1BR,1BA$1.75
Southgate Commons1BR/1.0BA1BR,1BA$1.28
Applewood Apartments1BR/1.0BA1BR,1BA$1.58

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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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Pet Friendly Lifestyle
Southwest Colorado Springs, Colorado Springs, CO

Ranked #26

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 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 $1,160.

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 $699, while the average apartment in Southwest Colorado Springs costs $1,669.

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 25 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 $288 which is $1,381 cheaper than the average rent for all rentals in Southwest Colorado Springs.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.