Cheap Apartments for Rent in the Southwest Colorado Springs Neighborhood of Colorado Springs, CO from $600 (24 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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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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Meadows Pointe Apartments
Studio to 2 Bedroom Apartments

Meadows Pointe Apartments

233 E Arvada StColorado 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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Garrison Edge
Studio to 2 Bedroom Apartments

Garrison Edge

1026 Rice DrColorado Springs, CO 80905
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Applewood Apartments
Studio to 1 Bedroom Apartments

Applewood Apartments

505 E Arvada StColorado Springs, CO 80905
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Kalo Broadmoor Tower
Studio to 2 Bedroom Apartments

Kalo Broadmoor Tower

929 Arcturus DrColorado Springs, CO 80905

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.

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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 Ivywild
Studio to 3 Bedroom Apartments

Kalo Ivywild

402 Crestone LnColorado Springs, CO 80905
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Aspen Creek
1 Bedroom Apartments

Aspen Creek

319-321 E Brookside StColorado Springs, CO 80905
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25 Broadmoor
Studio to 2 Bedroom Apartments

25 Broadmoor

25 Sommerlyn RdColorado Springs, CO 80906
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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

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 Applewood Apartments priced from $850. Pebble Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Southwest Colorado Springs apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Applewood Apartments1BR/1.0BA1BR,1BA$850
Pebble CreekA11BR,1BA$895
Sienna Place2x1R2BR,1BA$899
Kalo Broadmoor TowerKaloSolo1BR,1BA$945
Park PlaceOne Bedroom1BR,1BA$995

Best Value Apartments for Rent in Southwest Colorado Springs, CO

As of January 22, 2026 the best value apartment in the Southwest Colorado Springs area is the $1.31 price per square foot Three Bedrooms Two Bathrooms (C1) Model at Lookout at Broadmoor in the in the Stratton Meadows neighborhood starting from $2,050. The second greatest value Southwest Colorado Springs apartment is the KaloDuo-Premium Model at Kalo Broadmoor Terrace starting at $1,200 with a $1.17 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.
Lookout at BroadmoorThree Bedrooms Two Bathrooms (C1)3BR,2BA$1.31
Kalo Broadmoor TerraceKaloDuo-Premium2BR,1BA$1.17
Meadows At Cheyenne MountainThe Alpine Primrose2BR,2BA$1.42
Bonterra Lakeside ApartmentsMimosa1BR,1BA$1.70
Kalo IvywildKaloDuo-Premium2BR,1BA$1.45
25 BroadmoorStratton2BR,1BA$1.67
Peak 1535 on South 8th Street1/11BR,1BA$1.33
Sienna Place2x1R2BR,1BA$1.23
Kalo Broadmoor TowerKaloSolo1BR,1BA$1.52
Pebble CreekA11BR,1BA$1.68

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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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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Quick 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.

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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 $1,145.

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 $1,872.

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 3 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 $104 which is $1,768 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

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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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.