
Cheap Apartments for Rent in the Southwest Colorado Springs Neighborhood of Colorado Springs, CO from $600 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Colorado Springs area of Colorado Springs.


Sienna Place

110 W Cheyenne Rd

The Residence at Skyway

Lookout at Broadmoor

Park Place

Peak 1535 on South 8th Street

837 Oxford Ln
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.

Meadows Pointe Apartments

Pebble Creek

May Drive Apartments

Hillside Pointe Apartments

Garrison Edge

Kalo Broadmoor Terrace

Applewood Apartments

Kalo Broadmoor Tower
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.

Ivywild Flats

Brookside Apartments

1602 S Wahsatch Ave

Ivy at Cheyenne Creek

Copper Chase Apartments

Kalo Ivywild

Aspen Creek

25 Broadmoor
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

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 | $1,214 | $965 | $1,499 |
| Southwest Colorado Springs 1 Bedroom Apartments | $1,282 | $699 | $1,780 |
| Southwest Colorado Springs 2 Bedroom Apartments | $1,469 | $799 | $2,154 |
| Southwest Colorado Springs 3 Bedroom Apartments | $1,880 | $1,399 | $2,287 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Southwest Colorado Springs Neighborhood of Colorado Springs, CO.
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Applewood Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Pebble Creek | A1 | 1BR,1BA | $895 |
| Sienna Place | 2x1R | 2BR,1BA | $899 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $945 |
| Park Place | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lookout at Broadmoor | Three Bedrooms Two Bathrooms (C1) | 3BR,2BA | $1.31 |
| Kalo Broadmoor Terrace | KaloDuo-Premium | 2BR,1BA | $1.17 |
| Meadows At Cheyenne Mountain | The Alpine Primrose | 2BR,2BA | $1.42 |
| Bonterra Lakeside Apartments | Mimosa | 1BR,1BA | $1.70 |
| Kalo Ivywild | KaloDuo-Premium | 2BR,1BA | $1.45 |
| 25 Broadmoor | Stratton | 2BR,1BA | $1.67 |
| Peak 1535 on South 8th Street | 1/1 | 1BR,1BA | $1.33 |
| Sienna Place | 2x1R | 2BR,1BA | $1.23 |
| Kalo Broadmoor Tower | KaloSolo | 1BR,1BA | $1.52 |
| Pebble Creek | A1 | 1BR,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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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

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.

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.

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.

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.