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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Applewood Apartments
Studio to 1 Bedroom Apartments

Applewood Apartments

505 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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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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The Residence at Skyway
1 to 2 Bedroom Apartments

The Residence at Skyway

855-901 S Skyway BlvdColorado Springs, CO 80905
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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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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 $725. 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$725
Sienna Place2X12BR,1BA$749
Kalo Broadmoor TerraceKaloUnityStudio,1BA$850
Pebble CreekA11BR,1BA$895

Best Value Apartments for Rent in Southwest Colorado Springs, CO

As of December 21, 2025 the best value apartment in the Southwest Colorado Springs area is the $1.43 price per square foot 932 Cheyenne Blvd Model at 932 Cheyenne Blvd, Unit 932 in the in the Stratton Meadows neighborhood starting from $1,800. The second greatest value Southwest Colorado Springs apartment is the Penrose Model at Cheyenne Creek starting at $1,685 with a $1.60 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.
932 Cheyenne Blvd, Unit 932932 Cheyenne Blvd3BR,1BA$1.43
Cheyenne CreekPenrose2BR,2BA$1.60
Kalo IvywildKaloDuo-Premium2BR,1BA$1.45
Sienna Place3X13BR,1BA$1.61
Peak 1535 on South 8th Street1/11BR,1BA$1.33
Westmeadow Peaks1 Bedroom1BR,1BA$1.63
25 BroadmoorPortales1BR,1BA$1.60
Kalo Broadmoor TowerKaloSolo1BR,1BA$1.52
Southgate Commons1BR/1.0BA1BR,1BA$1.28
Applewood Apartments1BR/1.0BA1BR,1BA$1.48

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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Quick Rent Budget Calculator

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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 #24

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 $1,024.

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 $1,715.

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 46 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 $351 which is $1,364 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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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.

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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!