Cheap Apartments for Rent in the Sundown Neighborhood of Colorado Springs, CO from $700 (22 Rentals)

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

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Atrium at Austin Bluffs
1 to 2 Bedroom Apartments

Atrium at Austin Bluffs

4921 Templeton Gap RdColorado Springs, CO 80923
Senior Living
  • Utilities Included
Showing Results 1-22, Page 1 of 1

Cheapest Available Sundown Apartments for Rent

 

The cheapest available apartment rental in the Sundown area of Colorado Springs, CO is a 1 Bed unit found at Park at Penrose Apartments priced from $763. Park at Palmer Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here are the most affordable Sundown apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Park at Penrose Apartments1x11BR,1BA$763
Park at Palmer Apartments1x11BR,1BA$920
Traditions at Colorado SpringsStudioStudio,1BA$926
Greencrest Apartments1 Bedroom1BR,1BA$950
Candlewood Apartments1X1 6511BR,1BA$950

Best Value Apartments for Rent in Sundown, CO

As of January 20, 2026 the best value apartment in the Sundown area is the $1.68 price per square foot 30010c2 Model at Carefree Village Townhomes in the in the Stetson Run neighborhood starting from $1,899. The second greatest value Sundown apartment is the 2x2 Model at The Creek at Cottonwood Apartment Homes starting at $1,229 with a $1.10 price per square foot in the Stetson Run neighborhood. Here is today’s list of the best values for Sundown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carefree Village Townhomes30010c23BR,2BA$1.68
The Creek at Cottonwood Apartment Homes2x22BR,2BA$1.10
Copper RangeLarkspur2BR,1BA$1.63
Aspen Bluff2x1.52BR,1.5BA$1.29
First and Main ApartmentsA1 (Metro)1BR,1BA$1.68
Copper RoseOne Bedroom1BR,1BA$1.62
Candlewood Apartments1X1 6511BR,1BA$1.46
Greencrest Apartments1 Bedroom1BR,1BA$1.67
Park at Palmer Apartments1x11BR,1BA$1.64
Park at Penrose Apartments1x11BR,1BA$1.66

Frequently Asked Questions about Cheap Sundown Apartments

What is a cheap apartment in Sundown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sundown is under $1,050.

What is the price of a cheap apartment in Sundown?

The cheapest apartment in Sundown is Park at Penrose Apartments which is listed at $763, while the average apartment in Sundown costs $2,680.

What types of apartments are the cheapest in Sundown?

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 74 regular apartments in Sundown 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 Sundown?

Cheap apartments in Sundown have an average cost of $392 which is $2,288 cheaper than the average rent for all rentals in Sundown.

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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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.

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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.