Cheap Apartments for Rent in the Sundown Neighborhood of Colorado Springs, CO from $800 (26 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 1-26, Page 1 of 1

Sundown, Colorado Springs, CO Local Guide

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 $808. Traditions at Colorado Springs has the second lowest priced unit, which is a Studio apartment currently listed from $926. Here are the most affordable Sundown apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Park at Penrose Apartments1x11BR,1BA$808
Traditions at Colorado SpringsStudioStudio,1BA$926
Copper RangePrairie Star1BR,1BA$973
Montebello Gardens11A1BR,1BA$995
Park at Palmer Apartments1x11BR,1BA$1,037
EPERNAY APARTMENTS1x1A1BR,1BA$1,052
Cottonwood TerraceSpring Breeze1BR,1BA$1,062
North 49 Apartments1BD, 1BTH1BR,1BA$1,078
Copper RoseOne Bedroom1BR,1BA$1,180

Best Value Apartments for Rent in Sundown, CO

As of December 05, 2025 the best value apartment in the Sundown area is the $1.10 price per square foot 2x2 Model at The Creek at Cottonwood Apartment Homes in the in the Stetson Run neighborhood starting from $1,229. The second greatest value Sundown apartment is the 2X2 Model at Candlewood Apartments starting at $1,200 with a $1.29 price per square foot in the Knob Hill 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.
The Creek at Cottonwood Apartment Homes2x22BR,2BA$1.10
Candlewood Apartments2X22BR,2BA$1.29
Lodge at Black ForestElement w/Gar1BR,1BA$1.74
Copper RangeLarkspur2BR,1BA$1.63
Champions1x1AR1 T21BR,1BA$1.67
Heritage at Hidden CreekElan1BR,1BA$1.73
First and Main ApartmentsA1 (Metro)1BR,1BA$1.65
Copper RoseOne Bedroom1BR,1BA$1.62
Montebello Gardens11AR1BR,1BA$1.76
Park at Penrose Apartments1x11BR,1BA$1.76

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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Pet Friendly Lifestyle
Sundown, Colorado Springs, CO

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Sundown Neighborhood in Colorado Springs, CO

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

4 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,180.

What is the price of a cheap apartment in Sundown?

The cheapest apartment in Sundown is Park at Penrose Apartments which is listed at $808, while the average apartment in Sundown costs $2,655.

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 54 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 $237 which is $2,418 cheaper than the average rent for all rentals in Sundown.

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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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!