Cheap Apartments for Rent in the Ute Valley Park Neighborhood of Colorado Springs, CO from $500 (5 Rentals)

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

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Chestnut Heights
Studio to 2 Bedroom Apartments

Chestnut Heights

4335-4343 N Chestnut StColorado Springs, CO 80907
  • Utilities Included

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4357 N Chestnut St
1 Bedroom Apartments

4357 N Chestnut St

4357 N Chestnut StColorado Springs, CO 80907

Ute Valley Park, Colorado Springs, CO Local Guide

Cheapest Available Ute Valley Park Apartments for Rent

 

The cheapest available apartment rental in the Ute Valley Park area of Colorado Springs, CO is a 1 Bed unit found at Chestnut Hills priced from $869. Chestnut Springs Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Ute Valley Park apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Chestnut Hills1 Bedroom1BR,1BA$869
Chestnut Springs Apartments1BR/1BA - A11BR,1BA$899
Flats at Pinecliff1x1 jr - Classic1BR,1BA$947

Best Value Apartments for Rent in Ute Valley Park, CO

As of November 16, 2025 the best value apartment in the Ute Valley Park area is the $1.19 price per square foot 2 Bed Townhome Model at 6970 Peyote Way in the in the Pine Cliff neighborhood starting from $1,306. The second greatest value Ute Valley Park apartment is the Blue Flax Model at Whispering Hills starting at $1,560 with a $1.60 price per square foot in the Rockrimmon neighborhood. Here is today’s list of the best values for Ute Valley Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6970 Peyote Way2 Bed Townhome2BR,1.5BA$1.19
Whispering HillsBlue Flax2BR,2BA$1.60
Shadow Mountain ApartmentsThe Range - Market Rate2BR,2BA$1.81
4311 Edwinstowe Ave, Unit Furnished Apartment4311 Edwinstowe Ave1BR,1BA$1.75
Eagle RidgeFalcons Nest Foxs Den1BR,1BA$1.46
Grand Centennial ApartmentsA1 (Eagles Nest)1BR,1BA$1.77
University Village ApartmentsSummit Peak1BR,1BA$1.68
Lion Village Student HousingLongs Peak2BR,2BA$1.50
Chestnut Hills1 Bedroom1BR,1BA$1.66
Chestnut Springs Apartments1BR/1BA - A11BR,1BA$1.74

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

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
Ute Valley Park, Colorado Springs, CO

Ranked #57

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Ute Valley Park, Colorado Springs, and the greater Colorado Springs area. 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 the best outdoor access, luxury amenities, family-friendly amenities, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Ute Valley Park Neighborhood in Colorado Springs, CO

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Ute Valley Park Apartments

What is a cheap apartment in Ute Valley Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ute Valley Park is under $1,306.

What is the price of a cheap apartment in Ute Valley Park?

The cheapest apartment in Ute Valley Park is Chestnut Hills which is listed at $869, while the average apartment in Ute Valley Park costs $1,650.

What types of apartments are the cheapest in Ute Valley Park?

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 55 regular apartments in Ute Valley Park 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 Ute Valley Park?

Cheap apartments in Ute Valley Park have an average cost of $712 which is $938 cheaper than the average rent for all rentals in Ute Valley Park.

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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.