Cheap Apartments for Rent in the Village Seven Neighborhood of Colorado Springs, CO from $700 (25 Rentals)

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

property at 4260 McPherson Ave

$597

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$597

Total Monthly Price
$597

1 Bedroom, 1 Bath Home for Rent

Available Now

4260 McPherson Ave, Unit 4

4260 McPherson Ave
Colorado SpringsCO80909
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Fir Tree
Rent Specials
$799 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,150

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Fir Tree

3835 Radiant DrColorado Springs, CO 80917
Affordability
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  • Utilities Included
  • Low Income
property at 2051 N Academy Blvd

$800

Total Monthly Price3 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

2051 N Academy Blvd, Unit Room 2

2051 N Academy Blvd
Colorado SpringsCO80909

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Newport Square
$849 - $1,149
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,149

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Newport Square

3780 Rebecca LnColorado Springs, CO 80917
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Kingsborough Apartments
Rent Specials
$1,025 - $1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,150

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Kingsborough Apartments

3817 S Village RdColorado Springs, CO 80917
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Montebello Gardens
$1,065 - $1,355
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,355

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Montebello Gardens

4414 Montebello DrColorado Springs, CO 80918
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 4615 Picturesque Ct

$1,195 - $1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom Rentals

Available Now

4615 Picturesque Ct

Colorado SpringsCO80917
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Crowne at Rio Vista
Rent Specials
$1,454 - $2,572
Total Monthly Price

Total Monthly Price

Base Rent
$1,414 - $2,532
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Jun 24

Crowne at Rio Vista

4090 Rio Vista DrColorado Springs, CO 80917
Affordability
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  • Customer Reviewed
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Cortland Powers North
Rent Specials
$1,513 - $6,229
Total Monthly Price

Total Monthly Price

Base Rent
$1,498 - $6,214
Required Monthly Fees
$15

Total Monthly Price
$1,513 - $6,229
1 to 2 Bedroom Apartments Available Now

Cortland Powers North

5850 Welkin CirColorado Springs, CO 80917
Corporate Housing
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  • Customer Reviewed
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Kalo Village Seven
Studio to 2 Bedroom Apartments

Kalo Village Seven

3807 Half Turn RdColorado Springs, CO 80917
Corporate Housing
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Austin Park
1 to 2 Bedroom Apartments

Austin Park

3940 Harmony DrColorado Springs, CO 80917

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Park Ridge Apartments
1 to 2 Bedroom Apartments

Park Ridge Apartments

2602 W Serendipity Cir WColorado Springs, CO 80917
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Heatherwood Club
1 to 2 Bedroom Apartments

Heatherwood Club

3741 Oro Blanco DrColorado Springs, CO 80917
  • Utilities Included
property at 4385 Oro Blanco Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

4385 Oro Blanco Dr

Colorado SpringsCO80917
property at 4319 N Carefree Cir

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 1.5 Bath Townhome for Rent

Available Jul 5

4319 N Carefree Cir

Colorado SpringsCO80917

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.

property at 4560 Excalibur Ct

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 2 Bath Townhome for Rent

Available Now

4560 Excalibur Ct

Colorado SpringsCO80917

Village Seven, Colorado Springs, CO Local Guide

Cheapest Available Village Seven Apartments for Rent

 

The cheapest available apartment rental in the Village Seven area of Colorado Springs, CO is a 1 Bed unit found at Park at Penrose Apartments priced from $706. Park at Palmer Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $782. Here are the most affordable Village Seven apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Park at Penrose Apartments1X1 (50 AMI)1BR,1BA$706
Park at Palmer Apartments1x11BR,1BA$782
Fir TreeA21BR,1BA$799
The Haven at AcademyStudioStudio,1BA$820
Newport SquareA11BR,1BA$849

Best Value Apartments for Rent in Village Seven, CO

As of June 17, 2026 the best value apartment in the Village Seven area is the $1.82 price per square foot 30010c2 Model at Carefree Village Townhomes in the in the Stetson Run neighborhood starting from $2,053. The second greatest value Village Seven apartment is the 2x1B Model at Greentree Village starting at $999 with a $1.11 price per square foot in the Knob Hill neighborhood. Here is today’s list of the best values for Village Seven apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carefree Village Townhomes30010c23BR,2BA$1.82
Greentree Village2x1B2BR,1BA$1.11
The Haven at AcademyThe Oasis2BR,2BA$1.74
4715 Scenic Cir, Unit #4- 4715 Scenic Circle4715 Scenic Cir2BR,1BA$1.60
Fir TreeB12BR,1BA$1.53
Montebello Gardens11B1BR,1BA$1.64
Kingsborough Apartments1X11BR,1BA$1.71
Park at Palmer Apartments1x11BR,1BA$1.40
Newport SquareA21BR,1BA$1.66
Park at Penrose Apartments1x11BR,1BA$1.67

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Colorado Springs. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Village Seven Apartments

What is the price of a cheap apartment in Village Seven?

The cheapest apartment in Village Seven is Park at Penrose Apartments which is listed at $706, while the average apartment in Village Seven costs $2,108.

What types of apartments are the cheapest in Village Seven?

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 23 regular apartments in Village Seven that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.