
Cheap Apartments for Rent in the Village Seven Neighborhood of Colorado Springs, CO from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Village Seven area of Colorado Springs.


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Park at Penrose Apartments

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Fir Tree

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Newport Square

Beverly Place

Total Monthly Price
Park at Palmer Apartments

Greentree Village
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Kingsborough Apartments

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Montebello Gardens

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The Haven at Academy

Kalo Village Seven

Austin Park

Park Ridge Apartments

3872 Constitution Ave
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Village Seven, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Village Seven?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Village Seven 1 Bedroom Apartments | $1,321 | $771 | $4,626 |
| Village Seven 2 Bedroom Apartments | $1,376 | $999 | $2,093 |
| Village Seven 3 Bedroom Apartments | $1,994 | $1,650 | $2,092 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Village Seven Neighborhood of Colorado Springs, CO.
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Village Seven, Colorado Springs, CO Local Guide
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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 $771. Fir Tree has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Village Seven apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park at Penrose Apartments | 1x1 | 1BR,1BA | $771 |
| Fir Tree | A2 | 1BR,1BA | $799 |
| Newport Square | A1 | 1BR,1BA | $849 |
| Kalo Village Seven | KaloSolo | 1BR,1BA | $850 |
| Park at Palmer Apartments | 1x1 | 1BR,1BA | $907 |
Best Value Apartments for Rent in Village Seven, CO
As of February 20, 2026 the best value apartment in the Village Seven area is the $1.41 price per square foot Windsor Model at Crowne at Rio Vista in the in the Stetson Run neighborhood starting from $1,962. The second greatest value Village Seven apartment is the 2x1B Model at Greentree Village starting at $1,079 with a $1.20 price per square foot in the Stetson Run neighborhood. Here is today’s list of the best values for Village Seven apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crowne at Rio Vista | Windsor | 3BR,2BA | $1.41 |
| Greentree Village | 2x1B | 2BR,1BA | $1.20 |
| The Haven at Academy | The Oasis | 2BR,2BA | $1.74 |
| Fir Tree | B1 | 2BR,1BA | $1.53 |
| Montebello Gardens | 11AR | 1BR,1BA | $1.85 |
| Kingsborough Apartments | 1X1 | 1BR,1BA | $1.71 |
| Park at Palmer Apartments | 1x1 | 1BR,1BA | $1.62 |
| Kalo Village Seven | KaloSolo-Premium | 1BR,1BA | $1.61 |
| Newport Square | A2 | 1BR,1BA | $1.66 |
| Park at Penrose Apartments | 1x1 | 1BR,1BA | $1.68 |
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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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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.
Best Local Schools in Village Seven, Colorado Springs, CO
Penrose Elementary School
School data provided by Great Schools
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 $771, while the average apartment in Village Seven costs $2,042.
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 20 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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.