Cheap Homes for Rent in Village Seven Neighborhood of Colorado Springs, CO from $500 (6 Rentals)

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

property at 4260 McPherson Ave

$596 - $690

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$596 - $690

Total Monthly Price
$596 - $690

1 Bedroom, 1 Bath Home for Rent

Available Now

4260 McPherson Ave

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.

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 5032 Rainbow Harbour Cir

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Townhome for Rent

Available Now

5032 Rainbow Harbour Cir

Colorado SpringsCO80917
property at 4205 N Carefree Cir

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Condo for Rent

Available Jun 1

4205 N Carefree Cir

Colorado SpringsCO80917

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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 $771. Kalo Village Seven has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Village Seven apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Park at Penrose Apartments1X1 (80 AMI)1BR,1BA$771
Kalo Village SevenKaloSolo-Premium1BR,1BA$775
Fir TreeA21BR,1BA$799

Best Value Apartments for Rent in Village Seven, CO

As of April 24, 2026 the best value apartment in the Village Seven area is the $1.16 price per square foot 2x1A Model at Greentree Village in the in the Knob Hill neighborhood starting from $999. The second greatest value Village Seven apartment is the A4 Mt Evans Model at Cortland Powers North II starting at $1,736 with a $2.21 price per square foot in the Norwood 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.
Greentree Village2x1A2BR,1BA$1.16
Cortland Powers North IIA4 Mt Evans1BR,1BA$2.21
The Haven at AcademyThe Oasis2BR,2BA$1.74
4715 Scenic Cir, Unit #3 - 4715 Scenic Circle4715 Scenic Cir2BR,1BA$1.60
Fir TreeB12BR,1BA$1.53
Kalo Village SevenKaloDuo-Premium2BR,1BA$1.73
Montebello Gardens11BR1BR,1BA$1.77
Kingsborough Apartments1X11BR,1BA$1.71
Park at Palmer Apartments1x11BR,1BA$1.70
Park at Penrose Apartments1x11BR,1BA$1.89

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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

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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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Frequently Asked Questions about Village Seven

What type of rentals are currently available in Village Seven?

There are currently 59 Apartments for Rent in Village Seven, CO with pricing that ranges from $771 to $6,229. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Village Seven ranging from $596 to $3,500.

What is the current price range for Rental Homes in Village Seven?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Village Seven ranges from $596 to $3,500 with an average monthly rent of $1,974.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.