Cheap Apartments for Rent in El Paso County, CO from $400 (426 Rentals)

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Search the lowest-cost Apartments available for rent right now in El Paso County.

property at 6435 Chantilly Pl

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

6435 Chantilly Pl

Colorado SpringsCO80922
property at 2119 W Colorado Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

Studio, 1 Bath Home for Rent

Available Now

2119 W Colorado Ave

Colorado SpringsCO80904

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Garrison Edge
$774 - $1,349
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$774 - $1,349

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Garrison Edge

1026 Rice DrColorado Springs, CO 80905
Affordability
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property at 225 E Brookside St

$795 - $1,015

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 To 2 Bedroom Rentals

Available Now

225 E Brookside St

Colorado SpringsCO80905
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Fir Tree
Rent Specials
$799 - $1,149
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,149

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Contact Us For Availability

Fir Tree

3835 Radiant DrColorado Springs, CO 80917
Affordability
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  • Utilities Included
  • Low Income
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Orchid Flats
Rent Specials
$799 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,450

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Orchid Flats

3005 Galley RdColorado Springs, CO 80909
Affordability
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The Montelena
Rent Specials
$799 - $1,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$799 - $1,400

Total Monthly Price
$799 - $1,400
Studio to 2 Bedroom Apartments Available Now

The Montelena

2409 E Pikes Peak AveColorado Springs, CO 80909
Affordability
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  • Utilities Included
  • Smoke Free

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Peak View
$818 - $1,018
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$795 - $995
Required Monthly Fees
Varies

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Peak View

1205 S Chelton RdColorado Springs, CO 80910
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Ascent Apartments
Rent Specials
$833 - $1,399
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$833 - $1,399

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Ascent Apartments

1030 S Chelton RdColorado Springs, CO 80910
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Lookout at Broadmoor
Rent Specials
$835 - $1,485
Total Monthly Price

Total Monthly Price

Base Rent
$835 - $1,485

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lookout at Broadmoor

810-816 Oxford LnColorado Springs, CO 80905
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Incline Apartments
Rent Specials
$838 - $1,329
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$835 - $1,326
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Incline Apartments

3125 S Sinton RdColorado Springs, CO 80907
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Airlan Arms
Rent Specials
$839 - $1,169
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$833 - $1,163
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Airlan Arms

1930 E La Salle StColorado Springs, CO 80909
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property at 335 Ruskin Dr

$845

Total Monthly Price

Total Monthly Price

Base Rent
$845

Total Monthly Price
$845

2 Bedroom, 1 Bath Home for Rent

Available Now

335 Ruskin Dr

Colorado SpringsCO80910
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Wind River Place
$849 - $1,021
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,021

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Wind River Place

919 N 19th StColorado Springs, CO 80904
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Oakridge on the Green
Rent Specials
$851 - $1,760
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$840 - $1,749
Required Monthly Fees
$11

Total Monthly Price
$851 - $1,760
1 to 2 Bedroom Apartments Available Now

Oakridge on the Green

801-809 S Circle DrColorado Springs, CO 80910
Affordability
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property at 3960 Galley Rd

$854

Total Monthly Price

Total Monthly Price

Base Rent
$854

Total Monthly Price
$854

1 Bedroom, 1 Bath Home for Rent

Available Now

3960 Galley Rd

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 4410 E Pikes Peak Ave

$855

Total Monthly Price

Total Monthly Price

Base Rent
$855

Total Monthly Price
$855

1 Bedroom, 1 Bath Home for Rent

Available Now

4410 E Pikes Peak Ave

Colorado SpringsCO80916
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8659 Chancellor Dr
$865 - $950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$865 - $950

Total Monthly Price
$865 - $950
1 Bedroom Apartment Available Now

8659 Chancellor Dr

8659 Chancellor DrColorado Springs, CO 80920
Affordability
  • Smoke Free
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Emory
Rent Specials
$878 - $902
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875 - $899
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Emory

930-940 N Murray BlvdColorado Springs, CO 80915
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Chestnut Springs
$894 - $1,124
Total Monthly Price

Total Monthly Price

Base Rent
$894 - $1,124

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Chestnut Springs

4331 N Chestnut StColorado Springs, CO 80907
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Aspire Colorado Springs
$894 - $1,262
Total Monthly Price

Total Monthly Price

Base Rent
$870 - $1,238
Required Monthly Fees
$24

Total Monthly Price
$894 - $1,262
1 to 2 Bedroom Apartments Available Now

Aspire Colorado Springs

620 N Murray BlvdColorado Springs, CO 80915
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property at 2127 Preuss Rd

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

2127 Preuss Rd

Colorado SpringsCO80910

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.

Cheapest Available El Paso County Apartments for Rent

 

The cheapest available apartment rental in El Paso County, CO is a 2 Beds unit found at Bentley Commons in the Deerfield Hills neighborhood priced from $588. 11 West | Student Housing in the Venetian Village neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $599. Here is today’s list of the most affordable El Paso County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bentley CommonsOne Bedroom2BR,1BA$588
11 West | Student HousingThree Bedroom3BR,3BA$599
Pinewood Apartments520 - 1 Bedroom 1 Bath1BR,1BA$695
Park at Penrose Apartments1X1 (50 AMI)1BR,1BA$732
Newport SquareA11BR,1BA$732
Panorama Heights3 Bedroom A3BR,2BA$747
Kalo Four SeasonsKaloSolo1BR,1BA$749
Kalo LelarayKaloSolo1BR,1BA$750
Garrison EdgeS1Studio,1BA$774
Kalo SpringsKaloSolo1BR,1BA$775

Best Value Apartments for Rent in El Paso County, CO

As of August 11, 2026 the best value apartment in the El Paso County area is the $0.68 price per square foot Two Bedroom Model at 11 West | Student Housing in the in the Venetian Village neighborhood starting from $699. The second greatest value El Paso County apartment is the 1 Bed 1 Bath Model at Regal Estates starting at $859 with a $0.86 price per square foot in the Eastborough neighborhood. Here is today’s list of the best values for El Paso County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
11 West | Student HousingTwo Bedroom2BR,2BA$0.68
Regal Estates1 Bed 1 Bath1BR,1BA$0.86
Kalo Gateway ParkKaloDuo2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Aspen Bluff2x1.52BR,1.5BA$1.16
Orchid FlatsB12BR,1BA$1.06
2127 Preuss Rd2 Beds, 1 Baths2BR,1BA$1.13
335 Ruskin Dr2 Beds, 1 Baths2BR,1BA$1.11
2610 King St2 Beds, 1 Baths2BR,1BA$1.17
Homewood Point Apartments1BR/1.0BA1BR,1BA$1.14

Frequently Asked Questions about Cheap El Paso County Apartments

What is a cheap apartment in El Paso County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in El Paso County is under $775.

What is the price of a cheap apartment in El Paso County?

The cheapest apartment in El Paso County is Pinewood Apartments which is listed at $695, while the average apartment in El Paso County costs $1,654.

What types of apartments are the cheapest in El Paso County?

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 155 regular apartments in El Paso County 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 El Paso County?

Cheap apartments in El Paso County have an average cost of $137 which is $1,517 cheaper than the average rent for all rentals in El Paso County.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.