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

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

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 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 4470 E Pikes Peak Ave

$760 - $855

Total Monthly Price

Total Monthly Price

Base Rent
$760

Total Monthly Price
$760

Studio To 1 Bedroom Rentals

Available Now

4470 E Pikes Peak Ave

Colorado SpringsCO80916
property at 4450 E Pikes Peak Ave

$760

Total Monthly Price

Total Monthly Price

Base Rent
$760

Total Monthly Price
$760

Studio Rentals

Available Now

4450 E Pikes Peak Ave

Colorado SpringsCO80916
property at 4440 E Pikes Peak Ave

$760

Total Monthly Price

Total Monthly Price

Base Rent
$760

Total Monthly Price
$760

Studio Rentals

Available Now

4440 E Pikes Peak Ave

Colorado SpringsCO80916
property at 4490 E Pikes Peak Ave

$760

Total Monthly Price

Total Monthly Price

Base Rent
$760

Total Monthly Price
$760

Studio Rentals

Available Now

4490 E Pikes Peak Ave

Colorado SpringsCO80916
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Pine Crest
$799 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,500

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Pine Crest

3734 E La Salle StColorado Springs, CO 80909
Furnished
  • 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.

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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
  • Verified
  • Utilities Included
  • Low Income
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Arbor Pointe Apartments
$799 - $959
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$799 - $959

Total Monthly Price
$799 - $959
1 to 2 Bedroom Apartments Available Now

Arbor Pointe Apartments

2475-2503 Hancock ExpyColorado Springs, CO 80910
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Fountain Oaks Apartments
$812 - $1,090
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$772 - $1,050
Required Monthly Fees
$40

Total Monthly Price
$812 - $1,090
Studio to 2 Bedroom Apartments Contact Us For Availability

Fountain Oaks Apartments

2610-2614 E Fountain BlvdColorado Springs, CO 80910
Affordability
  • Verified
  • Low Income
  • 3D Tour
property at 3960 Galley Rd

$824

Total Monthly Price

Total Monthly Price

Base Rent
$824

Total Monthly Price
$824

1 Bedroom, 1 Bath Home for Rent

Available Now

3960 Galley Rd

Colorado SpringsCO80909

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.

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Autumn Lane Apartments
Rent Specials
$830 - $1,335
Total Monthly Price

Total Monthly Price

Base Rent
$820 - $1,325
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Autumn Lane Apartments

2910-2920 E Bijou StColorado Springs, CO 80909
Affordability
  • Verified
  • 3D Tour
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Oakridge on the Green
Rent Specials
$841 - $1,714
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$830 - $1,703
Required Monthly Fees
$11

Total Monthly Price
$841 - $1,714
1 to 2 Bedroom Apartments Available Now

Oakridge on the Green

801-809 S Circle DrColorado Springs, CO 80910
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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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 May 19

Newport Square

3780 Rebecca LnColorado Springs, CO 80917
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Lincoln Springs
$849 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,350

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Lincoln Springs

1170 S Chelton RdColorado Springs, CO 80910
Military
  • Verified
  • Customer Reviewed
  • 3D Tour
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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
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 4480 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

4480 E Pikes Peak Ave

Colorado SpringsCO80916
property at 4410 E Pikes Peak Ave

$855

Total Monthly Price

Total Monthly Price

Base Rent
$855

Total Monthly Price
$855

1 Bedroom Rentals

Available May 14

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
property at 214 S Wahsatch Ave

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

Studio, 1 Bath Home for Rent

Available Now

214 S Wahsatch Ave

Colorado SpringsCO80903
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Aspire Palmer Park
Rent Specials
$883 - $1,490
Total Monthly Price

Total Monthly Price

Base Rent
$860 - $1,467
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available May 25

Aspire Palmer Park

1304 E San Miguel StColorado Springs, CO 80909
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Cheapest Available El Paso County Apartments for Rent

 

The cheapest available apartment rental in El Paso County, CO is a 1 Bed unit found at Cottages at Aero Park in the Deerfield Hills neighborhood priced from $35. Bentley Commons in the Deerfield Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $588. Here is today’s list of the most affordable El Paso County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottages at Aero Park1x1 - 624 sqft - A41BR,1BA$35
Bentley CommonsOne Bedroom2BR,1BA$588
11 West | Student HousingThree Bedroom3BR,3BA$599
Pinewood Apartments520 - 1 Bedroom 1 Bath1BR,1BA$695
Southgate Commons1 Bedroom - No Balcony1BR,1BA$729
Airlan ArmsStudioStudio,1BA$743
The MontelenaStudioStudio,1BA$749
Kalo Four SeasonsKaloSolo1BR,1BA$749
Summit Creek ApartmentsStudio ApartmentStudio,1BA$750
Park at Penrose Apartments1X1 (80 AMI)1BR,1BA$771

Best Value Apartments for Rent in El Paso County, CO

As of May 03, 2026 the best value apartment in the El Paso County area is the $1.02 price per square foot 2 Bedroom 1 Bath Model at Aspen Townhomes in the in the Eastborough neighborhood starting from $1,399. The second greatest value El Paso County apartment is the Two Bedroom Model at 11 West | Student Housing starting at $769 with a $0.75 price per square foot in the Venetian Village 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.
Aspen Townhomes2 Bedroom 1 Bath2BR,1BA$1.02
11 West | Student HousingTwo Bedroom2BR,2BA$0.75
Shadow Wood ChaletB12BR,1BA$1.00
Regal Estates1 Bed 1 Bath1BR,1BA$0.96
The Park at Whispering Pines2/1.52BR,1.5BA$1.13
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Riverbend Apartments2x1 LVT2BR,1BA$0.99
Hyde Park NorthSt. James2BR,1BA$1.06
Cottages at Aero Park1x1 - 624 sqft - A41BR,1BA$0.06

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 $771.

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

The cheapest apartment in El Paso County is Cottages at Aero Park which is listed at $35, while the average apartment in El Paso County costs $2,779.

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 325 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 $195 which is $2,584 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

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

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

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