
Cheap Apartments for Rent in El Paso County, CO from $400 (380 Rentals)
Search the lowest-cost Apartments available for rent right now in El Paso County.


11 West | Student Housing

2423 E St Vrain St, Unit #3

6435 Chantilly Pl, Unit Chantilly

Pinewood Apartments

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Park at Penrose Apartments

Panorama Heights

6435 Chantilly Pl

4470 E Pikes Peak Ave

4490 E Pikes Peak Ave
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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Airlan Arms

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Park at Palmer Apartments

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1075 Magnolia St, Unit 1

225 E Brookside St

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Fir Tree

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Orchid Flats

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Pikes Place on San Miguel

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Pine Crest

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Arbor Pointe Apartments

The Lofts at Rock Vue
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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1204 Fagin Dr, Unit Private Room

2119 W Colorado Ave

942 E Las Animas St, Unit Cabin

Regal Estates

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Peak View

Sedona Ridge Apartments

The Haven at Academy

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Garrison Edge

Alta Apartments

3022 W Bijou St, Unit E2
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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Autumn Lane Apartments

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1075 Magnolia St, Unit 3

325 May Dr

Rosewood Apartments

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Chestnut Springs

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Lincoln Springs

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The Montelena

Garden Pines

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Newport Square (OLD)

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Wind River Place
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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Gardens at Hidden Creek Apartments

Applewood Apartments

Courtyard Apartments

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Oakridge on the Green

4410 E Pikes Peak Ave

Ascent Apartments

3960 Galley Rd

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8659 Chancellor Dr

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Incline Apartments

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Marmont Springs Apartments
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.
El Paso County, CO Local Guide

How much does it cost to rent an apartment in El Paso County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| El Paso County Studio Apartments | $1,274 | $760 | $2,800 |
| El Paso County 1 Bedroom Apartments | $1,459 | $599 | $5,025 |
| El Paso County 2 Bedroom Apartments | $1,797 | $588 | $6,239 |
| El Paso County 3 Bedroom Apartments | $2,311 | $525 | $10,000+ |
| El Paso County 4 Bedroom Apartments | $2,843 | $499 | $3,800 |
Browse Apartments in El Paso County
See all Apartments in El PasoExplore El Paso County
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bentley Commons | One Bedroom | 2BR,1BA | $588 |
| 11 West | Student Housing | Three Bedroom | 3BR,3BA | $599 |
| Pinewood Apartments | 520 - 1 Bedroom 1 Bath | 1BR,1BA | $695 |
| Park at Penrose Apartments | 1X1 (50 AMI) | 1BR,1BA | $706 |
| 902 Teal Ct | 2 Beds, 1 Baths | 2BR,1BA | $714 |
| Panorama Heights | 3 Bedroom A | 3BR,2BA | $747 |
| Kalo Four Seasons | KaloSolo | 1BR,1BA | $749 |
| Kalo Lelaray | KaloSolo | 1BR,1BA | $750 |
| 2909 Sage St | 2 Beds, 1 Baths | 2BR,1BA | $768 |
| Airlan Arms | Studio | Studio,1BA | $779 |
Best Value Apartments for Rent in El Paso County, CO
As of June 25, 2026 the best value apartment in the El Paso County area is the $1.10 price per square foot 3/2 Model at The Creek at Cottonwood in the in the Stetson Run neighborhood starting from $1,523. The second greatest value El Paso County apartment is the Two Bedroom Model at 11 West | Student Housing starting at $699 with a $0.68 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Creek at Cottonwood | 3/2 | 3BR,2BA | $1.10 |
| 11 West | Student Housing | Two Bedroom | 2BR,2BA | $0.68 |
| Regal Estates | 1 Bed 1 Bath | 1BR,1BA | $0.86 |
| 1204 Fagin Dr, Unit Private Room | 1204 Fagin Dr | 1BR,1BA | $0.89 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Greentree Village | 2x1B | 2BR,1BA | $1.11 |
| Lookout on Cragmor | Student Housing | B1 | 2 Bedroom | 2BR,2BA | $0.95 |
| Hyde Park North | St. James | 2BR,1BA | $1.08 |
| 2909 Sage St | 2 Beds, 1 Baths | 2BR,1BA | $1.11 |
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 $779.
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 $2,913.
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 170 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 $182 which is $2,731 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

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.

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.

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.

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.