Cheap Apartments for Rent in El Paso County, CO from $500 (408 Rentals)

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

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.

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 505 Cañon Ave

505 Cañon Ave

Manitou SpringsCO80829

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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. Panorama Heights in the Deerfield Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $633. 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
Panorama Heights1 Bedroom A1BR,1BA$633
11 West | Student HousingThree Bedroom3BR,3BA$650
Shooks Run1x1 40%1BR,1BA$768
Fairway Valley ApartmentsStudioStudio,1BA$775
Alta ApartmentsThe Alp - DesignerStudio,1BA$790
Urban Edge ApartmentsStudioStudio,1BA$795
Come Home to Willow Ridge!1BR/1.0BA1BR,1BA$795
Flower Hill Apartments1 Beds, 1 Baths1BR,1BA$799
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$799

Best Value Apartments for Rent in El Paso County, CO

As of July 24, 2025 the best value apartment in the El Paso County area is the $1.15 price per square foot Windsor- B Grade Model at Rampart View Apartments in the in the Norwood neighborhood starting from $1,480. The second greatest value El Paso County apartment is the 2x2 Model at The Creek at Cottonwood Apartment Homes starting at $1,229 with a $1.10 price per square foot in the Stetson Run 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.
Rampart View ApartmentsWindsor- B Grade2BR,2BA$1.15
The Creek at Cottonwood Apartment Homes2x22BR,2BA$1.10
11 West | Student HousingTwo Bedroom2BR,2BA$0.78
Regal Estates1 Bed 1 Bath1BR,1BA$0.85
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$1.00
Stone Canyon2BD, 1BTH2BR,1BA$1.12
Riverbend Apartments2 Beds, 1 Baths2BR,1BA$1.11
Shooks Run1x1 40%1BR,1BA$1.08
Homewood Point ApartmentsOne Bedroom1BR,1BA$1.01

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 $799.

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

The cheapest apartment in El Paso County is Panorama Heights which is listed at $633, while the average apartment in El Paso County costs $2,979.

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 250 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 $229 which is $2,750 cheaper than the average rent for all rentals in El Paso County.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.