Cheap Homes for Rent in El Paso County, CO from $500 (71 Rentals)

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

property at 1630 Shasta Dr

1630 Shasta Dr, Unit 4

1630 Shasta Dr
Colorado SpringsCO80910

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.

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property at 1997 Traces Ln

1997 Traces Ln, Unit B

1997 Traces Ln
Colorado SpringsCO80951
property at 6930 Cotton Dr

6930 Cotton Dr

Colorado SpringsCO80923
property at 5413 Marabou Way

5413 Marabou Way

Colorado SpringsCO80911
property at 2467 Dorset Dr

2467 Dorset Dr

Colorado SpringsCO80910

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.

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property at 4818 Hobkirks Pt

4818 Hobkirks Pt

Colorado SpringsCO80906

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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
411 South Santa Fe Avenue1 X 11BR,1BA$700
Pebble CreekS1Studio,1BA$749
11 West | Student HousingThree Bedroom3BR,3BA$749
Alta ApartmentsThe Alp - DesignerStudio,1BA$765
Shooks Run1x1 40%1BR,1BA$768
Fairway Valley ApartmentsStudioStudio,1BA$775
Traditions at Colorado SpringsStudioStudio,1BA$794

Best Value Apartments for Rent in El Paso County, CO

As of May 29, 2025 the best value apartment in the El Paso County area is the $1.10 price per square foot 2x2 Model at The Creek at Cottonwood Apartment Homes in the in the Stetson Run neighborhood starting from $1,229. The second greatest value El Paso County apartment is the 3 Beds, 1 Baths Model at Foothills West Apartments starting at $1,250 with a $1.16 price per square foot in the Kissing Camels 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.
The Creek at Cottonwood Apartment Homes2x22BR,2BA$1.10
Foothills West Apartments3 Beds, 1 Baths3BR,1BA$1.16
11 West | Student HousingTwo Bedroom2BR,2BA$0.88
Regal Estates1 Bed 1 Bath1BR,1BA$0.85
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Riverbend Apartments2 Beds, 1 Baths2BR,1BA$1.11
4229 E Pikes Peak Ave, Unit B8A4229 E Pikes Peak AveStudio ,1BA$0.62
Shooks Run1x1 40%1BR,1BA$1.08
Homewood Point ApartmentsOne Bedroom1BR,1BA$1.01

Frequently Asked Questions about El Paso County

What type of rentals are currently available in El Paso County?

There are currently 1923 Apartments for Rent in El Paso County, CO with pricing that ranges from $500 to $8,167. There are also 777 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Paso County ranging from $589 to $4,995.

What is the current price range for Rental Homes in El Paso County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in El Paso County ranges from $589 to $4,995 with an average monthly rent of $2,260.

How much are larger Three and Four Bedroom Rentals in El Paso County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in El Paso County range from $749 to $8,167, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,719.

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.

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.