Cheap Homes for Rent in El Paso County, CO from $500 (137 Rentals)

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Search the lowest-cost Homes 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.

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property at 4818 Hobkirks Pt

4818 Hobkirks Pt

Colorado SpringsCO80906

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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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 1310 Columbia St

1310 Columbia St

Colorado SpringsCO80909

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
11 West | Student HousingThree Bedroom3BR,3BA$650
Arbor Pointe ApartmentsOne Bedroom1BR,1BA$739
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

Best Value Apartments for Rent in El Paso County, CO

As of July 29, 2025 the best value apartment in the El Paso County area is the $1.16 price per square foot 3 Bedroom 1.5 Bath Model at Aspen Townhomes in the in the Eastborough neighborhood starting from $1,975. The second greatest value El Paso County apartment is the 1620 Monterey Rd Model at 1620 Monterey Rd, Unit 201 starting at $1,850 with a $1.21 price per square foot in the Deerfield Hills 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 Townhomes3 Bedroom 1.5 Bath3BR,1.5BA$1.16
1620 Monterey Rd, Unit 2011620 Monterey Rd3BR,2BA$1.21
The Creek at Cottonwood Apartment Homes2x22BR,2BA$1.10
11 West | Student HousingTwo Bedroom2BR,2BA$0.78
Regal Estates1 Bed 1 Bath1BR,1BA$0.96
Esperanza Village Apartments3x13BR,1BA$1.21
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$1.00
Riverbend Apartments2 Beds, 1 Baths2BR,1BA$1.11
Shooks Run1x1 40%1BR,1BA$1.08

Frequently Asked Questions about El Paso County

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

There are currently 1942 Apartments for Rent in El Paso County, CO with pricing that ranges from $588 to $11,550. There are also 1167 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Paso County ranging from $500 to $5,500.

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 $500 to $5,500 with an average monthly rent of $2,110.

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 $650 to $11,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,500 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.

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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.

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.