
Cheap Apartments for Rent in Hugo, CO from $900 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Hugo.


Traditions at Colorado Springs

Copper Range

Smokey Trail Village

The Creek at Cottonwood

Copper Rose

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Western Hills

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Alpine Vista
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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Cottages at Woodmen Heights

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Residences at Falcon North

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Vue 21

Constitution Square Apartments

Lodge at Black Forest

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The Madison at Stetson Hills

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First and Main Apartments

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Lark on Woodmen
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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Estate at Woodmen Ridge

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Cortland Powers North

Stetson Ridge

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Crowne at Rio Vista

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The Taylor at Greenway

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Crowne at Briargate

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Aura Crossroads

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The Baldwin Modern Apartments
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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Apex

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Solace at the Ranch

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Solace at Cimarron Hills Apartments

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Stone Mesa Luxury Flats

429 Grantham Ave

428 Smokey Ave

Creekside at Norwood

615 Co Rd 45
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.

427 Grantham AvenueA

La Bella Vita

1384 Flintwood Rd
Hugo, CO Local Guide

How much does it cost to rent an apartment in Hugo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hugo Studio Apartments | $1,345 | $956 | $1,905 |
| Hugo 1 Bedroom Apartments | $1,614 | $950 | $6,229 |
| Hugo 2 Bedroom Apartments | $1,950 | $1,172 | $6,104 |
| Hugo 3 Bedroom Apartments | $2,422 | $1,380 | $3,102 |
| Hugo 4 Bedroom Apartments | $2,782 | $1,789 | $3,352 |
Browse Top Apartments in Hugo
See all Apartments in HugoExplore Hugo
Hugo, CO Local Guide
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Cheapest Available Hugo Apartments for Rent and Nearby
 The cheapest available apartment rental in Hugo, CO is a 1 Bed unit found at Village East Apartments in the Rustic Hills neighborhood priced from $950. Smokey Trail Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,180. Here is today’s list of the most affordable Hugo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village East Apartments | 1x1 Classic | 1BR,1BA | $950 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1,180 |
| Western Hills | A1R | 1BR,1BA | $1,183 |
| Cottages at Woodmen Heights | 0x1 - 360 sqft - S1 | Studio,1BA | $1,220 |
| Alpine Vista | 1B | 1BR,1BA | $1,231 |
| The Creek at Cottonwood | 2/2 | 2BR,2BA | $1,329 |
| Residences at Falcon North | The Talbot | 1BR,1BA | $1,347 |
| Vue 21 | Palisade | 1BR,1BA | $1,380 |
| Lodge at Black Forest | Solo | 1BR,1BA | $1,400 |
| The Madison at Stetson Hills | A1 | 1BR,1BA | $1,404 |
Best Value Apartments for Rent in Hugo, CO and Nearby
As of June 01, 2026 the best value apartment in the Hugo area is the $1.77 price per square foot Hamilton Model at The Citizen on Constitution in the in the Stetson Run neighborhood starting from $2,442. The second greatest value Hugo apartment is the 3/2.00 60 Model at Constitution Square Apartments starting at $1,696 with a $1.34 price per square foot in the Stetson Run neighborhood. Here is today’s list of the best values for Hugo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Citizen on Constitution | Hamilton | 3BR,2BA | $1.77 |
| Constitution Square Apartments | 3/2.00 60 | 3BR,2BA | $1.34 |
| The Creek at Cottonwood | 2/2 | 2BR,2BA | $1.19 |
| La Bella Vita | Torino | 1BR,1BA | $1.78 |
| Lodge at Black Forest | Element | 1BR,1BA | $1.67 |
| Copper Rose | Two Bedroom | 2BR,2BA | $1.61 |
| First and Main Apartments | A2 (Urban) | 1BR,1BA | $1.74 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1.48 |
| Western Hills | A1R | 1BR,1BA | $1.77 |
| Village East Apartments | 1x1 Classic | 1BR,1BA | $1.56 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hugo, CO Rentals by Map
See the most popular apartments and homes in Hugo, CO
Frequently Asked Questions about Cheap Hugo Apartments
What is the Cheapest Studio apartment in Hugo?
Currently the most affordable Cheap Studio Apartment in Hugo is at Cottages at Woodmen Heights listed at $1,220.
How much is rent for a Cheap One Bedroom Hugo Apartment?
The lowest price for a Cheap One Bedroom Hugo Apartment is $950 at Village East Apartments.
What is the lowest price for a Cheap Two Bedroom Hugo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hugo is starting from $1,180 at Smokey Trail Village.
What is the most affordable Hugo Three Bedroom Apartment?
The best deal on a cheap Hugo Three Bedroom Apartment rental is at Smokey Trail Village and starts from $1,550.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.