
Cheap Homes for Rent near Hugo, CO from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Hugo.


428 Smokey Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

427 Grantham AvenueA

464 2nd Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Hugo, CO Local Guide

How much does it cost to rent a home in Hugo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hugo 2 Bedroom Homes for Rent | $1,718 | $900 | $2,650 |
| Hugo 3 Bedroom Homes for Rent | $2,463 | $1,550 | $3,450 |
| Hugo 4 Bedroom Homes for Rent | $2,903 | $2,440 | $3,995 |
| Hugo 5 Bedroom Homes for Rent | $3,395 | $3,295 | $3,495 |
| Hugo 6 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Browse Top Homes for Rent in Hugo
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Hugo, CO Local Guide
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Best Value Apartments for Rent in Hugo, CO and Nearby
As of July 30, 2026 the best value apartment in the Hugo area is the $1.65 price per square foot 3BR Vista Model at Avanterra Black Forest in the in the Stetson Run neighborhood starting from $2,552. The second greatest value Hugo apartment is the Genoa Model at La Bella Vita starting at $2,090 with a $1.64 price per square foot in the Woodmen Hills 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. |
|---|---|---|---|
| Avanterra Black Forest | 3BR Vista | 3BR,2.5BA | $1.65 |
| La Bella Vita | Genoa | 2BR,2BA | $1.64 |
| First and Main Apartments | B2 (Impulse) | 2BR,2BA | $1.47 |
| Estate at Woodmen Ridge | Sierra | 2BR,2BA | $1.57 |
| Alpine Vista | 2B | 2BR,2BA | $1.44 |
| Constitution Square Apartments | 2/1.00 | 2BR,1BA | $1.65 |
| Lodge at Black Forest | Element | 1BR,1BA | $1.68 |
| Copper Range | Stonebrook B | 2BR,1BA | $1.68 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1.48 |
| Copper Rose | One Bedroom | 1BR,1BA | $1.68 |
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.
Read ArticleQuick Rent Budget Calculator
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 Hugo
What type of rentals are currently available in Hugo?
There are currently 40 Apartments for Rent in Hugo, CO with pricing that ranges from $950 to $5,442. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hugo ranging from $900 to $6,500.
What is the current price range for Rental Homes in Hugo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hugo ranges from $900 to $6,500 with an average monthly rent of $3,395.
How much are larger Three and Four Bedroom Rentals in Hugo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hugo range from $1,380 to $3,102, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,450. Four Bedroom Single-Family rentals are also available starting from $2,440 and Four Bedroom Apartments start at $1,858.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.