
Cheap Homes for Rent near Hugo, CO from $735 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Hugo.


429 Grantham Ave
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428 Smokey Ave

427 Grantham AvenueA
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13944 Zan Ln
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 | $1,408 | $900 | $2,200 |
| Hugo 3 Bedroom Homes for Rent | $2,319 | $1,550 | $3,000 |
| Hugo 4 Bedroom Homes for Rent | $2,866 | $2,350 | $3,200 |
| Hugo 5 Bedroom Homes for Rent | $2,802 | $2,600 | $3,350 |
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Explore 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. Constitution Square Apartments in the Stetson Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,174. 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 |
| Constitution Square Apartments | 1/1.00-LG 60 | 1BR,1BA | $1,174 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1,180 |
Best Value Apartments for Rent in Hugo, CO and Nearby
As of September 13, 2026 the best value apartment in the Hugo area is the $1.10 price per square foot 3/2 Model at The Creek at Cottonwood in the in the Stetson Run neighborhood starting from $1,523. The second greatest value Hugo apartment is the Sierra Model at Estate at Woodmen Ridge starting at $1,979 with a $1.73 price per square foot in the Norwood 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 Creek at Cottonwood | 3/2 | 3BR,2BA | $1.10 |
| Estate at Woodmen Ridge | Sierra | 2BR,2BA | $1.73 |
| Copper Range | Stonebrook A | 2BR,1BA | $1.56 |
| Lodge at Black Forest | Element | 1BR,1BA | $1.74 |
| Copper Rose | Two Bedroom | 2BR,2BA | $1.69 |
| Crowne at Briargate | Clare | 1BR,1BA | $1.81 |
| First and Main Apartments | A2 (Urban) | 1BR,1BA | $1.66 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1.48 |
| Alpine Vista | 1B | 1BR,1BA | $1.80 |
| 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.
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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!
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Frequently Asked Questions about Hugo
What type of rentals are currently available in Hugo?
There are currently 41 Apartments for Rent in Hugo, CO with pricing that ranges from $950 to $3,537. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hugo ranging from $735 to $3,350.
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 $735 to $3,350 with an average monthly rent of $2,379.
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 $1,523 to $3,187, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $1,899.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.