
Cheap Apartments for Rent in Peyton, CO from $956 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Peyton.


13944 Zan Ln

13984 Zan Ln

11844 Pei Grove

11842 Asplund Grove

9690 Beryl Dr

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Traditions at Colorado Springs

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Copper Range
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.

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InterQuest Ridge

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The Creek at Cottonwood

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Constitution Square Apartments

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Copper Rose

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Alpine Vista

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First and Main Apartments

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Vue 21

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Residences at Falcon North
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.

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Commons at Briargate

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Pine Bluffs

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Sagebrook

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Crowne at Briargate

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Stetson Ridge Apartments

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Lodge at Black Forest

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Cottages at Woodmen Heights

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The Madison at Stetson Hills
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Crowne at Rio Vista

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Lark on Woodmen

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Cortland Powers North

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The Baldwin Modern Apartments

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Apex

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Champions

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Flats at Sand Creek

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Fox Bridge on Union
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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Estate at Woodmen Ridge

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The Citizen on Constitution

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Solace at the Ranch

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Stone Mesa Luxury Flats

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The Aven

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Affinity at Colorado Springs 55+

Creekside at Norwood

La Bella Vita
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.
Peyton, CO Local Guide

How much does it cost to rent an apartment in Peyton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peyton Studio Apartments | $1,481 | $956 | $1,905 |
| Peyton 1 Bedroom Apartments | $1,617 | $1,020 | $2,795 |
| Peyton 2 Bedroom Apartments | $1,946 | $1,172 | $3,109 |
| Peyton 3 Bedroom Apartments | $2,324 | $1,523 | $3,187 |
| Peyton 4 Bedroom Apartments | $2,851 | $1,899 | $3,537 |
Browse Top Apartments in Peyton
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Peyton, CO Local Guide
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Cheapest Neighborhoods for Apartments in Peyton, CO
Pricing Updated: 09/12/2026Current apartment rentals in the Peyton, CO area range in price from $680 to $4,312 with an overall median price of $1,867. Here is today’s list neighborhoods with the lowest median pricing for Peyton Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Woodmen Hills | $1,852 | $680 | 323 |
| Meridian Ranch | $1,880 | $780 | 188 |
| Woodmen Hills Courtyards | $1,914 | $780 | 24 |
| The Gables | $1,916 | $780 | 25 |
Cheapest Available Peyton Apartments for Rent and Nearby
 The cheapest available apartment rental in Peyton, CO is a 1 Bed unit found at Constitution Square Apartments in the Stetson Run neighborhood priced from $1,174. InterQuest Ridge in the Northgate neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here is today’s list of the most affordable Peyton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Constitution Square Apartments | 1/1.00-LG 60 | 1BR,1BA | $1,174 |
| InterQuest Ridge | One Bedroom | 1BR,1BA | $1,230 |
| Alpine Vista | 1B | 1BR,1BA | $1,231 |
| Vue 21 | Travertine | 1BR,1BA | $1,341 |
| First and Main Apartments | A2 (Urban) | 1BR,1BA | $1,371 |
| Residences at Falcon North | The Talbot | 1BR,1BA | $1,375 |
| Commons at Briargate | Contemporary | 1BR,1BA | $1,378 |
| Pine Bluffs | Aspen | 1BR,1BA | $1,395 |
| Stetson Ridge Apartments | Carson | 1BR,1BA | $1,429 |
| Copper Range | Aspen | 2BR,2BA | $1,459 |
Best Value Apartments for Rent in Peyton, CO and Nearby
As of September 12, 2026 the best value apartment in the Peyton 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 Peyton apartment is the 2BR Vista Model at Avanterra Black Forest starting at $2,473 with a $1.82 price per square foot in the Stetson Run neighborhood. Here is today’s list of the best values for Peyton 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 |
| Avanterra Black Forest | 2BR Vista | 2BR,2.5BA | $1.82 |
| Stone Mesa Luxury Flats | Canyon | 2BR,2BA | $1.84 |
| 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 |
| Alpine Vista | 1B | 1BR,1BA | $1.80 |
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 ArticleNavigating 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.
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 Peyton, CO Rentals by Map
See the most popular apartments and homes in Peyton, CO
Frequently Asked Questions about Cheap Peyton Apartments
What is the price of a cheap apartment in Peyton?
The cheapest apartment in Peyton is Constitution Square Apartments which is listed at $1,174, while the average apartment in Peyton costs $1,867.
What types of apartments are the cheapest in Peyton?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Peyton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Peyton?
Cheap apartments in Peyton have an average cost of $205 which is $1,662 cheaper than the average rent for all rentals in Peyton.
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.