
Cheap Apartments for Rent in Simla, CO from $900 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Simla.


Traditions at Colorado Springs

Copper Range

Smokey Trail Village

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Cottages at Woodmen Heights

The Creek at Cottonwood

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Alpine Vista

Copper Rose
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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Champions

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Crowne at Briargate

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Residences at Falcon North

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Vue 21

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First and Main Apartments

Constitution Square Apartments

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Pine Bluffs

Lodge at Black Forest
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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The Madison at Stetson Hills

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Lark on Woodmen

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Crowne at Rio Vista

Stetson Ridge

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Cortland Powers North

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The Aven

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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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The Taylor at Greenway

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Aura Crossroads

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Stone Mesa Luxury Flats

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Solace at the Ranch

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The Citizen on Constitution

Affinity at Colorado Springs 55+

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Pine Ridge Crossings
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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Avanterra Black Forest

Creekside at Norwood

615 Co Rd 45

La Bella Vita

7380 Maine Ln

6628 Watusi Rd

9313 Cashel Trail

11817 Bremen Point
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.

6591 Watusi Rd

33975 CO-94
Simla, CO Local Guide

How much does it cost to rent an apartment in Simla?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Simla Studio Apartments | $1,387 | $956 | $1,905 |
| Simla 1 Bedroom Apartments | $1,590 | $1,001 | $6,229 |
| Simla 2 Bedroom Apartments | $1,924 | $1,172 | $5,442 |
| Simla 3 Bedroom Apartments | $2,392 | $1,380 | $3,102 |
| Simla 4 Bedroom Apartments | $2,809 | $1,858 | $3,493 |
Browse Top Apartments in Simla
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Simla, CO Local Guide
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Cheapest Available Simla Apartments for Rent and Nearby
 The cheapest available apartment rental in Simla, CO is a Studio unit found at Cottages at Woodmen Heights in the Stetson Run neighborhood priced from $1,130. The Creek at Cottonwood in the Stetson Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,140. Here is today’s list of the most affordable Simla apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottages at Woodmen Heights | 0x1 - 360 sqft - S1 | Studio,1BA | $1,130 |
| The Creek at Cottonwood | 1/1 | 1BR,1BA | $1,140 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1,180 |
| Champions | 1x1Ar T1 | 1BR,1BA | $1,321 |
| Crowne at Briargate | Ashby | 1BR,1BA | $1,350 |
| Vue 21 | Palisade | 1BR,1BA | $1,381 |
| Pine Bluffs | Aspen | 1BR,1BA | $1,395 |
| Lodge at Black Forest | Solo | 1BR,1BA | $1,403 |
| First and Main Apartments | A1 (Metro) | 1BR,1BA | $1,429 |
| Estate at Woodmen Ridge | Vista | 1BR,1BA | $1,439 |
Best Value Apartments for Rent in Simla, CO and Nearby
As of June 16, 2026 the best value apartment in the Simla area is the $1.56 price per square foot The Waterton Model at Residences at Falcon North in the in the Norwood neighborhood starting from $1,908. The second greatest value Simla apartment is the Franklin Model at The Citizen on Constitution starting at $1,977 with a $1.76 price per square foot in the Stetson Run neighborhood. Here is today’s list of the best values for Simla apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Residences at Falcon North | The Waterton | 3BR,2BA | $1.56 |
| The Citizen on Constitution | Franklin | 2BR,2BA | $1.76 |
| Alpine Vista | 2B | 2BR,2BA | $1.44 |
| Copper Range | Aspen | 2BR,2BA | $1.51 |
| Constitution Square Apartments | 2/1.00 60 | 2BR,1BA | $1.57 |
| Lodge at Black Forest | Element | 1BR,1BA | $1.68 |
| Copper Rose | Two Bedroom | 2BR,2BA | $1.68 |
| Champions | 1x1AR1 T2 | 1BR,1BA | $1.60 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1.48 |
| The Creek at Cottonwood | 1/1 | 1BR,1BA | $1.44 |
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.
Best Local Schools in Simla, CO
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Simla, CO Rentals by Map
See the most popular apartments and homes in Simla, CO
Frequently Asked Questions about Cheap Simla Apartments
What is the Cheapest Studio apartment in Simla?
Currently the most affordable Cheap Studio Apartment in Simla is at Cottages at Woodmen Heights listed at $1,130.
How much is rent for a Cheap One Bedroom Simla Apartment?
The lowest price for a Cheap One Bedroom Simla Apartment is $1,140 at The Creek at Cottonwood.
What is the lowest price for a Cheap Two Bedroom Simla Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Simla is starting from $1,180 at Smokey Trail Village.
What is the most affordable Simla Three Bedroom Apartment?
The best deal on a cheap Simla 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.