Cheap Homes for Rent in Simla, CO from $1,600 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in Simla.

property at 12350 Holtwood Rd

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

2 Bedroom, 1 Bath Home for Rent

Available Now

12350 Holtwood Rd

SimlaCO80835
property at 811 S Chestnut St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

3 Bedroom, 1 Bath Home for Rent

Available Now

811 S Chestnut St

ElizabethCO80107
property at 7662 Jack Pne Grv

$1,997

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,997

Total Monthly Price
$1,997

3 Bedroom, 2.5 Bath Home for Rent

Available Now

7662 Jack Pne Grv

Colorado SpringsCO80908

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.

property at 7823 Sand Lake Heights

$2,025

Total Monthly Price

Total Monthly Price

Base Rent
$2,025

Total Monthly Price
$2,025

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

7823 Sand Lake Heights

Colorado SpringsCO80908
property at 7385 Beinecke Point

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 2 Bath Home for Rent

Available May 1

7385 Beinecke Point

PeytonCO80831
property at 6505 Watusi Rd

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 2 Bath Home for Rent

Available Now

6505 Watusi Rd

FalconCO80831

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.

property at 7558 Soane Grove

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 2.5 Bath Home for Rent

Available Now

7558 Soane Grove

PeytonCO80831

Simla, CO Local Guide

Cheapest Available Simla Apartments for Rent and Nearby

 

The cheapest available apartment rental in Simla, CO is a 2 Beds unit found at Traditions at Colorado Springs in the Stetson Run neighborhood priced from $1,175. 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 Simla apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Traditions at Colorado Springs2BD 1BTH2BR,1BA$1,175
Smokey Trail Village2 Bed, 1 Bath2BR,1BA$1,180
Alpine Vista1B1BR,1BA$1,187

Best Value Apartments for Rent in Simla, CO and Nearby

As of April 13, 2026 the best value apartment in the Simla area is the $1.77 price per square foot Muirfield Model at The Meadows at Tutt Village Townhomes in the in the Stetson Run neighborhood starting from $2,705. The second greatest value Simla apartment is the The Waterton Model at Residences at Falcon North starting at $1,977 with a $1.62 price per square foot in the Norwood neighborhood. Here is today’s list of the best values for Simla apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Meadows at Tutt Village TownhomesMuirfield4BR,2.5BA$1.77
Residences at Falcon NorthThe Waterton3BR,2BA$1.62
The Creek at Cottonwood Apartment Homes2x22BR,2BA$1.19
First and Main ApartmentsB1 (Trend)2BR,2BA$1.64
Traditions at Colorado Springs2BD 1BTH2BR,1BA$1.22
Copper RoseTwo Bedroom2BR,2BA$1.61
Copper RangeLarkspur2BR,1BA$1.62
Estate at Woodmen RidgeCresta1BR,1BA$1.69
Smokey Trail Village2 Bed, 1 Bath2BR,1BA$1.48
Alpine Vista1B1BR,1BA$1.74

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Simla

What type of rentals are currently available in Simla?

There are currently 40 Apartments for Rent in Simla, CO with pricing that ranges from $923 to $5,442. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Simla ranging from $1,695 to $4,195.

What is the current price range for Rental Homes in Simla?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Simla ranges from $1,695 to $4,195 with an average monthly rent of $2,815.

How much are larger Three and Four Bedroom Rentals in Simla?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Simla range from $1,329 to $3,792, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,475. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $1,789.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.