$1,500
2 beds2 baths1,100 sqftCondo
3750 Penny Point #C, Colorado Springs, CO, 80906
Rentals in Colorado Springs, CO Under $1,500/mo
665 Results
$800
1 bed1 bath650 sqftApartment
3349 E Fountain Blvd, Colorado Spings, CO, 80910
$1,459
2 beds1 bath837 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,459
2 beds1 bath837 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,459
2 beds1 bath837 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,459
2 beds1 bath837 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,220
1 bed1 bath687 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,220
1 bed1 bath687 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,220
1 bed1 bath687 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,220
1 bed1 bath687 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,220
1 bed1 bath687 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,220
1 bed1 bath687 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$1,220
1 bed1 bath687 sqftApartment
903 E Colorado Ave., Colorado Springs, CO, 80903
$995
1 bed1 bath600 sqftApartment
229 North Hancock Avenue, Colorado Springs, CO, 80903
$1,400
2 beds1 bath862 sqftCondo
3510 Parkmoor Village #F, Colorado Springs, CO, 80917
$1,450+
1 bed1 bath691 sqftApartment
1810 Kaleidos View, Colorado Springs, CO, 80916
$1,345
Studio1 bath517 sqftApartment
940 - 970 Menlo Park Pt, Colorado Springs, CO, 80920
$1,395
2 beds1 bath1,184 sqftApartment
1125 Dublin Blvd, Colorado Springs, CO, 80918
$945
1 bed1 bath511 sqftApartment
3164 W Colorado Ave., Colorado Springs, CO, 80904
$1,099
2 beds1 bath709 sqftApartment
340 Gahart Drive, Colorado Springs, CO, 80916
$1,195
2 beds1 bath731 sqftApartment
5525 Bowden Loop, Colorado Springs, CO, 80915
$799
1 bed1 bath500 sqftApartment
3611 E San Miguel St., Colorado Springs, CO, 80909
$1,345
2 beds1 bath725 sqftApartment
425 E Fountain Place, Manitou Springs, CO, 80829
$1,095
1 bed1 bath430 sqftApartment
1801 S Cascade Avenue, Colorado Springs, CO, 80905
Showing 24 of 665 results
Showing 24 of 665 results
Load moreRentals in Colorado Springs, CO Under $1,500/mo
Find rentals in Colorado Springs, CO under $1,500 a month. Search for 1 and 2-bedroom rentals by unit type, amenities, and more - updated daily on Rentler.
What to Know Before Renting Under $1,500 in Colorado Springs, CO
Rentals under $1,500 per month cover a wide share of Colorado Springs inventory — expect a mix of one- and two-bedroom apartments, townhomes, and some three-bedroom houses. At this price point, tradeoffs are usually about neighborhood, building age, and amenity package rather than basic habitability. Compare commute time, parking, and in-unit laundry when narrowing your shortlist in Colorado Springs.
Affordable Rentals by Colorado Springs Neighborhood
Downtown Colorado Springs
Downtown Colorado Springs has a strong inventory of apartments, lofts, and condos, including studios, 1-bedrooms, and a few 2-bedrooms. With older, renovated, and newer buildings, rents generally range from mid-level to above Colorado Springs’ average price point of $1,731/mo. However, some luxury options are also available. Locals can walk to restaurants, shops, and entertainment along Tejon Street, while Mountain Metro Transit routes connect through the Downtown Terminal. Additionally, I-25 provides direct access to Denver and Pueblo. The rentals in Downtown Colorado Springs are best for young professionals, remote workers, and solo renters seeking smaller, pet-friendly apartments with walkable urban access.
Old Colorado City
With apartments, duplexes, and historic homes, Old Colorado City rentals are mostly 1-bedrooms and 2-bedrooms, alongside some larger 3-bedroom homes. The area’s predominantly older housing stock tends to fall around Colorado Springs’ average rent price, with fewer renovated properties available for luxury price points. Many rentals are pet-friendly, especially those around West Colorado Avenue’s walkable corridor. Mountain Metro Route 3 takes renters straight to downtown. All in all, Old Colorado City is a strong fit for couples, small families, and renters who want older homes full of character within walking distance of shopping and dining.
Briargate
Briargate is known for newer single-family homes, townhomes, and apartment communities. Most rentals are 2-bedrooms or 3-bedrooms. Pricewise, rents generally sit above Colorado Springs’ average price, with luxury pockets in new developments, such as Cordera and Wolf Ranch. Because the area has many parks, walking trails, and large suburban-style homes, many landlords offer pet-friendly rentals. Briargate Parkway is the major east-west route, connecting to I-25 for commuting across Colorado Springs. With its new multi-bedroom rentals and outdoor access, Briargate is ideal for families with pets and professionals.
Powers Corridor
With many new builds, the Powers Corridor has a broad mix of apartments, townhomes, and single-family rentals, including 1-bedroom, 2-bedroom, and 3-bedroom options. Prices are typically in line with rents in Colorado Springs, with fewer luxury properties than surrounding neighborhoods, such as Briargate and Downtown. Larger apartment communities and homes with yards make the area pet-friendly, especially those with outdoor amenities. Powers Boulevard connects locals to major retail centers, Peterson Space Force Base, and the Colorado Springs Airport. Powers Corridor is a great option for families, military households, and professionals seeking larger floorplans, in-house parking, and easy commuting.
Broadmoor/Southwest Colorado Springs
Broadmoor and Southwest Colorado Springs are known for luxury rentals, including upscale apartments, condos, and single-family homes with 2-bedroom and 3-bedroom layouts. Older and mid-era rentals make up most of the inventory, but many properties have been renovated. As a result, rents are typically higher than the city’s average. Mountain Metro Route 4 runs between Broadmoor and Downtown Colorado Springs. Drivers primarily use South Nevada Avenue and I-25 for daily trips. With larger pet-friendly rentals, upscale finishes, and access to trails, Broadmoor and Southwest Colorado Springs are best for high-income families, professionals, and executives in this corner of Colorado.
Browse Colorado Springs Rentals by Bedroom Count
Rentals Under $1,500 Near Colorado Springs, CO
Frequently Asked Questions About Rentals Under $1,500 in Colorado Springs, CO
Rentler currently shows 625 rentals in Colorado Springs priced under $1,500. Inventory at this price point is updated daily — availability changes quickly, especially at the lower price tiers where well-priced units receive applications within 24–48 hours of posting.
At the under $1,500 price point in Colorado Springs, use the bedroom and property-type filters to narrow to studios, 1-bedrooms, 2-bedrooms, houses, or townhomes. Availability shifts daily — set a listing alert if you want to catch new units as they post.
These terms refer to different things. Cheap or affordable apartments are market-rate units at the lower end of a city's price range — anyone can apply regardless of income. Low-income or income-restricted apartments are subsidized properties (through programs like Section 8, HUD, or LIHTC) that require income qualification, typically at or below 50–80% of the area median income. Both types may appear on Rentler — contact landlords directly on lower-priced listings to ask about income requirements and subsidy acceptance.
Pet-friendly rentals exist across all price tiers. Use Rentler's pet-friendly filter to narrow to properties that accept animals. At lower price points, pet deposits and monthly pet rent still apply — factor that into your total monthly cost when budgeting. Breed and weight restrictions are common even on pet-accepting listings.
Yes — especially on market-rate listings with individual landlords, which make up a significant share of Rentler's inventory. Negotiating leverage is highest in winter (November through January), when fewer people are searching and landlords are more motivated to fill vacancies. Offering a longer lease term, a larger security deposit, or the ability to move in quickly are the most effective negotiating levers.
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