Updated 5+ Days Ago
Highlights
Pet Friendly
Location
505 E Arvada St, Colorado Springs, CO 80905, USA|Stratton Meadows
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Property management
Apartments for rent Colorado SpringsApartments for rent Castle RockApartments for rent FountainApartments for rent Cimarron HillsApartments for rent Cimarron HillsApartments for rent RidgeviewApartments for rent Palmer ParkApartments for rent SundownApartments for rent Divine RedeemerApartments for rent Wolf RanchApartments for rent BriargateApartments for rent Springs RanchApartments for rent Stetson HillsApartments for rent Memorial ParkApartments for rent Downtown Colorado SpringsApartments Near Me
Houses for rent Colorado SpringsHouses for rent PuebloHouses for rent Pueblo WestHouses for rent Cimarron HillsHouses for rent Castle RockHouses for rent DivideHouses for rent Manitou SpringsHouses for rent Security-WidefieldHouses for rent FlorenceHouses for rent Green Mountain FallsHouses for rent PeytonHouses for rent MonumentHouses for rent Woodland ParkHouses for rent GuffeyHouses for rent FountainHouses for rent near me
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 490 sqft | $989–$1,000 /mo | 2 units available | Quaint one bedroom unit well located for downtown access. |
Let's explore this property.
Amenities for Applewood Apartments
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 29 |
|---|
Advertisement
About Applewood Apartments
Quaint one bedroom unit well located for downtown access.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Applewood Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Applewood Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Applewood Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Applewood Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Applewood Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Applewood Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Applewood Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Applewood Apartments compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Stratton Meadows
1-bedroom apartments at Applewood Apartments cost about 4% more than the average rent price for 1-bedroom apartments in Stratton Meadows.
Median rents as of Sep 5 2026.
Stratton Meadows
Colorado Springs
| Month | Median Rent |
|---|---|
| September 2024 | $1,042 |
| October 2024 | $1,104 |
| November 2024 | $979 |
| December 2024 | $1,179 |
| January 2025 | $1,299 |
| February 2025 | $1,191 |
| March 2025 | $998 |
| April 2025 | $900 |
| May 2025 | $905 |
| June 2025 | $899 |
| July 2025 | $900 |
| August 2025 | $938 |
| September 2025 | $953 |
| October 2025 | $896 |
| November 2025 | $896 |
| December 2025 | $965 |
| January 2026 | $1,015 |
| February 2026 | $990 |
| March 2026 | $977 |
| April 2026 | $947 |
| May 2026 | $911 |
| June 2026 | $935 |
| July 2026 | $945 |
| August 2026 | $912 |
| September 2026 | $897 |
| Month | Median Rent |
|---|---|
| November 2025 | $749 |
| December 2025 | $749 |
| January 2026 | $749 |
| March 2026 | $745 |
| April 2026 | $745 |
Affordability calculator
Can I afford to live at 505 E Arvada St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$39,560/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,560 annually to afford this 1-bedroom monthly rent price of $989.
For more information on rent affordability, visit our rent calculator.
Schools near Applewood Apartments
Colorado School for the Deaf & Blind
33 n institute st
colorado springs, CO, 80903
PK, K-12Public
Adams Elementary School
2101 manitoba dr
colorado springs, CO, 80910
PK, K-5Public
C+
Buena Vista Elementary School
924 w pikes peak ave
colorado springs, CO, 80905
PK, K-5Public
B
Aspire Online Academy
1860 south chelton rd
colorado springs, CO, 80910
K-12Public
Aspen Child Development Center
4356 funk ave
fort carson, CO, 80913
PK, KPublic
Advertisement
Internet available near Applewood Apartments
Getting around Colorado Springs near 505 E Arvada St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 505 E Arvada St, Colorado Springs
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
Compare similar properties nearby
Kingsborough
Our team has verified this companyVillage Seven • 3817 Village Road South
Studio–3 Beds
$850–$1,650
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Greencrest Apartments
Our team has verified this companyPalmer Park • 3335 Austin Bluffs Pkwy
2 Beds
$1,100
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Candlewood Apartments
Our team has verified this companyPalmer Park • 3635 Van Teylingen Dr
1–2 Beds
$950–$1,300
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Esperanza Village
Our team has verified this companyEastborough • 4202 E Pikes Peak Ave
2–3 Beds
$999–$1,199
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Whispering Pines
Our team has verified this companyPark Hill • 3030 E Fountain Blvd
1–2 Beds
$925–$1,000
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Mason Manor Apartments
Our team has verified this companyDivine Redeemer • 1129 Bennett Ave
1 Bed
$925
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Canyon Ranch Apartments
Our team has verified this companyPalmer Park • 3688 Parkmoor Village Dr
1 Bed
$959
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Citadel Village
Our team has verified this companyThe Citadel • 913 N Chelton Rd
1–3 Beds
$945–$1,775
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Kingsborough
Our team has verified this companyVillage Seven • 3817 Village Road South
Studio–3 Beds
$850–$1,650
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Greencrest Apartments
Our team has verified this companyPalmer Park • 3335 Austin Bluffs Pkwy
2 Beds
$1,100
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Candlewood Apartments
Our team has verified this companyPalmer Park • 3635 Van Teylingen Dr
1–2 Beds
$950–$1,300
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Esperanza Village
Our team has verified this companyEastborough • 4202 E Pikes Peak Ave
2–3 Beds
$999–$1,199
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Whispering Pines
Our team has verified this companyPark Hill • 3030 E Fountain Blvd
1–2 Beds
$925–$1,000
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Mason Manor Apartments
Our team has verified this companyDivine Redeemer • 1129 Bennett Ave
1 Bed
$925
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Canyon Ranch Apartments
Our team has verified this companyPalmer Park • 3688 Parkmoor Village Dr
1 Bed
$959
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry
Citadel Village
Our team has verified this companyThe Citadel • 913 N Chelton Rd
1–3 Beds
$945–$1,775
The price shown reflects a 12-month lease. Fees may apply.- dishwasher
- air conditioning
- on-site laundry