Zumper
modified
3 Days Ago

Highlights

  • Pet Friendly
  • Spacious walk-in closets
  • Private patio
  • On-site facilities
  • Luxury of a private patio
  • Controlled access system

Location

505 East Arvada Street, Colorado Springs, Colorado 80905, United States|Stratton Meadows
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Contact

Management

Colorado Springs

Leasing office

(719) 477-0800

Property Overview

Applewood Apartments offers an overall Zumper rating of 7.7, reflecting its strong value and quality for renters. With a price rating of 8 out of 10, it achieves an excellent balance between cost and amenities, which include spacious walk-in closets and private patios, alongside a controlled access system. Its prime location earns a 9 out of 10, providing easy access to highly rated schools and local attractions, enhancing its appeal as a desirable living option.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.7
Very Good
Applewood Apartments is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • High school nearby
  • Middle school nearby

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath490 sqft$775 /mo1 unit available

Let's explore this property.

Amenities for Applewood Apartments

Building

Cats OKDogs 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

Units29
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About Applewood Apartments

HomeApartments in Colorado SpringsStratton Meadows Applewood Apartments

Welcome to Applewood Apartments, your new home in the heart of Colorado Springs, CO. Our apartments offer a blend of comfort and style that you'll appreciate. Each unit is equipped with spacious walk-in closets, providing ample storage for your belongings. Enjoy the luxury of a private patio, a perfect spot for relaxation or entertaining. The convenience of an in-unit microwave makes meal preparation a breeze. For your laundry needs, we offer on-site facilities, saving you time and effort. Our controlled access system ensures a secure environment for all residents. Experience the best of Colorado Springs living at Applewood Apartments.


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.
7.7
/10
Very Good
Applewood Apartments is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Applewood Apartments
Price·8A 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.
Scoring a 8/10, Applewood Apartments is a great option for renters looking for apartments in Stratton Meadows. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.

Applewood Apartments is great for:

Pet owners

  • 2 dog parks within 1 mile
  • 8 pet supply stores near the property
  • 3 pet grooming services nearby
  • 3 pet hospitals in the area

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.

Positives

High school nearby
There is a high school 0.4 mile away
Middle school nearby
There is a middle school 0.4 mile away

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Rent trends in Stratton Meadows

1-bedroom apartments at Applewood Apartments cost about 6% less than the average rent price for 1-bedroom apartments in Stratton Meadows.

Median rents as of Dec 6 2025.
Stratton Meadows
Colorado Springs
A table of studio rental data trends in Colorado Springs
MonthMedian Rent
December 2023$1,095
January 2024$1,148
February 2024$1,082
March 2024$1,149
April 2024$1,094
May 2024$1,092
June 2024$1,053
July 2024$1,064
August 2024$1,195
September 2024$1,025
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$925
A table of studio rental data trends in Stratton Meadows
MonthMedian Rent
July 2024$850
August 2024$755
September 2024$799
November 2025$749
December 2025$749

Affordability calculator

Can I afford to live at 505 East Arvada Street?

Bedrooms

1 bedroom

Rent-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

$31,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,000 annually to afford this 1-bedroom monthly rent price of $775.
For more information on rent affordability, visit our rent calculator.

Schools near Applewood Apartments

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
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Neighborhood

Stratton Meadows | Colorado Springs, CO

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Colorado Springs near 505 East Arvada Street

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
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

3/10
There are a few mass transit options within the area.

Points of interest for 505 East Arvada Street, Colorado Springs

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

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

4/10
Some bars within walking distance

Explore the area around 505 East Arvada Street

Natural Grocers
1604 S Nevada Ave
Sprouts Farmers Market
1720 S Nevada Ave
Safeway
1920 S Nevada Ave
Bread & Butter Neighborhood Market
602 S Nevada Ave
Garden of the Gods Market & Cafe
616 S Tejon 410 St

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