4 Days Ago
Highlights
Pet Friendly
Location
505 E Arvada St, Colorado Springs, CO 80905, USA|Stratton Meadows
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Property Overview
Applewood Apartments receives a solid Zumper expert rating of 8.3 out of 10, highlighting its strong overall appeal to renters. With competitive pricing (10/10) paired with an impressive array of amenities (8/10) and excellent location (9/10), it offers great value. Additionally, its trustworthiness rating of 7/10 reflects transparency in management, while proximity to top-rated schools and public transport enhances its desirability.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Middle school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 490 sqft | $999–$1,100 /mo | 2 units available |
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
Dog policy
| Allowed | |
|---|---|
| Limit | 1 |
Cat policy
| Allowed | |
|---|---|
| Limit | 1 |
Building details
Property details
| Units | 29 |
|---|
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About Applewood Apartments
Applewood Apartments cost $999–$1,100 per month. Located at 505 E Arvada St, Colorado Springs, CO 80905, USA, Applewood Apartments has 1 bedroom units available.Other apartment buildings in or around Colorado Springs include but are not limited to: 3817 Village Road South, 640 Wycliffe Dr, 3635 Van Teylingen Dr, 25 Sommerlyn Rd
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.
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
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
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Rent trends in Stratton Meadows
1-bedroom apartments at Applewood Apartments cost about 8% more than the average rent price for 1-bedroom apartments in Stratton Meadows.
Median rents as of Sep 6 2025.
Stratton Meadows
Colorado Springs
| Month | Median Rent |
|---|---|
| September 2023 | $999 |
| October 2023 | $1,027 |
| November 2023 | $1,013 |
| December 2023 | $1,094 |
| 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 | $950 |
| Month | Median Rent |
|---|---|
| July 2024 | $850 |
| August 2024 | $755 |
| September 2024 | $799 |
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
$39,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,960 annually to afford this 1-bedroom monthly rent price of $999.
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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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
At least one supermarket within a 15-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 E Arvada St
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
Designer Sports Wear
1414 S Tejon St
Galls Colorado Springs
525 E Fountain Blvd
lululemon Pop Up
120 E Cheyenne Rd
Frayla Boutique & Salon
18 E Fountain Blvd
Old Navy
2120 Southgate Rd
Dunkin'
1609 S Nevada Ave
Ivywild School
1604 S Cascade Ave
Starbucks
1920 S Nevada Ave
Switchback
909 E Moreno Ave
The Coffee Exchange
526 S Tejon St
Axe and the Oak Whiskey House
1604 S Cascade Ave
Principles Office
1604 S Cascade Ave
Qdoba Mexican Eats
1916 Southgate Rd
40 Thieves Hookah Lounge
710 S Tejon St
Shuga's Restaurant Bar
702 S Cascade Ave
The Vitamin Shoppe
2002 Southgate Rd
Walmart Bakery
707 S 8th St
GNC
1670 E Cheyenne Mountain Blvd
Einstein Bros Bagels
32 N Tejon St
Ola Juice Bar
27 E Kiowa St
KFC
1501 S Nevada Ave
Taco Bell
1507 S Nevada Ave
Wendy's
1541 S Nevada Ave
Arceo's A Family Mexican Restaurant
1605 S Nevada Ave
Dunkin'
1609 S Nevada Ave
Nevada / Brookside
Hwy 115 / Ppsc, World Arena / Ppsc
Nevada / Brookside
World Arena / Ppsc, Brookside / Uintah Gardens, Hwy 115 / Ppsc
Nevada / I-25
Hwy 115 / Ppsc, World Arena / Ppsc
Nevada / I-25
Hwy 115 / Ppsc, World Arena / Ppsc
Navajo / Nevada
Brookside / Uintah Gardens, Brookside / Uintah Gardens
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