Maximum discharge along the river is currently at the reporting a streamflow rate of cfs. This is also the highest stage along the Apishapa River, with a gauge stage of ft at this location. This river is monitored from 1 different streamgauging stations along the Apishapa River, the highest being situated at an altitude of ft, the .

The Apishapa River is a tributary of the Arkansas River that flows through southeastern Colorado. It is approximately 70 miles long and its drainage basin covers an area of 716 square miles. Historically, the river was used for irrigation and domestic water supply. In the early 20th century, the Apishapa Dam was built to create a reservoir for irrigation. Today, the river is used for recreation, including fishing and kayaking. The Apishapa Reservoir is a popular spot for boating and camping. The river is also important for agriculture, supporting crops such as alfalfa, corn, and wheat. The hydrology of the Apishapa River is heavily influenced by seasonal snowmelt and precipitation. The river is susceptible to flash flooding during heavy rain events.