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Palmer Park apartments for rent - Colorado Springs, CO

Beds

94 Apartments

Average Rent in Colorado Springs, CO

Avg. RentAnnual Change
Colorado Springs Studio - $1,539+42%
Colorado Springs 1 Bed - $1,654+35%
Colorado Springs 2 Beds - $1,830+8%

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Local Guide

See what Colorado Springs, CO has to offer.

Local Reviews

The scenery around here is great, is you can look past the part of town we're in. Unfortunately most all three people that reside here have ruined it, and I literally do not go out unless I absolutely have to.

It's close to stores and buses. The price was right for a fixer upper 5 years ago. And the house itself is well lit, spacious for 2 people, with a huge basement.

It's easy to get around whether walking waiting for the bus. There are several places to walk to to get food, and snacks, and marijuana. One of our favorite dispos is in this neighborhood, just around the corner and it makes it easy to get pot.

Demographics

Education

High School

29%

Associate's

36%

Bachelor's

21%

Master's

12%

Doctorate

2%

Family Size

2 people

56%

3 people

21%

4 people

12%

5 people

8%

6+ people

3%

Household Income

0-50k

40%

50-100k

39%

100-150k

16%

150-200k

5%

200k+

1%

Age

0-10

8%

10-20

11%

20-45

34%

45-65

25%

65+

22%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Palmer Park, Colorado Springs, CO

In Colorado Springs, CO, as of 2024, the average rent for apartments ranges from $1,539 to $1,830. Specifically, the average rent for a studio apartment in Palmer Park, Colorado Springs, CO is $1,539. For those seeking a 1-bedroom apartments, the average rent is $1,654. And for a 2-bedroom apartment, renters can expect to pay an average of $1,830.

Annual Rent Change Over the Past 12 Months

Studio

+42%

Changed from $1,084 to $1,539
1 Bed

+35%

Changed from $1,225 to $1,654
2 Beds

+8%

Changed from $1,694 to $1,830

Cost of Living

Compared to State Average

0%

Compared to National Average

3%

The cost of living in Palmer Park, Colorado Springs, CO is 0% lower than the state average and 3% higher than the national average. Palmer Park, Colorado Springs, CO housing is 12.9% more expensive than the U.S average, while utilities are about 6.9% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 3.3% more in Palmer Park, Colorado Springs, CO than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 3.2% more here compared to the U.S. average.
Cost of Living in Palmer Park, Colorado Springs, COCompared to State AverageCompared to National Average
Housing
9.1%
12.9%
Utilities
5.5%
6.9%
Food
0%
3.3%
Transportation
0.8%
2.5%
Healthcare
2.8%
3.2%

Compare Other Cities

CityStudio Avg RentAnnual Change
Highlands Ranch$2,804-6%
Lone Tree$1,819+17%
Centennial$1,7990%
Colorado Springs$1,539+42%
Pueblo$799-14%
City1 Bed Avg RentAnnual Change
Parker$3,017+47%
Highlands Ranch$2,645-2%
Castle Pines$2,205-1%
Castle Rock$1,9370%
Lone Tree$1,934-1%
Centennial$1,771-16%
Monument$1,762--
Fountain$1,745--
Colorado Springs$1,654+35%
Pueblo$1,540+2%
City2 Beds Avg RentAnnual Change
Parker$3,844+59%
Highlands Ranch$3,362+35%
Lone Tree$3,224+18%
Castle Rock$2,798+6%
Castle Pines$2,7200%
Centennial$2,150-15%
Monument$2,082--
Fountain$2,065--
Manitou Springs$2,000--
Colorado Springs$1,830+8%
Pueblo$1,623-1%
Woodland Park$1,600--
Pueblo West$995--

Compare Neighborhoods

Pikes Peak Park

$860

1 Bed Avg. Rent

Shooks Run

$915

1 Bed Avg. Rent

Knob Hill

$924

1 Bed Avg. Rent

What are the most affordable neighborhoods in Colorado Springs, CO?

For renters in Colorado Springs seeking more affordable options, the neighborhoods to watch are Pikes Peak Park, Shooks Run, and Knob Hill, where average rents for 1-bedroom apartments stand at $860, $915, and $924 respectively. Additional areas offering value are Rustic Hills and Spring Creek, where the rents are $962 and $975, a favorable comparison to Colorado Springs's overall 1-bedroom average of $1,654.

What are the most expensive neighborhoods in Colorado Springs, CO?

In Colorado Springs, the neighborhoods commanding the highest rents are Wolf Ranch, Interquest, and Central Colorado City. A 1-bedroom apartment in Wolf Ranch averages at $2,482, in Interquest it averages $2,352, and in Central Colorado City, the average is $1,946. For additional high-end living options, Downtown offers 1-bedroom apartments at $1,946, and North End at $1,795. These rates compare to the overall average rent of $1,654 for a 1-bedroom apartment in Colorado Springs, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Colorado Springs, CO?

In Colorado Springs, the most sought-after neighborhoods for renters include East Colorado Springs, Knob Hill, and Divine Redeemer. In East Colorado Springs, the average rent for a 1-bedroom apartment is $1,000. Knob Hill sees average rents of $924 for a 1-bedroom unit. Divine Redeemer offers similar appeal with 1-bedroom apartments averaging $1,075. For those seeking other popular areas, Park Hill presents 1-bedroom apartments at $1,002, and Shooks Run at $915. These prices are set against the backdrop of the city-wide average of $1,654 for a 1-bedroom apartment in Colorado Springs, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Rockrimmon$2,099+19%
Northeast Colorado Springs$1,717+27%
Holland Park$1,717+27%
Central Colorado City$1,669+57%
Downtown$1,669--
Wolf Ranch$1,667--
Old Colorado City$1,450--
Powers$1,3490%
Gateway Park$1,3490%
Broadmoor$1,239+25%
Knob Hill$1,078-1%
Village Seven$1,050--
Ivywild$1,033--
Park Hill$1,007--
Southeast Colorado Springs$965-7%
Pikes Peak Park$952--
Skyway$945--
Eastborough$937--
Rustic Hills$925-14%
Spring Creek$9250%
East Colorado Springs$880-19%
Shooks Run$880+26%
Stratton Meadows$875-7%
Divine Redeemer$850--
Memorial Park$795-13%
Neighborhood1 Bed Avg RentAnnual Change
Wolf Ranch$2,482+31%
Interquest$2,352--
Central Colorado City$1,946+57%
Downtown$1,946+50%
North End$1,795+29%
Norwood$1,756-3%
Village Seven$1,722+43%
Northwest Colorado Springs$1,695--
Rockrimmon$1,644--
Ridgeview$1,624-7%
Skyway$1,609-10%
Pulpit Rock$1,5610%
Broadmoor$1,541+1%
Old Colorado City$1,450--
Powers$1,425-13%
Garden Ranch$1,419+5%
Venetian Village$1,400+27%
Northeast Colorado Springs$1,327+2%
Cheyenne Hills$1,2950%
Vista Grande$1,255-10%
Gateway Park$1,122-1%
Memorial Park$1,119+2%
Ivywild$1,096-8%
Eastborough$1,095-3%
Divine Redeemer$1,075+5%
Cragmoor$1,075--
Park Hill$1,002-7%
East Colorado Springs$1,000-12%
Southeast Colorado Springs$996-10%
Holland Park$985--
Stratton Meadows$985-11%
Spring Creek$975-17%
Rustic Hills$962-12%
Knob Hill$924-15%
Shooks Run$915+13%
Pikes Peak Park$860-12%
Neighborhood2 Beds Avg RentAnnual Change
Central Colorado City$2,780+112%
Wolf Ranch$2,2980%
Interquest$2,175--
Northwest Colorado Springs$1,975-45%
Skyway$1,974-3%
Village Seven$1,937+17%
Ridgeview$1,910-4%
Gold Hill Mesa$1,895--
Rockrimmon$1,890--
Broadmoor$1,856-5%
Powers$1,810-9%
North End$1,750--
Norwood$1,700-21%
Vista Grande$1,695+3%
Garden Ranch$1,595+9%
Pulpit Rock$1,591-17%
Northeast Colorado Springs$1,535+3%
Stetson Hills$1,500--
Ivywild$1,400+7%
Old Colorado City$1,395--
Cheyenne Hills$1,3950%
East Colorado Springs$1,375+5%
Gateway Park$1,369+11%
Shooks Run$1,350+44%
Venetian Village$1,325--
Southeast Colorado Springs$1,304-3%
Park Hill$1,304-3%
Divine Redeemer$1,275+2%
Pikes Peak Park$1,236--
Memorial Park$1,200-8%
Holland Park$1,2000%
Eastborough$1,195-6%
Spring Creek$1,195-20%
Stratton Meadows$1,187-6%
Cragmoor$1,175--
Rustic Hills$1,099-11%
Patty Jewett$1,075--
Knob Hill$1,050-19%

Transportation

Commute Time

0-15 Mins

31%

15-30 Mins

52%

30-40 Mins

7%

40-60 Mins

4%

60+ Mins

6%

Transportation Scores

Percentage: 6060

Walk Score®

Walkable

Yes

Say 2 of 4 renters

Has Sidewalks

Yes

Say 2 of 4 renters

Percentage: 4848

Bike Score®

Bike Friendly

Yes

Say 2 of 4 renters

Percentage: 2727

Transit Score®

They Are Located Near Public Transportation

Yes

Say 4 of 4 renters

Need A Car

Yes

Say 2 of 4 renters

Area Amenities

Top Score

Coffee

2.5/5 stars based on undefined reviews

Not too cold, not too hot. An average town for coffee.

  1. A high number of coffee shops per resident
  2. 81% more coffee shops than average
  3. 27% more coffee shops than areas of a similar size

Nightlife

2.5/5 stars based on undefined reviews

Nightlife is on the rocks in Palmer Park Colorado Springs.

  1. Few bars and clubs per resident
  2. 83% more bars and clubs than average
  3. 30% more bars and clubs than areas of a similar size

Childcare

2.5/5 stars based on undefined reviews

Palmer Park Colorado Springs is taking baby steps toward having ample childcare options.

  1. Few daycares per resident
  2. 80% more daycares than average
  3. A standard number of daycares compared to areas of a similar size

Health and Fitness

2.5/5 stars based on undefined reviews

Cardio is hale and hardy in Palmer Park Colorado Springs.

  1. Few gyms per resident
  2. 91% more gyms than average
  3. 63% more gyms than areas of a similar size

Pet Services

2.5/5 stars based on undefined reviews

Who's an ok boy? Palmer Park Colorado Springs doesn't deserve many treats.

  1. A high number of pet facilities per resident
  2. 76% more pet facilities than average
  3. 8% fewer pet facilities than areas of a similar size

Medical Care

2.5/5 stars based on undefined reviews

Healthcare in Palmer Park Colorado Springs doesn't tip the scales.

  1. Few medical facilities per resident
  2. 75% more medical facilities than average
  3. A standard number of medical facilities compared to areas of a similar size

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. Few grocery stores per resident
  2. An average number of grocery stores
  3. A standard number of grocery stores compared to areas of a similar size

Restaurants

2/5 stars based on undefined reviews

Palmer Park Colorado Springs serves up a dining scene that's only lukewarm.

  1. Few restaurants per resident
  2. 42% more restaurants than average
  3. 97% fewer restaurants than areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in Palmer Park Colorado Springs.

  1. Few parks per resident
  2. An average number of parks
  3. A standard number of parks compared to areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in Palmer Park Colorado Springs.

  1. Few shops per resident
  2. An average number of shops
  3. A standard number of shops compared to areas of a similar size

Theaters

2/5 stars based on undefined reviews

Hiding in the dressing room? Palmer Park Colorado Springs has a quiet theater scene.

  1. Few theaters per resident
  2. An average number of theaters
  3. A standard number of theaters compared to areas of a similar size

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. Few fine art centers per resident
  2. An average number of fine art centers
  3. A standard number of fine art centers compared to areas of a similar size

Amusement Parks

2/5 stars based on undefined reviews

In need of a lift: Palmer Park Colorado Springs is light on amusement parks.

  1. Few amusement parks per resident
  2. An average number of amusement parks
  3. A standard number of amusement parks compared to areas of a similar size

Hospitals

2/5 stars based on undefined reviews

Be patient when looking for a hospital around here.

  1. Few hospitals per resident
  2. An average number of hospitals
  3. A standard number of hospitals compared to areas of a similar size

Gas Stations

2/5 stars based on undefined reviews

Honk if you see a gas station.

  1. Few gas stations per resident
  2. 40% more gas stations than average
  3. Far fewer gas stations than areas of a similar size

Area Features

Busy Streets

No

Say 3 of 4 renters

Near Grocery Stores

Yes

Say 3 of 4 renters

Near Schools

Yes

Say 3 of 4 renters

Area Has Kids Play Outside

Yes

Say 2 of 4 renters

Noise Late At Night

Yes

Say 2 of 4 renters

Pet Friendly

Yes

Say 2 of 4 renters

Tree Lined Streets

Yes

Say 2 of 4 renters

Area Has Litter

Yes

Say 3 of 4 renters

Mostly Older Buildings

Yes

Say 3 of 4 renters

Near Downtown

No

Say 3 of 4 renters

Near Highways

No

Say 3 of 4 renters

Nearby Parks

No

Say 3 of 4 renters

Nice Views

No

Say 3 of 4 renters

Area Has Potholes

Yes

Say 3 of 4 renters

Maintained Yards

No

Say 3 of 4 renters

Mostly Newer Buildings

No

Say 4 of 4 renters

Quiet Area

No

Say 4 of 4 renters

Good Place To Raise A Family

No

Say 4 of 4 renters

Safe For Families

No

Say 4 of 4 renters

Well Lit

No

Say 4 of 4 renters

Schools

Percentage: 2/52/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Palmer Park Colorado Springs

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Colorado Springs, CO 3.7 miles$1,654$1,830
Monument, CO 15.9 miles$1,762$2,082
Manitou Springs, CO 7.7 miles---$2,000
Widefield, CO 10.2 miles------
Cimarron Hills, CO 5.2 miles------
Fountain, CO 13.9 miles$1,745$2,065
Security-Widefield, CO 9.5 miles------
Cripple Creek, CO 23.4 miles---$1,100
Woodland Park, CO 17.2 miles---$1,600
Black Forest, CO 10.4 miles------

Find Apartments in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
East Colorado Springs 1.2 miles$1,000$1,375
Village Seven 1.9 miles$1,722$1,937
Divine Redeemer 2 miles$1,075$1,275
Knob Hill 1.7 miles$924$1,050
Garden Ranch 1.8 miles$1,419$1,595
Cragmoor 2 miles$1,075$1,175