1. Home
  2. Colorado
  3. Colorado Springs
  4. Renter Market Trends

Rental market trends in Colorado Springs, CO

Please reach out to press@rent.com for any media inquiries regarding this data.

Average Rent in Colorado Springs, CO

Average Rent in Colorado Springs, CO

Avg. RentAnnual Change
Studio - $1,447+31%
1 Bed - $1,653+32%
2 Beds - $1,859+4%
Last updated 5/27/2024

Average Apartment Cost in Colorado Springs, CO

The average rent for apartments in Colorado Springs, CO, is between $1,447 and $1,859 in 2024. For a studio apartment in Colorado Springs, CO, the average rent is $1,447. When it comes to 1-bedroom apartments, the average rent in Colorado Springs, CO, is $1,653. For a 2-bedroom apartment, the average rent is $1,859.

Apartment Rent Ranges in Colorado Springs, CO

Apartment PricesProportion
1%
7%
20%
27%
45%

Neighborhood Apartment Rent Trends in Colorado Springs, CO

NeighborhoodStudio Avg RentAnnual Change
Interquest$2,138--
Rockrimmon$2,063+1%
Wolf Ranch$1,667--
Downtown$1,644--
Central Colorado City$1,644--
Old Colorado City$1,450--
Northeast Colorado Springs$1,439+4%
Holland Park$1,439+4%
Powers$1,349-2%
Gateway Park$1,349-2%
Broadmoor$1,239-5%
Knob Hill$1,078-1%
Village Seven$1,050--
Park Hill$1,037--
Ivywild$1,033--
Pikes Peak Park$997--
Southeast Colorado Springs$951-7%
Skyway$945--
Eastborough$937--
Rustic Hills$925-14%
East Colorado Springs$880-19%
Stratton Meadows$875-7%
Divine Redeemer$850--
Spring Creek$850-13%
Memorial Park$795-13%
Neighborhood1 Bed Avg RentAnnual Change
Downtown$1,946+39%
Central Colorado City$1,946+39%
Norwood$1,756-3%
Village Seven$1,722+63%
Interquest$1,670--
Northwest Colorado Springs$1,650--
Mountain Shadows$1,650--
Rockrimmon$1,644--
Skyway$1,632-7%
Ridgeview$1,592-9%
Broadmoor$1,536-7%
Pulpit Rock$1,524+2%
Powers$1,411-11%
Venetian Village$1,400+27%
Garden Ranch$1,345-7%
Cheyenne Hills$1,2950%
Northeast Colorado Springs$1,283-4%
Palmer Park$1,205-8%
Gateway Park$1,141--
Memorial Park$1,119+2%
Vista Grande$1,098-21%
Ivywild$1,096-8%
Divine Redeemer$1,075+5%
Cragmoor$1,075--
East Colorado Springs$1,037-8%
Stratton Meadows$1,032-8%
Eastborough$1,023-9%
Park Hill$1,002-7%
Southeast Colorado Springs$997-8%
Old Colorado City$995--
Holland Park$985--
Spring Creek$975-17%
Knob Hill$974-10%
Rustic Hills$962-11%
Pikes Peak Park$850-10%
Neighborhood2 Beds Avg RentAnnual Change
Interquest$2,024--
Skyway$2,0050%
Northwest Colorado Springs$1,975-51%
Mountain Shadows$1,975-51%
Village Seven$1,917+16%
Ridgeview$1,912-3%
Rockrimmon$1,890--
Powers$1,860-4%
Broadmoor$1,7990%
Hillside$1,750--
Palmer Park$1,719+27%
Norwood$1,700-21%
Vista Grande$1,6450%
Garden Ranch$1,595+2%
Pulpit Rock$1,550+6%
Stetson Hills$1,500--
Northeast Colorado Springs$1,460-5%
Old Colorado City$1,395--
Cheyenne Hills$1,395-7%
East Colorado Springs$1,375+5%
Gateway Park$1,326--
Venetian Village$1,325--
Southeast Colorado Springs$1,312-7%
Park Hill$1,312-5%
Stratton Meadows$1,299-5%
Ivywild$1,294--
Divine Redeemer$1,275+2%
Pikes Peak Park$1,220--
Memorial Park$1,200-8%
Holland Park$1,2000%
Spring Creek$1,195-22%
Eastborough$1,177-16%
Cragmoor$1,175--
Knob Hill$1,100-15%
Rustic Hills$1,099-11%
Patty Jewett$1,075--

How Other Cities Compare to Colorado Springs, CO

CityStudio Avg RentAnnual Change
Highlands Ranch$2,804-6%
Lone Tree$1,859+19%
Pueblo$799-14%
City1 Bed Avg RentAnnual Change
Parker$3,008+51%
Highlands Ranch$2,504-6%
Castle Pines$2,145-4%
Castle Rock$2,073+2%
Lone Tree$1,879-1%
Monument$1,762--
Fountain$1,745--
Pueblo$1,554+8%
City2 Beds Avg RentAnnual Change
Lone Tree$3,085+32%
Castle Rock$2,727+8%
Castle Pines$2,520-7%
Highlands Ranch$2,384-13%
Monument$2,065--
Fountain$2,060--
Manitou Springs$2,000--
Pueblo$1,785+11%
Woodland Park$1,600--
Pueblo West$995--

Colorado Springs, CO Rent Trends

Studio1 Bed2 Beds
May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024
$1103$1085$1087$1057$1100$1375$1476$1386$1352$1349$1432$1432$1447
$1252$1227$1227$1245$1229$1190$1230$1470$1424$1454$1541$1651$1654
$1787$1687$1645$1587$1555$1590$1637$1702$1700$1808$1714$1854$1845
$2295$2281$2145$2120$1962$2059$2082$2147$2139$2251$2268$2248$2268

Neighborhood Information for Colorado Springs, CO

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

The most affordable neighborhoods in Colorado Springs are Pikes Peak Park, where the average 1-bedroom apartment rent goes for $850, Rustic Hills, where renters pay $962 on average for a 1-bedroom apartment, and Knob Hill, where the average 1-bedroom apartment rent goes for $974. If you're looking for other great deals, check out the listings in Spring Creek ($975 for a 1-bedroom apartment) or Holland Park ($985 for a 1-bedroom apartment), compared to the $1,653 average for a Colorado Springs 1-bedroom apartment.

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

The most affordable neighborhoods in Colorado Springs are Wolf Ranch, where the average 1-bedroom apartment rent goes for $2,791, Downtown, where renters pay $1,946 on average for a 1-bedroom apartment, and Central Colorado City, where the average 1-bedroom apartment rent goes for $1,946. If you're looking for other great deals, check out the listings in Norwood ($1,756 for a 1-bedroom apartment) or Village Seven ($1,722 for a 1-bedroom apartment), compared to the $1,653 average for a Colorado Springs 1-bedroom apartment.

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

The most popular neighborhoods in Colorado Springs are Palmer Park, where the average 1-bedroom apartment rent goes for $1,205, East Colorado Springs, where renters pay $1,037 on average for a 1-bedroom apartment, and Knob Hill, where the average 1-bedroom apartment rent goes for $974. If you're looking for other popular neighborhoods, check out the listings in Divine Redeemer ($1,075 for a 1-bedroom apartment) or Park Hill ($1,002 for a 1-bedroom apartment), compared to the $1,653 average for a Colorado Springs 1-bedroom apartment.

Nearby Listings

  • Estate at Woodmen Ridge property

    Contact for Price

    Estate at Woodmen Ridge

    1–3 Beds • 1–2 Baths

    790–1335 Sqft

    10+ Units Available

  • Crowne at Rio Vista property

    $1,695+

    Crowne at Rio Vista

    1–3 Beds • 1–2 Baths

    727–1395 Sqft

    Available 5/29

  • The Residences at Falcon North property

    $1,355+

    The Residences at Falcon North

    1–3 Beds • 1–2 Baths

    723–1287 Sqft

    10+ Units Available

  • The Oasis property

    $1,415+

    The Oasis

    1–2 Beds • 1–2 Baths

    605–1238 Sqft

    2 Units Available

  • Heritage At Hidden Creek property

    $1,695+

    Heritage At Hidden Creek

    1–3 Beds • 1–2 Baths

    808–1317 Sqft

    1 Unit Available

  • Jasper at Victory Ridge property

    $1,539+

    Jasper at Victory Ridge

    1–3 Beds • 1–2 Baths

    505–1251 Sqft

    10+ Units Available