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Rental market trends in Colorado Springs, CO

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Average Rent in Colorado Springs, CO

Avg. RentAnnual Change
Studio - $1,090+1%
1 Bed - $1,212-1%
2 Beds - $1,616+11%
Last updated 3/28/2023

Average Apartment Cost in Colorado Springs, CO

The average rent for apartments in Colorado Springs, CO, is between $1,090 and $1,616 in 2023. For a studio apartment in Colorado Springs, CO, the average rent is $1,090. When it comes to 1-bedroom apartments, the average rent in Colorado Springs, CO, is $1,212. For a 2-bedroom apartment, the average rent is $1,616.

Apartment Rent Ranges in Colorado Springs, CO

Apartment Prices

Neighborhood Apartment Rent Trends in Colorado Springs, CO

NeighborhoodStudio Avg RentAnnual Change
Northeast Colorado Springs$1,575-39%
Gateway Park$1,575--
Holland Park$1,575--
East Colorado Springs$1,138+11%
Knob Hill$1,138+11%
Pikes Peak Park$1,129+12%
Park Hill$1,082-6%

How Other Cities Compare to Colorado Springs, CO

CityStudio Avg RentAnnual Change
Highlands Ranch$2,892--
Lone Tree$1,509-2%

Colorado Springs, CO Rent Trends

Neighborhood Information for Colorado Springs, CO

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

The most affordable neighborhoods in Colorado Springs are Shooks Run, where the average 1-bedroom apartment rent goes for $810, Divine Redeemer, where renters pay $1,000 on average for a 1-bedroom apartment, and Park Hill, where the average 1-bedroom apartment rent goes for $1,000. If you're looking for other great deals, check out the listings in Holland Park ($1,000 for a 1-bedroom apartment) or Southeast Colorado Springs ($1,085 for a 1-bedroom apartment), compared to the $1,212 average for a Colorado Springs 1-bedroom apartment.