Renter's Guide to Colorado Springs
Known for its beautiful mountain views, outdoor activities, and local brewing companies, Colorado Springs is a mid-size city in the midst of the Rocky Mountains. It was ranked 1st among Pet Friendly Cities by Forbes, and is considered the second best city for veterans to live in.
There is a large military presence in Colorado Springs, as it is home to several Army and Air Force bases, with the United States Air Force Academy being located nearby. The military is the largest employer in the Colorado Springs area.
The distance from Colorado Springs to Denver makes for a one-and-a-half hour drive, and the drive to Boulder is approximately two hours.
Colorado Springs is slightly smaller than Denver. Compared to San Antonio, Texas, Colorado Springs is three times smaller with barely 1/3 of its population and, admittedly, less ethnically diverse.
In the summer, the average temperature is 81°F and the climate is dry and sunny. During the winter the average temperature is 42°F, and the city gets an annual average of 41 inches of snow, nearly twice the national average of 25 inches. The weather is mild during the spring and fall months, which are both popular tourist seasons.
Be aware that Colorado Springs can get very cold in the winter – with lots of snow –which can make it hard to drive in the cold winter months.
Colorado Springs, CO Demographics
- Total Population450,000
Female 224,484Male 225,516
- Median Age34.6
Cost of Living in Colorado Springs, CO
The most accessible means of public transportation is the Mountain Metro public bus system. Bus fares for adults ages 19 to 59 cost $1.75. Kids and young adults aged 6 to 18 ride for $0.85, while children under the age of 5 are free to ride, if accompanied by a paying adult. Senior citizens and disabled individuals may also ride for a discounted price of $0.85.
There are also several private taxicab services in the city, including Springs Cab and Colorado Springs Cab Service. The average commute time in Colorado is 22 minutes, slightly under the national average of 25.5 minutes.
A meal for two at a mid-range restaurant costs approximately $50, and a regular cappuccino is $4.64.
On average, Colorado Springs residents can expect to pay approximately $132 per month for utilities.
Overall, the cost of living in Colorado Springs corresponds with the national average, and there is no income tax.
Average Rent in Colorado Springs, CO
- Colorado Springs, CO Average Rental Price, February 2019$1,118/mo
Colorado Springs, CO Apartment Rent Ranges
- > $2,0001%
Colorado Springs, CO Rent Trends
|Jan / 2016||May / 2016||Sept / 2016||Jan / 2017||May / 2017||Sept / 2017||Jan / 2018||May / 2018||Feb / 2019|
Average rent is projected to grow by 6% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 809038090480905809068090780909809108091480915809168091780918809198092080921809228092380924809258092780929809388093980951
Living in Colorado Springs
Colorado Springs is surrounded by beautiful views of the Rocky Mountains and its residents tend to gravitate to the outdoors, not to mention towards popular local spots – such as breweries and coffee shops. The nightlife in Colorado Springs is eclectic and centered around its bars and breweries. The city is also a great place for families to settle down, and there are plenty of options for people who like to hike, ski, and hunt.
Things to do in Colorado Springs
Colorado Springs has many points of interest, including several stunning outdoor attractions. Couples can relax at the beautiful Broadmoor resort, which boasts an award-winning spa and golf course. Couples and families alike will enjoy Pikes Peak, an iconic place to hike and mountain bike. The Garden of the Gods is a unique public park with activities for the whole family to enjoy. Other local parks include Palmer Park and Red Rocks Canyon. In addition to spending time in nature, visitors and residents alike can spend time at Pike’s Peak Center for the Performing Arts at a concert or play, or watch a minor league Rockies baseball game at the Security Service field.
Families with young children may also enjoy trips to the Cheyenne Mountain Zoo or the Colorado Springs Pioneer Museum. There are also many places to shop in Colorado Springs. The Citadel is not only the area’s largest mall, but one of the largest in the state of Colorado.
If you are in the market for antiques, visit the American Classics Marketplace, or shop at the Broadmoor Galleries for different types of unique art. Free attractions in Colorado Springs include the Olympic Training Center, the United States Air Force Academy, the aforementioned Colorado Springs Pioneer Museum, and all of the public parks and hiking trails in the area.
Annual events include the Meadowgrass Music Festival and Springs Beer Fest.
Employment in Colorado Springs
The military, aerospace engineering, electronic, and tourism are the most prominent industries in Colorado Springs. Fort Carson Army Base, Fort Peterson Air Force Base, The United States Air Force Academy, and North American Air Defense Command are noteworthy employers in the area.
Colorado Springs, CO Households
- Total Number of Households176,026
Family 112,559Non-family 63,467
Children 56,497No Children 119,529
- Average People Per Household2.52
- Median Household Income$58,158
- Median Housing Costs Per Month$1,119
Top Colleges in Colorado Springs
In addition to the many local cultural attractions, Colorado Springs is also home to several noteworthy colleges and universities, including Colorado College and the University of Colorado at Colorado Springs.
Colorado Springs, CO Education Statistics
- No High School2%
- Some High School26%
- Some College29%
- Associate Degree9%
- Bachelor Degree21%
- Graduate Degree13%
Tips for Renting in Colorado Springs
In Colorado, there are no rental control regulations, meaning that landlords can charge their tenants according to market conditions. However, tenants who sign a lease agreement cannot be forced to pay a different rental amount until their lease ends.
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