Colorado Springs, CO Rental Market Trends
Highlights
The average rent for an apartment in Colorado Springs is $1,281, a 6% increase compared to the previous year.
Average Rent in Colorado Springs, CO
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,281 | 6% | 849 sq. ft. |
The average size for a Colorado Springs, CO apartment is 849 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Colorado Springs, CO Apartment Rent Ranges
- $501-$7002%
- $701-$1,00024%
- $1,001-$1,50050%
- $1,501-$2,00022%
- > $2,0003%
Colorado Springs, CO Occupied Housing Units
- Renter-occupied Households36%
- Owner-occupied Households63%
66,554 or 36% of the households in Colorado Springs, CO are renter-occupied while 114,924 or 63% are owner-occupied.
Colorado Springs, CO Rent Trends
| Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Colorado Springs, CO | $1,091 | $1,074 | $1,106 | $1,117 | $1,123 | $1,183 | $1,187 | $1,205 | $1,234 | $1,268 | $1,281 |
| National | $1,309 | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 | $1,392 |
Average Rent in Colorado Springs, CO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Wolf Ranch | $1,591 |
| Flying Horse Ranch | $1,557 |
| Northgate | $1,557 |
| Trailridge | $1,557 |
| Setson Hills | $1,556 |
| Springs Ranch | $1,556 |
| Interquest | $1,519 |
| Ridgeview | $1,502 |
| Anderosa | $1,491 |
| Briargate | $1,491 |
| Pine Creek | $1,491 |
| Mountain Shadows | $1,454 |
| Oak Valley Hills | $1,454 |
| Pinecliff | $1,454 |
| Falcon Estates | $1,360 |
| Pleasant Valley | $1,355 |
| West Colorado Springs | $1,355 |
| Wagon Trails | $1,353 |
| Norwood | $1,333 |
| Pulpit Rock | $1,333 |
| Vista Grande | $1,333 |
| Old Colorado City | $1,294 |
| Garden Ranch | $1,292 |
| Skyway | $1,289 |
| Broadmoor | $1,288 |
| Cheyenne Hills | $1,288 |
| Ivywild | $1,272 |
| Kissing Camels | $1,232 |
| Old Farm | $1,202 |
| Cragmoor | $1,165 |
| Holland Park | $1,165 |
| Indian Heights | $1,165 |
| Stratton Meadows | $1,154 |
| Village Seven | $1,144 |
| Eastborough | $1,116 |
| Gateway Park | $1,116 |
| Southborough | $1,116 |
| Rustic Hills | $1,085 |
| East Colorado Springs | $1,074 |
| Venetian Village | $1,069 |
| Spring Creek | $1,026 |
| Old North End | $1,024 |
| Pikes Peak Park | $1,003 |
| Knob Hill | $997 |
The most affordable neighborhoods in Colorado Springs are Knob Hill, where the average rent goes for $997/month, Pikes Peak Park, where renters pay $1,003/mo on average, and Old North End, where the average rent goes for $1,024/mo. If you’re looking for other great deals, check out the listings from Spring Creek ($1,026), Venetian Village ($1,069), and East Colorado Springs ($1,074), where the asking prices are below the average Colorado Springs rent of $1,281/mo.
The most expensive neighborhoods in Colorado Springs are Northgate ($1,557), Trailridge ($1,557) and Wolf Ranch ($1,591).
The most popular neighborhood in Colorado Springs is Knob Hill, where there are 6 verified RENTCafé listings with an average rent of $997. Next up is Spring Creek, where apartments go for $1,026/month, followed by Norwood with $1,333 If you’re looking to rent in Colorado Springs’s most popular neighborhoods, make sure to also check out Old North End, where renters pay $1,024 on average, and Skyway, where the average monthly rent is $1,289.
Colorado Springs | Rent Comparison by Neighborhood
Rent in Anderosa is the same as in Briargate
Anderosa rent is 16% higher than Colorado Springs average
| Average Rent | $1,491 |
|---|
Briargate rent is 16% higher than Colorado Springs average
| Average Rent | $1,491 |
|---|
How Colorado Springs Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Denver | $1,631 | -2% |
| Boulder | $1,911 | -2% |
| Colorado Springs | $1,281 | 6% |
| Aurora | $1,360 | 1% |
| Fort Collins | $1,549 | 1% |
| Lakewood | $1,493 | -2% |
| Parker | $1,589 | -4% |
| Centennial | $1,642 | -1% |
| Castle Rock | $1,611 | 3% |
| Castle Pines | $1,638 | 4% |
| Fountain | $1,228 | -4% |
For more information about the Colorado Springs rental trends, check out our monthly rent report
Check out Colorado Cities, Colorado Neighborhoods and Colorado Zip Codes for more details on verified listings, including the Colorado Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!
Cheapest Listings on RENTCafé
Mid-priced Listings on RENTCafé
Bellaire Ranch & Alturas At Bellaire Ranch
- 1-3 Beds
- 1-2 Baths
- 578 - 1,286 Sq.Ft.