Colorado Springs, CO Rental Market Trends

Highlights

The average rent for an apartment in Colorado Springs is $1,075, a 1% increase compared to the previous year, when the average rent was $1,060.

Studio apartments in Colorado Springs rent for $689 a month, while 1-bedroom apartments ask on average $946 a month; the average rent for a 2-bedroom apartment is $1,145.

Average Rent in Colorado Springs, CO

Last updated Oct 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,075 $689 $946 $1,145 $1,424
Y-o-Y Change 1% 4% 1% n/a 3%
Average Apartment Size 843 sq. ft. 445 sq. ft. 679 sq. ft. 988 sq. ft. 1,267 sq. ft.

The average size for a Colorado Springs apartment is 843 square feet, but this number varies greatly depending on apartment type. A studio averages 445 sq. ft., while a one-bedroom apartment offers a more generous square footage: 679. 2-bedroom apartments in Colorado Springs have an average size of 988 sq. ft.

Colorado Springs, CO Apartment Rent Ranges

  • $501-$70069%
  • $701-$1,00027%
  • $1,001-$1,5004%

Colorado Springs, CO Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Oct / 2018 $1,075 $689 $946 $1,145 $1,424
Jan / 2018 $1,075 $688 $946 $1,146 $1,425
Sept / 2017 $1,085 $687 $956 $1,168 $1,414
May / 2017 $1,060 $663 $934 $1,146 $1,389
Jan / 2017 $1,009 $665 $890 $1,088 $1,313
Sept / 2016 $1,006 $624 $884 $1,089 $1,323
May / 2016 $955 $618 $837 $1,031 $1,261
Jan / 2016 $919 $580 $806 $992 $1,213
Sept / 2015 $913 $595 $802 $982 $1,213
May / 2015 $876 $574 $759 $949 $1,171
/

Average Rent in Colorado Springs, CO By Neighborhood

Flying Horse Ranch
$1,376
Northgate
$1,376
Trailridge
$1,376
Interquest
$1,370
Setson Hills
$1,367
Springs Ranch
$1,367
Anderosa
$1,285
Briargate
$1,285
Pine Creek
$1,285
Wagon Trails
$1,207
Falcon Estates
$1,203
Norwood
$1,190
Pulpit Rock
$1,190
Vista Grande
$1,190
Garden Ranch
$1,148
Skyway
$1,117
Broadmoor
$1,113
Cheyenne Hills
$1,113
Ivywild
$1,089
Kissing Camels
$1,071
Wagon Trails
$1,041
Cragmoor
$1,013
Holland Park
$1,013
Indian Heights
$1,013
Stratton Meadows
$997
Old Farm
$983
Village Seven
$945
East Colorado Springs
$925
Rustic Hills
$915
Venetian Village
$907
Pikes Peak Park
$868
Spring Creek
$864
Knob Hill
$860
Old North End
$856
/
/

The most affordable neighborhoods in Colorado Springs are Old North End, where the average rent goes for $856/month, Knob Hill, where renters pay $860/mo on average, and Spring Creek, where the average rent goes for $864/mo. If you’re looking for other great deals, check out the listings from Pikes Peak Park ($868), Venetian Village ($907), and Rustic Hills ($915), where the asking prices are below the average Colorado Springs rent of $1,075/mo.

The most expensive neighborhoods in Colorado Springs are Flying Horse Ranch ($1,376), Northgate ($1,376) and Trailridge ($1,376).

Colorado Springs | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Anderosa is the same as in Briargate

$1,285

Anderosa rent is 20% higher than Colorado Springs average

All rentals $1,285
Studio $700
1 Bed $1,153
2 Beds $1,349
3 Beds $1,801
$1,285

Briargate rent is 20% higher than Colorado Springs average

All rentals $1,285
Studio $700
1 Bed $1,153
2 Beds $1,349
3 Beds $1,801

How Does Colorado Springs Compare to Nearby Cities

Average Rent Y-o-Y Change
Colorado Springs $1,075 1%
Cimarron Hills $1,189 1%
Fountain $1,068 4%
Black Forest $1,757 0%
Gleneagle $1,376 -1%

For more information about the Colorado Springs rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Colorado Springs apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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