Colorado Springs, CO Rental Market Trends

Highlights

The average rent for an apartment in Colorado Springs is $1,118, a 3% increase compared to the previous year, when the average rent was $1,085.

Average Rent in Colorado Springs, CO

Last updated Mar 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,118	3%	847 sq. ft.

The average size for a Colorado Springs, CO apartment is 847 square feet, but this number varies greatly depending on apartment type. 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-$7004%
$701-$1,00038%
$1,001-$1,50047%
$1,501-$2,00010%
> $2,0001%

Colorado Springs, CO Rent Trends

Average Rent	Jan / 2016	May / 2016	Sept / 2016	Jan / 2017	May / 2017	Sept / 2017	Jan / 2018	May / 2018	Mar / 2019
Colorado Springs, CO	$919	$955	$1,006	$1,009	$1,060	$1,085	$1,075	$1,075	$1,118
National	$1,290	$1,319	$1,334	$1,329	$1,354	$1,366	$1,366	$1,381	$1,396

Average Rent in Colorado Springs, CO By Neighborhood

Average Rent
Neighborhood	Average Rent
Knob Hill	$888
Pikes Peak Park	$898
Old North End	$910
Southborough	$913
Gateway Park	$913
Eastborough	$913
Spring Creek	$916
Rustic Hills	$957
Venetian Village	$966
East Colorado Springs	$972
Village Seven	$998
Stratton Meadows	$1,030
Old Farm	$1,049
Indian Heights	$1,084
Holland Park	$1,084
Cragmoor	$1,084
Wagon Trails	$1,111
Kissing Camels	$1,114
Ivywild	$1,138
Cheyenne Hills	$1,147
Broadmoor	$1,147
Skyway	$1,147
Old Colorado City	$1,148
West Colorado Springs	$1,176
Pleasant Valley	$1,176
Garden Ranch	$1,186
Vista Grande	$1,219
Pulpit Rock	$1,219
Norwood	$1,219
Falcon Estates	$1,232
Wagon Trails	$1,243
Pinecliff	$1,279
Oak Valley Hills	$1,279
Mountain Shadows	$1,279
Pine Creek	$1,326
Briargate	$1,326
Anderosa	$1,326
Interquest	$1,338
Trailridge	$1,365
Northgate	$1,365
Flying Horse Ranch	$1,365
Springs Ranch	$1,406
Setson Hills	$1,406
Ridgeview	$1,428
Wolf Ranch	$1,496
Kettle Creek	$1,757

The most affordable neighborhoods in Colorado Springs are Knob Hill, where the average rent goes for $888/month, Pikes Peak Park, where renters pay $898/mo on average, and Old North End, where the average rent goes for $910/mo. If you’re looking for other great deals, check out the listings from Eastborough ($913), Gateway Park ($913), and Southborough ($913), where the asking prices are below the average Colorado Springs rent of $1,118/mo.

The most expensive neighborhoods in Colorado Springs are Ridgeview ($1,428), Wolf Ranch ($1,496) and Kettle Creek ($1,757).

Colorado Springs | Rent Comparison by Neighborhood

Rent in Anderosa is the same as in Briargate

$1,326

Anderosa rent is 19% higher than Colorado Springs average

Average Rent	$1,326

$1,326

Briargate rent is 19% higher than Colorado Springs average

Average Rent	$1,326

How Does Colorado Springs Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Colorado Springs	$1,118	3%
Cimarron Hills	$1,253	4%
Stratmoor	$1,132	2%
Security-Widefield	$959	3%
Black Forest	$1,757	n/a

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.