Colorado Springs, CO Rental Market Trends
What is the average rent in Colorado Springs?
The average rent for an apartment in Colorado Springs is $1,547. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Colorado Springs, CO
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,547 | 858 sq. ft. |
What is the average apartment size in Colorado Springs?
The average size for a Colorado Springs, CO apartment is 858 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
Colorado Springs, CO Occupied Housing Units
75,179 or 39% of the households in Colorado Springs, CO are renter-occupied while 117,970 or 61% are owner-occupied.
Colorado Springs, CO rent trends
Average Rent in Colorado Springs, CO By Neighborhood
| City | Average Rent |
|---|---|
| Wolf Ranch | $2,178 |
| Flying Horse Ranch | $1,882 |
| Trailridge | $1,882 |
| Setson Hills | $1,881 |
| Ridgeview | $1,863 |
| Briargate | $1,786 |
| Oak Valley Hills | $1,739 |
| Pinecliff | $1,739 |
| Wagon Trails | $1,621 |
| Falcon Estates | $1,587 |
| Cheyenne Hills | $1,571 |
| Pleasant Valley | $1,561 |
| West Colorado Springs | $1,561 |
| Norwood | $1,542 |
| Pulpit Rock | $1,542 |
| Vista Grande | $1,542 |
| Old Farm | $1,539 |
| Skyway | $1,534 |
| Ivywild | $1,521 |
| Garden Ranch | $1,499 |
| Old Colorado City | $1,443 |
| Kissing Camels | $1,437 |
| Stratton Meadows | $1,401 |
| Eastborough | $1,396 |
| Gateway Park | $1,396 |
| Southborough | $1,396 |
| Village Seven | $1,386 |
| Cragmoor | $1,369 |
| Holland Park | $1,369 |
| East Colorado Springs | $1,305 |
| Rustic Hills | $1,296 |
| Venetian Village | $1,285 |
| Spring Creek | $1,272 |
| Pikes Peak Park | $1,251 |
| Knob Hill | $1,216 |
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What are the most affordable neighborhoods in Colorado Springs?
The most affordable neighborhoods in Colorado Springs are Knob Hill, where the average rent goes for $1,216/month, Pikes Peak Park, where renters pay $1,251/mo on average, and Spring Creek, where the average rent goes for $1,272/mo. If you’re looking for other great deals, check out the listings from Venetian Village ($1,285), Rustic Hills ($1,296), and East Colorado Springs ($1,305), where the asking prices are below the average Colorado Springs rent of $1,547/mo.
What are the most expensive neighborhoods in Colorado Springs?
The most expensive neighborhoods in Colorado Springs are Flying Horse Ranch ($1,882), Trailridge ($1,882) and Wolf Ranch ($2,178).
What are the most popular neighborhoods in Colorado Springs?
The most popular neighborhood in Colorado Springs is Falcon Estates, where there are 2 listings with an average rent of $1,587. Next up is Knob Hill, where apartments go for $1,216/month, followed by Skyway with $1,534 If you’re looking to rent in Colorado Springs’s most popular neighborhoods, make sure to also check out Venetian Village, where renters pay $1,285 on average, and East Colorado Springs, where the average monthly rent is $1,305.
Colorado Springs | Rent Comparison by Neighborhood
Rent in Briargate is 14% higher than in Cheyenne Hills
$1,786
Briargate rent is 15% higher than Colorado Springs average
Average Rent
$1,786
$1,571
Cheyenne Hills rent is 2% higher than Colorado Springs average
Average Rent
$1,571
How Colorado Springs Compares to Other Cities
| State | Average Rent |
|---|---|
| Denver | $1,979 |
| Colorado Springs | $1,547 |
| Aurora | $1,772 |
| Greenwood Village | $2,121 |
| Castle Rock | $2,066 |
| Englewood | $1,946 |
| Lone Tree | $2,108 |
| Boulder | $2,405 |
| Erie | $2,742 |
| Thornton | $1,869 |
| Glendale | $1,640 |
| Morrison | $1,890 |
| Parker | $1,943 |
What is the average price for a storage unit in Colorado Springs?
The average rent for a non-climate-controlled 10'x10' storage unit in Colorado Springs is $119.31. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Colorado Springs
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AutoCF SGTIDV
5210 Rocking R Dr, Colorado Springs, CO 80915| 1 BED | $1,100 |
| 3 BEDS | $3,100 |
Broadmoor Park Terrace Apartment Homes
920 Arcturus Dr, Kirkland, WA 98037| 1 BED | $845+ |
Cheyenne Creek Luxury Apartment Homes
145 W Cheyenne Rd, Colorado Springs, CO 80906| 1 BED | $1,000 |
Yorkshire Square Apartment Homes
6633 PALACE DR, Colorado Springs, CO 80918| 1 BED | $1,000 |