Colorado Springs, CO Rental Market Trends
Last updated: May 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Colorado Springs is $1,519, a 0.73% decrease compared to the previous year, when the average rent was $1,531.
Studio Apartments at $989 offer the most budget-friendly option with 438 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 687 square feet for $1,353, balancing privacy and affordability.
Two-beedroom units at $1,618 offer 990 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,262 sq ft) for $2,014, suitable for larger households.
Average rent in Colorado Springs, CO
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,519 | 867 sq. ft. |
| Studio | $989 | 438 sq. ft. |
| 1 Bed | $1,353 | 687 sq. ft. |
| 2 Beds | $1,618 | 990 sq. ft. |
| 3 Beds | $2,014 | 1,262 sq. ft. |
Colorado Springs, CO rent trends
Rental prices in Colorado Springs, CO have decreased by 0.73% over the past year. The average rent moved from $1,531 to $1,519.
What's the typical rent budget in Colorado Springs, CO?
The largest share of rentals in Colorado Springs, CO (40%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Colorado Springs, CO?
79,251 or 39% of the households in Colorado Springs, CO are renter-occupied while 123,264 or 61% are owner-occupied.
Most affordable neighborhoods in Colorado Springs?
Knob Hill $1,052/month
Venetian Village $1,099/month
Vista Grande $1,152/month
All of these neighborhoods fall below the city wide average of $1,519/month.Most expensive neighborhoods in Colorado Springs?
Northgate $1,875/month
Ridgeview $1,877/month
Springs Ranch $1,887/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Colorado Springs, CO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Springs Ranch | $1,887 |
| Ridgeview | $1,877 |
| Northgate | $1,875 |
| Interquest | $1,862 |
| Trailridge | $1,838 |
| Wolf Ranch | $1,823 |
| Pine Creek | $1,743 |
| Ivywild | $1,719 |
| Indian Heights | $1,699 |
| Anderosa | $1,692 |
| Old North End | $1,678 |
| Pulpit Rock | $1,662 |
| Briargate | $1,651 |
| Wagon Trails | $1,634 |
| Broadmoor | $1,616 |
| Falcon Estates | $1,605 |
| Old Farm | $1,577 |
| Norwood | $1,556 |
| Pinecliff | $1,553 |
| Holland Park | $1,479 |
| Rustic Hills | $1,460 |
| Spring Creek | $1,394 |
| Gateway Park | $1,382 |
| Skyway | $1,345 |
| Pleasant Valley | $1,342 |
| Eastborough | $1,290 |
| Southborough | $1,262 |
| East Colorado Springs | $1,245 |
| Village Seven | $1,220 |
| Cragmoor | $1,190 |
| Vista Grande | $1,152 |
| Venetian Village | $1,099 |
| Knob Hill | $1,052 |
Colorado Springs | Rent Comparison by Neighborhood
Rent in Anderosa is 2% higher than in Briargate
Anderosa rent is 11% higher than Colorado Springs average
Briargate rent is 9% higher than Colorado Springs average
How Colorado Springs Compares to Other Cities
| City | Average Rent |
|---|---|
| Colorado Springs | $1,519 |
| Denver | $1,891 |
| Aurora | $1,641 |
| Boulder | $2,452 |
| Lakewood | $1,790 |
| Fort Collins | $1,966 |
| Littleton | $2,002 |
| Englewood | $1,872 |
| Broomfield | $1,956 |
| Westminster | $1,819 |
| Castle Rock | $1,974 |
| Parker | $2,029 |
| Centennial | $2,034 |
| Glendale, CO | $1,604 |
| Lone Tree, CO | $2,022 |
| Pueblo, CO | $1,175 |
| Greenwood Village, CO | $2,107 |
| Canon City, CO | $1,113 |
| Sheridan, CO | $1,620 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Colorado Springs apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.