Colorado Springs, CO Rental Market Trends
Last updated: March 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Colorado Springs is $1,496, a 2.94% decrease compared to the previous year, when the average rent was $1,541.
Studio Apartments at $998 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 $1,326, balancing privacy and affordability.
Two-beedroom units at $1,591 offer 989 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,261 sq ft) for $2,011, suitable for larger households.
Average rent in Colorado Springs, CO
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,496 | 867 sq. ft. |
| Studio | $998 | 438 sq. ft. |
| 1 Bed | $1,326 | 687 sq. ft. |
| 2 Beds | $1,591 | 989 sq. ft. |
| 3 Beds | $2,011 | 1,261 sq. ft. |
Colorado Springs, CO rent trends
Rental prices in Colorado Springs, CO have decreased by 2.94% over the past year. The average rent moved from $1,541 to $1,496.
What's the typical rent budget in Colorado Springs, CO?
The largest share of rentals in Colorado Springs, CO (40%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Colorado Springs, CO?
76,599 or 39% of the households in Colorado Springs, CO are renter-occupied while 121,471 or 61% are owner-occupied.
Most affordable neighborhoods in Colorado Springs?
Venetian Village $1,025/month
Pikes Peak Park $1,046/month
Knob Hill $1,057/month
All of these neighborhoods fall below the city wide average of $1,496/month.Most expensive neighborhoods in Colorado Springs?
Ridgeview $1,826/month
Interquest $1,839/month
Northgate $1,865/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Colorado Springs, CO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Northgate | $1,865 |
| Interquest | $1,839 |
| Ridgeview | $1,826 |
| Wolf Ranch | $1,791 |
| Springs Ranch | $1,779 |
| Pulpit Rock | $1,766 |
| Pine Creek | $1,714 |
| Anderosa | $1,687 |
| Indian Heights | $1,681 |
| Ivywild | $1,678 |
| Briargate | $1,663 |
| Old North End | $1,648 |
| Falcon Estates | $1,633 |
| Trailridge | $1,615 |
| Wagon Trails | $1,589 |
| Old Farm | $1,562 |
| Broadmoor | $1,558 |
| Norwood | $1,541 |
| Pinecliff | $1,508 |
| Spring Creek | $1,412 |
| Holland Park | $1,400 |
| Gateway Park | $1,393 |
| Pleasant Valley | $1,343 |
| Skyway | $1,336 |
| Rustic Hills | $1,289 |
| Eastborough | $1,277 |
| East Colorado Springs | $1,229 |
| Village Seven | $1,190 |
| Southborough | $1,189 |
| Vista Grande | $1,180 |
| Knob Hill | $1,057 |
| Pikes Peak Park | $1,046 |
| Venetian Village | $1,025 |
Colorado Springs | Rent Comparison by Neighborhood
Rent in Anderosa is 1% higher than in Briargate
Anderosa rent is 13% higher than Colorado Springs average
Briargate rent is 11% higher than Colorado Springs average
How Colorado Springs Compares to Other Cities
| City | Average Rent |
|---|---|
| Colorado Springs | $1,496 |
| Denver | $1,885 |
| Aurora | $1,632 |
| Lakewood | $1,790 |
| Boulder | $2,453 |
| Grand Junction | $1,595 |
| Fort Collins | $1,972 |
| Littleton | $1,975 |
| Englewood | $1,871 |
| Arvada | $1,821 |
| Golden | $2,191 |
| Castle Rock | $1,973 |
| Parker | $2,019 |
| Centennial, CO | $2,043 |
| Pueblo, CO | $1,164 |
| Glendale, CO | $1,630 |
| Lone Tree, CO | $2,027 |
| Fountain, CO | $1,755 |
| Greenwood Village, CO | $2,133 |
| Sheridan, CO | $1,675 |
| Castle Pines, CO | $2,246 |
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.