Chateau Apartments
355-355 S Union Blvd,
Colorado Springs, CO 80910
$1,475 - $2,695
1-3 Beds
Memorial Park
Colorado Springs, CO
Memorial Park - Colorado Springs, CO
Area Guide
One of Colorado Springs’ best greenspaces
Outdoors
•
Great Location
•
Scenic
•
Affordable
•
Anchored by its dynamic namesake greenspace, Memorial Park offers residents with plenty of outdoor recreation opportunities. Memorial Park is packed with facilities. Along with sports fields and courts, a beach, and an indoor ice-skating rink, Memorial Park is home to the Olympic Velodrome, a 10,000 square feet cycling center. The park is also home to one of Colorado’s biggest skateparks and the Balloon Classic, an annual hot air balloon festival. For even more to do outdoors, the neighborhood rests beside the Valley Hi Golf Course. Attracting even more renters, Memorial Park is just two miles east of Downtown Colorado Springs, giving residents easy access to dining and nightlife. Memorial Park provides plenty of homes and apartments for rent. There are rentals available for every budget, but the neighborhood is known for its shocking affordability despite its excellent location. Interstate 5 lies just a short distance to the west, so you can easily commute into Denver or other areas of Colorado Springs as well.
Rent Trends
As of August 2025, the average apartment rent in Memorial Park is $804 for a studio, $1,131 for one bedroom, $1,263 for two bedrooms, and $1,864 for three bedrooms. Apartment rent in Memorial Park has increased by 0.5% in the past year.
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Studio
-
363 sq ft
Average Sq Ft
-
$804/month
Average Rent
-
1 BR
-
611 sq ft
Average Sq Ft
-
$1,131/month
Average Rent
-
2 BR
-
919 sq ft
Average Sq Ft
-
$1,263/month
Average Rent
-
3 BR
-
942 sq ft
Average Sq Ft
-
$1,864/month
Average Rent
Transportation
60
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
37
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
54
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Monument Valley Park
- Bear Creek Regional Park
- Palmer Park
- North Slope Recreation Area
- Bear Creek Nature Center
Airports
- City of Colorado Springs Municipal
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.