Median Age
41 Years
Largest Age Group
10-19 Years
Approximately 16% of Residents
Under 20
26%
Over 65
16%
Area Guide
Avg Rent
$1,568
Population
8,013
Renter Mix
23% Rent
Perched at the base of the Rampart Range, Monument sits squarely between two of Colorado's largest cities, with Colorado Springs about twenty miles to the south and Denver roughly fifty miles north. That positioning shapes everything about life here. Residents enjoy the calm of a small mountain-edge town while keeping major employment centers, cultural institutions, and airports within easy reach. The U.S. Air Force Academy lies just south of town, giving Monument a strong connection to the military and aerospace community that defines much of the region's economy.
Monument is part of the Tri-Lakes area, alongside Palmer Lake and Woodmoor, and the three communities share a cohesive character rooted in natural surroundings and a slower pace. Pike National Forest borders the town to the west, lending the whole area a forested, outdoorsy feel even on a regular Tuesday. First settled as a railroad stop in 1872, Monument has grown substantially in recent decades, nearly doubling in population between 2010 and 2020.
The rental landscape here leans toward spacious living, with townhomes, single-family-style rentals, and apartment communities that reflect the area's residential character. High-rise towers are rare; instead, expect well-maintained communities with mountain views and room to breathe.
Median Household Income
$119,380
Average: $146,774
Education
3,541
Residents Have a Degree
Job Market
4,150
Workers Employed
Median Age
41 Years
Largest Age Group
10-19 Years
Approximately 16% of Residents
Under 20
26%
Over 65
16%
Housing Distribution
Monument has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of June 2026, the average apartment rent in Monument, CO is $1,568 for one bedroom, $1,943 for two bedrooms, and $2,366 for three bedrooms. Apartment rent in Monument has decreased by -2.8% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Monument, CO is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Not Bikeable
Bikeability
Public
Grades PK-5
849 Students
Lewis-Palmer Elementary School
Public
Grades PK-5
399 Students
Prairie Winds Elementary School
Public
Grades PK-5
347 Students
Public
Grades 6-8
781 Students
Public
Grades 9-12
1,181 Students
Public
Grades 9-12
1,094 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† 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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.