Canyon Ranch Apartments
3688 Parkmoor Village Dr,
Colorado Springs, CO 80917
$1,119 - $1,355 | 1-2 Beds
Palmer Park is a suburban neighborhood located in East Colorado Springs. Perfect for residents who want to fully embrace the active, nature-loving lifestyle, this neighborhood’s namesake wildlife preserve provides a gorgeous backdrop for many homes and excellent opportunities for outdoor recreation. Palmer Park is 737 acres and is a local favorite for hiking, biking, horseback riding, and more. You don’t have to be a nature enthusiast to enjoy the Palmer Park neighborhood either. Palmer Park residents will enjoy being near several shopping centers, restaurants, and entertainment options located along North Academy Boulevard. For even more variety, residents flock to Downtown Colorado Springs, which is less than 15 minutes away. Great for renters of any age and lifestyle, Palmer Park has affordable to upscale rentals available.
As of May 2025, the average apartment rent in Palmer Park is $1,019 for a studio, $1,116 for one bedroom, $1,362 for two bedrooms, and $1,849 for three bedrooms. Apartment rent in Palmer Park has decreased by -6.2% in the past year.
Studio
464 sq ft
Average Sq Ft
$1,019/month
Average Rent
1 BR
688 sq ft
Average Sq Ft
$1,116/month
Average Rent
2 BR
945 sq ft
Average Sq Ft
$1,362/month
Average Rent
3 BR
1,172 sq ft
Average Sq Ft
$1,849/month
Average Rent
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.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
3,230
Communities
898,988
Units
835
Cities
703
Communities
190,798
Units
328
Cities
642
Communities
126,349
Units
259
Cities
623
Communities
106,591
Units
221
Cities
617
Communities
163,354
Units
239
Cities
545
Communities
127,378
Units
281
Cities
† 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 February 2025.