The Edge at Mt. Shadows
5621 Silverstone Ter,
Colorado Springs, CO 80919
$1,395 - $1,850
1-2 Beds
Rental Market Trends in Colorado Springs, CO
What is the average rent in Colorado Springs, CO?
$1,297/month
Average Rent
671 Sq Ft
Average Apartment Size
-5%
Decrease in the Last Year
As of September 2025, the average rent in Colorado Springs, CO is $1,297 per month. This is 21% lower than the national average rent of $1,640/month, making renting in Colorado Springs more affordable than most cities in the US. When you rent an apartment in Colorado Springs, you can expect to pay about $1,119 per month for a studio, $1,297 for a one-bedroom apartment, and around $1,593 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,013 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Colorado Springs, CO?
In the past year, rent has decreased by 5%, which averages out to $64 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Colorado Springs?
Based on current rent prices, Claremont Ranch, Cherry Hills and Southborough are the most affordable neighborhoods in Colorado Springs.
Neighborhood
Average Rent
Average Sq Ft
Which Colorado Springs neighborhoods have the most rentals available?
The neighborhoods in Colorado Springs with the most apartments available are East Colorado Springs, North Colorado Springs and West Colorado Springs .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Colorado Springs, CO?
Because the average rent in Colorado Springs is $1,297, you’ll want to make about $4,323 per month or $51,876 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Colorado Springs, CO is 2.1% higher than the national average. Generally, housing in Colorado Springs is 10.1% more expensive than the national average, with rent falling between $1,119 - $2,013. You can expect to pay 2.5% more for groceries, 23.5% less for utilities, and 4.0% less for transportation.
How does Colorado Springs, CO compare to other nearby cities and neighborhoods?
Use the tool below to compare Colorado Springs, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Nearby City Rent Trends
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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 September 2025.
* Percentages may not total 100 due to rounding.