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Rental Market Trends in Colorado Springs, CO

What is the average rent in Colorado Springs, CO?

$1,302/month

Average Rent

671 Sq Ft

Average Apartment Size

-1.7%

Decrease in the Last Year

As of March 2026, the average rent in Colorado Springs, CO is $1,302 per month. This is 20% lower than the national average rent of $1,627/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 $1,056 per month for a studio, $1,302 for a one-bedroom apartment, and around $1,578 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,050 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,056/month
445 Sq Ft
One Bedroom
$1,302/month
671 Sq Ft
Two Bedroom
$1,578/month
980 Sq Ft
Three Bedroom
$2,050/month
1,232 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,100/month
445 Sq Ft
Two Bedroom
$1,803/month
1,052 Sq Ft
Three Bedroom
$2,254/month
1,710 Sq Ft
Four Bedroom
$2,651/month
2,429 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,204/month
504 Sq Ft
Two Bedroom
$1,531/month
867 Sq Ft
Three Bedroom
$1,857/month
1,479 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,591/month
699 Sq Ft
Two Bedroom
$1,865/month
1,176 Sq Ft
Three Bedroom
$2,232/month
1,647 Sq Ft
Four Bedroom
$2,499/month
2,248 Sq Ft

How much has average rent changed in Colorado Springs, CO?

In the past year, rent has decreased by 1.7%, which averages out to $21 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Colorado Springs, CO
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Colorado Springs, CO
Percentage*
Rent Range
5% Below $700/month
24% $700 - $1,000/month
39% $1,001 - $1,500/month
27% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Colorado Springs?

Based on current rent prices, Audubon Gardens, Knob Hill and Spring Creek are the most affordable neighborhoods in Colorado Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Audubon Gardens
$860/month
475 Sq Ft
Knob Hill
$929/month
592 Sq Ft
Spring Creek
$930/month
599 Sq Ft
Divine Redeemer
$940/month
536 Sq Ft
Cherry Hills
$942/month
586 Sq Ft
Northridge
$953/month
491 Sq Ft
Crestmoor Park
$984/month
640 Sq Ft
Stratton Meadows
$1,007/month
544 Sq Ft
Eastcrest
$1,018/month
523 Sq Ft
Palmer Park
$1,025/month
612 Sq Ft

What are the most expensive neighborhoods in Colorado Springs?

Based on current rent prices, Saddleback Estates, Old Farm and Citygate are the most expensive neighborhoods in Colorado Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Saddleback Estates
$2,085/month
800 Sq Ft
Old Farm
$2,070/month
803 Sq Ft
Citygate
$2,021/month
749 Sq Ft
Trailridge
$1,988/month
774 Sq Ft
Stetson Hills
$1,937/month
753 Sq Ft
Kissing Camels
$1,932/month
696 Sq Ft
Cordera
$1,811/month
743 Sq Ft
Downtown Colorado Springs
$1,804/month
721 Sq Ft
Rustic Hills
$1,800/month
716 Sq Ft
Cheyenne Hills
$1,799/month
818 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Colorado Springs
$1,340/month
652 Sq Ft
North Colorado Springs
$1,485/month
683 Sq Ft
West Colorado Springs
$1,675/month
703 Sq Ft
Downtown Colorado Springs
$1,804/month
721 Sq Ft
Hillside
$1,781/month
723 Sq Ft
Cimarron Hills
$1,739/month
710 Sq Ft
Rustic Hills
$1,800/month
716 Sq Ft
Park Hill
$1,096/month
635 Sq Ft
Palmer Park
$1,025/month
612 Sq Ft
Gateway Park
$1,278/month
660 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Colorado Springs, CO?

Because the average rent in Colorado Springs is $1,302, you’ll want to make about $4,340 per month or $52,080 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 0.8% higher than the national average. Generally, housing in Colorado Springs is 2.4% more expensive than the national average, with rent falling between $1,056 - $2,050. You can expect to pay 3.0% more for groceries, 20.7% less for utilities, and 0.7% less for transportation.

City

Colorado Springs, CO

5,576 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Colorado Springs, CO

Apartment Averages

Audubon Gardens

Colorado Springs, CO

Saddleback Estates

Colorado Springs, CO

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
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Nearby City Rent Trends

  • Manitou Springs Average Rent
  • Monument Average Rent

Apartment communities in Colorado Springs we think you'll love

Cortland Grand River

Cortland Grand River

7755 Kaleb G...,
Colorado Springs, CO 80920

$1,334 - $5,736 Total Monthly Price

1-3 Beds

Cortland Powers North

Cortland Powers North

5850 Welkin Cir,
Colorado Springs, CO 80917

$1,450 - $5,427 Total Monthly Price

1-2 Beds

Polaris Junction

Polaris Junction

185 Polaris Point Loop,
Colorado Springs, CO 80921

$1,502 - $2,408 Total Monthly Price

1-3 Beds

Experience at Epicenter

Experience at Epicenter

655 S Sierra Madre St,
Colorado Springs, CO 80903

$1,236 - $4,211 Total Monthly Price

Studio - 2 Beds

Property Management Companies in Colorado Springs, CO

Griffis/Blessing
Griffis/Blessing
  • 33

    Communities

  • 5,449

    Units

  • 7

    Cities

25 Communities in Colorado Springs
Greystar
Greystar
  • 3,486

    Communities

  • 956,753

    Units

  • 893

    Cities

22 Communities in Colorado Springs
AMC
AMC
  • 626

    Communities

  • 125,316

    Units

  • 245

    Cities

17 Communities in Colorado Springs
Avanti Residential
Avanti Residential
  • 36

    Communities

  • 7,542

    Units

  • 19

    Cities

15 Communities in Colorado Springs
American Capital Realty Group
American Capital Realty Group
  • 25

    Communities

  • 3,256

    Units

  • 8

    Cities

14 Communities in Colorado Springs
Priderock Capital Partners LLC
Priderock Capital Partners LLC
  • 40

    Communities

  • 12,228

    Units

  • 31

    Cities

6 Communities in Colorado Springs
Atlas Real Estate Group
Atlas Real Estate Group
  • 12

    Communities

  • 534

    Units

  • 6

    Cities

6 Communities in Colorado Springs
Mission Rock Residential
Mission Rock Residential
  • 93

    Communities

  • 23,122

    Units

  • 68

    Cities

5 Communities in Colorado Springs

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United States Colorado Colorado Springs Rental Trends

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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity