Cortland Peterson
5704 Ella Vw,
Colorado Springs, CO 80915
1-3 Beds | $1,673 - $2,961
Rental Market Trends in Colorado Springs, CO
Updated August 2026
The average rent in Colorado Springs, CO is $1,307/month.
Rent in Colorado Springs is 21% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,307/month
Average Rent
671 Sq Ft
Average Size
+1%
Change / Year
5,356
Available Apartments
Colorado Springs rent varies by unit size and layout:
- Studio apartments in Colorado Springs average $1,109 per month.
- One-bedroom apartments in Colorado Springs average $1,307 per month.
- Two-bedroom apartments in Colorado Springs average $1,609 per month.
- Three-bedroom apartments in Colorado Springs average $2,053 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Colorado Springs, CO?
In the past year, rent has increased by 1%, which averages out to $13 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Colorado Springs, CO
August 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
24%
$700 - $1,000/month
39%
$1,001 - $1,500/month
26%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Colorado Springs?
Based on current rent prices, Spring Creek, Cragmoor and Knob Hill are the most affordable neighborhoods in Colorado Springs.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Colorado Springs?
Based on current rent prices, Kissing Camels, Downtown Colorado Springs and Trailridge are the most expensive 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 $1,307, you’ll want to make about $4,356 per month or $52,272 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 0.4% higher than the national average. Generally, housing in Colorado Springs is 1.0% more expensive than the national average, with rent falling between $1,109 - $2,053. You can expect to pay 3.1% more for groceries, 20.4% less for utilities, and 3.5% 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.
View the Colorado Springs Area GuideStudio
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-
One Bedroom
-
$1,531/month
Two Bedroom
-
$2,070/month
Three Bedroom
-
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Colorado Springs?
The average rent in Colorado Springs is $1,307 per month, which is 21.4% lower than the national average of $1,663.
What is the average rent for a house in Colorado Springs?
The average rent for a house in Colorado Springs, CO is $2,285 per month.
What is the average rent for a townhome in Colorado Springs?
The average rent for a townhome in Colorado Springs, CO is $1,802 per month.
What is the average rent for a condo in Colorado Springs?
The average rent for a condo in Colorado Springs, CO is $1,120 per month.
Are rents going up or down in Colorado Springs?
Rents in Colorado Springs, CO are increasing, with prices up 1.0% year-over-year and $13 more per month.
What rent range is most common in Colorado Springs?
In Colorado Springs, CO, 39% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 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.
* Percentages may not total 100 due to rounding.