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Rental Market Trends in Colorado Springs, CO

What is the average rent in Colorado Springs, CO?

$1,303/month

Average Rent

671 Sq Ft

Average Apartment Size

-1.4%

Decrease in the Last Year

As of May 2026, the average rent in Colorado Springs, CO is $1,303 per month. This is 21% lower than the national average rent of $1,642/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 $1,043 per month for a studio, $1,303 for a one-bedroom apartment, and around $1,589 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,036 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,043/month
438 Sq Ft
One Bedroom
$1,303/month
671 Sq Ft
Two Bedroom
$1,589/month
980 Sq Ft
Three Bedroom
$2,036/month
1,232 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$980/month
423 Sq Ft
Two Bedroom
$1,819/month
1,158 Sq Ft
Three Bedroom
$2,343/month
1,747 Sq Ft
Four Bedroom
$2,796/month
2,491 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,084/month
633 Sq Ft
Two Bedroom
$1,514/month
885 Sq Ft
Three Bedroom
$1,823/month
1,377 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,530/month
628 Sq Ft
Two Bedroom
$1,818/month
1,237 Sq Ft
Three Bedroom
$2,229/month
1,540 Sq Ft

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

In the past year, rent has decreased by 1.4%, which averages out to $18 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Colorado Springs, CO
Last Updated May 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
38% $1,001 - $1,500/month
28% $1,501 - $2,000/month
4% 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, Divine Redeemer, Spring Creek and Knob Hill are the most affordable neighborhoods in Colorado Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Divine Redeemer
$886/month
552 Sq Ft
Spring Creek
$922/month
580 Sq Ft
Knob Hill
$956/month
622 Sq Ft
Colorado Springs Airport
$960/month
671 Sq Ft
Stratton Meadows
$963/month
546 Sq Ft
Palmer Park
$1,014/month
591 Sq Ft
Pleasant Valley
$1,037/month
582 Sq Ft
Village Seven
$1,080/month
613 Sq Ft
Eastborough
$1,088/month
610 Sq Ft
Park Hill
$1,090/month
632 Sq Ft

What are the most expensive neighborhoods in Colorado Springs?

Based on current rent prices, Trailridge, Old Farm and Kissing Camels are the most expensive neighborhoods in Colorado Springs.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Trailridge
$2,255/month
781 Sq Ft
Old Farm
$2,082/month
792 Sq Ft
Kissing Camels
$1,992/month
704 Sq Ft
Stetson Hills
$1,866/month
764 Sq Ft
Downtown Colorado Springs
$1,828/month
729 Sq Ft
Mesa
$1,789/month
701 Sq Ft
Briargate
$1,728/month
750 Sq Ft
Rustic Hills
$1,727/month
729 Sq Ft
Cheyenne Hills
$1,721/month
844 Sq Ft
West Colorado Springs
$1,716/month
715 Sq Ft

Which Colorado Springs neighborhoods have the most rentals available?

The neighborhoods in Colorado Springs with the most apartments available are North Colorado Springs, East Colorado Springs and West Colorado Springs .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Colorado Springs
$1,482/month
688 Sq Ft
East Colorado Springs
$1,332/month
658 Sq Ft
West Colorado Springs
$1,716/month
715 Sq Ft
Downtown Colorado Springs
$1,828/month
729 Sq Ft
Cimarron Hills
$1,701/month
715 Sq Ft
Rustic Hills
$1,727/month
729 Sq Ft
Park Hill
$1,090/month
632 Sq Ft
Gateway Park
$1,256/month
673 Sq Ft
Palmer Park
$1,014/month
591 Sq Ft
Village Seven
$1,080/month
613 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 $1,303, you’ll want to make about $4,343 per month or $52,116 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 $1,043 - $2,036. 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

5,750 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

Divine Redeemer

Colorado Springs, CO

Trailridge

Colorado Springs, CO

Studio
$851/month
-
One Bedroom
$904/month
$1,498/month
Two Bedroom
$1,172/month
$1,839/month
Three Bedroom
$1,425/month
$2,641/month
Search
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Nearby City Rent Trends

  • Manitou Springs 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

$1,454 - $5,730 Total Monthly Price

1-3 Beds

Lodge at Black Forest

Lodge at Black Forest

7761 Bear Run,
Colorado Springs, CO 80924

$1,470 - $1,884 Plus Fees

1-3 Beds

Cortland Powers North

Cortland Powers North

5850 Welkin Cir,
Colorado Springs, CO 80917

$1,526 - $6,214 Total Monthly Price

1-2 Beds

Polaris Junction

Polaris Junction

185 Polaris Point Loop,
Colorado Springs, CO 80921

$1,532 - $2,377 Total Monthly Price

1-3 Beds

Property Management Companies in Colorado Springs, CO

Griffis/Blessing
Griffis/Blessing
  • 33

    Communities

  • 5,515

    Units

  • 7

    Cities

26 Communities in Colorado Springs
Greystar
Greystar
  • 3,507

    Communities

  • 965,041

    Units

  • 893

    Cities

22 Communities in Colorado Springs
AMC
AMC
  • 606

    Communities

  • 121,571

    Units

  • 242

    Cities

17 Communities in Colorado Springs
Avanti Residential
Avanti Residential
  • 38

    Communities

  • 8,021

    Units

  • 20

    Cities

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

    Communities

  • 3,258

    Units

  • 8

    Cities

14 Communities in Colorado Springs
Priderock Capital Partners LLC
Priderock Capital Partners LLC
  • 44

    Communities

  • 13,780

    Units

  • 34

    Cities

6 Communities in Colorado Springs
The Garrett Companies
The Garrett Companies
  • 22

    Communities

  • 5,017

    Units

  • 13

    Cities

6 Communities in Colorado Springs
Atlas Real Estate Group
Atlas Real Estate Group
  • 16

    Communities

  • 972

    Units

  • 7

    Cities

6 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.

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.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity