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Rental Market Trends in Monument, CO

What is the average rent in Monument, CO?

$1,550/month

Average Rent

761 Sq Ft

Average Apartment Size

-4%

Decrease in the Last Year

As of April 2026, the average rent in Monument, CO is $1,550 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Monument rent prices are 6% lower than the national average. When you rent an apartment in Monument, you can expect to pay about per month for a studio, $1,550 for a one-bedroom apartment, and around $1,875 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,272 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,550/month
761 Sq Ft
Two Bedroom
$1,875/month
1,113 Sq Ft
Three Bedroom
$2,272/month
1,325 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,710/month
2,077 Sq Ft
Four Bedroom
$3,268/month
3,220 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 Monument, CO?

In the past year, rent has decreased by 4%, which averages out to $61 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Monument, CO
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Monument, CO
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Monument is $1,550, you’ll want to make about $5,166 per month or $61,992 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.

City

Monument, CO

48 Available Apartments for Rent

Search for Nearby Apartments

How does Monument, CO compare to other nearby cities and neighborhoods?

Use the tool below to compare Monument, 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 Monument, CO

Apartment Averages

Nearby City Rent Trends

  • Woodland Park Average Rent
  • Colorado Springs Average Rent
  • Manitou Springs Average Rent

Apartment communities in Monument we think you'll love

Vistas at Jackson Creek

Vistas at Jackson Creek

16112 Old Forest Point,
Monument, CO 80132

$1,451 - $4,993 Total Monthly Price

1-3 Beds

Marq at Monument Ridge

Marq at Monument Ridge

15329 Monument Ridge Ct,
Colorado Springs, CO 80921

$1,121 - $3,739 Total Monthly Price

Studio - 2 Beds

968 Burning Bush Point

968 Burning Bush Point

968 Burning Bush Point,
Monument, CO 80132

$2,345 Total Monthly Price

3 Beds

16353 Cattle Crk Ct

16353 Cattle Crk Ct

16353 Cattle Crk Ct,
Monument, CO 80132

$3,700 Total Monthly Price

4 Beds | 12 Month Lease

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United States Colorado Monument 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