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Average Rent in Colorado Springs, CO

Home  »  CO  »  Colorado Springs

Current Versus Historical Colorado Springs, CO Rents

Colorado Springs rentals average $885 for a studio rental to $2,695 for a 4-bedroom rental. The median price of all currently available listings is $1,700, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $98 (-11.01%) year-over-year from $893 to $795. 1-bedroom rentals prices have decreased by $873 (-43.21%) year-over-year from $2,021 to $1,148. 2-bedroom rentals prices have decreased by $219 (-12.60%) year-over-year from $1,739 to $1,520. 3-bedroom rentals prices have increased by $37 (1.66%) year-over-year from $2,213 to $2,250. 4-bedroom rentals prices have increased by $18 (0.70%) year-over-year from $2,532 to $2,550. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 7.56% this month. 1-bedroom rents have gone down by 8.81% this month. 2-bedroom rents have gone down by 1.08% this month. 3-bedroom rents have gone up by 4.29% this month. 4-bedroom rents have gone up by 4.07% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.29 $795 $893 (-11.01%) $828 (-4.02%)
1 BR $1.87 $1,148 $2,021 (-43.21%) $1,460 (-21.40%)
2 BR $1.51 $1,520 $1,739 (-12.60%) $1,628 (-6.63%)
3 BR $1.31 $2,250 $2,213 (1.66%) $1,931 (16.53%)
4+ BR $1.04 $2,550 $2,532 (0.70%) $2,233 (14.20%)

Historical Rents in Colorado Springs, CO

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Colorado Springs



Let's compare Colorado Springs, CO's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Colorado Springs



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Colorado Springs

The average rent for rentals in these counties is $2,333. That's roughly around $2 per sqft. The county that is the most affordable is El Paso, CO. It's average rent per month is $1,795. Vice versa, with an average rent of $2,870, Douglas, CO is the most expensive county by Colorado Springs, CO.

Typically, rent for studios in Colorado Springs, CO is 48.95% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Colorado Springs, CO is 42.46% more affordable than other counties nearby. Finally, rent for two bedrooms in Colorado Springs, CO is 34.92% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
El Paso, CO $904 $1,001 $1,475 $1,795
Douglas, CO N/A $1,920 $2,505 $2,870

Top Zipcodes Near Colorado Springs



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Colorado Springs Average Rents

What is the average rent price in Colorado Springs, CO?
The average monthly rental price for Colorado Springs, CO apartments for rent is approximately $1,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Colorado Springs, CO rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Colorado Springs, CO.
How much is a studio apartment in Colorado Springs, CO?
The average monthly rental price for studio apartments is $885 and an average price per square feet of $2.29. There are a total of 11 studio apartment listings currently available for rent in Colorado Springs.
How much is a one bedroom apartment in Colorado Springs, CO?
The average monthly rental price for one bedroom apartments is $1,025 and an average price per square feet of $1.87. There are a total of 70 one bedroom apartment listings currently available for rent in Colorado Springs.
How much is a two bedroom apartment in Colorado Springs, CO?
The average monthly rental price for two bedroom apartments is $1,475 and an average price per square feet of $1.51. There are a total of 90 two bedroom apartment listings currently available for rent in Colorado Springs.
How have rent prices in Colorado Springs, CO changed this year?
Rent prices for rentals in Colorado Springs, CO can fluctuate yearly. Specifically, studio rental prices have changed by -0.11%, one bedroom rental prices have changed by -0.43%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in Colorado Springs, CO?
A reasonable rent price in Colorado Springs, CO is around $1,360/month. You can search for these reasonably priced rental listings on RentHop.
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