How much does it cost to rent in Colorado Springs, CO?

As of July 2026, the median monthly rent in Colorado Springs, CO is $1,739. This figure is based on aggregated data from public sources and community-submitted rents.

Is Colorado Springs cheaper than other Colorado cities?

Colorado Springs is among the more affordable cities in Colorado, ranking #55 out of 66 cities at $1,739/mo.

When was Colorado Springs rent data last updated?

Colorado Springs rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

Luis Olmos / Unsplash

City Report · CO

Colorado Springs

Name: Average Rent Prices in Colorado Springs, CO
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 487,887·55th most expensive in Colorado·Rental market data updated monthly for Colorado Springs, CO

Median rent (all units)

$1,739/mo

Year-over-Year

+3.8%

Month-over-Month

+0.9%

vs US Median

-$226

Rising (Monthly)

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Most AffordableMost Expensive

Colorado Springs · $1,739

More affordable than 58% of US cities · National median $1,965/mo

Rent Reality Score

73/100

Good value

OverheatedFairGreat value

Rents are 12% below what Colorado Springs's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,739/mo

Expected by trend

$1,970/mo

The Rent Reality Score compares today's median rent to where Colorado Springs's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,342

1 BR

$1,621

2 BR

$1,960

3 BR

$2,745

4 BR+

$3,142

Research median

$1,960/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$20,868/yr

At $1,739/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.8% YoY, +0.9% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Colorado Springs, CO is majority owner-occupied, 42.7% of residents hold a bachelor's degree or higher.

Population

487,887

Median income

$84,818

Median age

35.7

Renters

39.1%

Age distribution

21.8%

27.1%

25.1%

15.1%

Under 1821.8%

18–3427.1%

35–5425.1%

55–6410.8%

65+15.1%

Gender

50%

Male50%

Female50%

Race & ethnicity

69.6%

19.3%

White69.6%

Black5.7%

Hispanic19.3%

Asian3%

Other2.4%

Education (25+)

19.3%

32.6%

42.7%

No HS diploma5.4%

HS diploma19.3%

Some college32.6%

Bachelor's+42.7%

Housing tenure

60.9%

39.1%

Owner60.9%

Renter39.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Colorado Springs, CO has changed in 5 years

Rent

$1,448 → $1,739

up 20.1%

Income

$71,957 → $84,818

up 17.9%

Population

475,282 → 487,887

up 2.7%

Renter share

39% → 39.1%

+0.1 pts

Bachelor's+

40.2% → 42.7%

+2.5 pts

Median age

34.9 → 35.7

+0.8 yrs

The median rent in Colorado Springs, CO stood at $1,448 in 2021 and currently runs about $1,739, reflecting a 20.1% increase over the period. Local incomes tracked alongside that move, going from a median of $71,957 in 2021 to $84,818 more recently. The population has grown by 2.7% since 2021, moving from about 475,282 residents to roughly 487,887. College-educated residents now make up 42.7% of adults here, versus 40.2% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Colorado Springs, CO market of 2021.

Community

Discussions about Colorado Springs

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View Colorado Springs rent history (2015–2026) →

Salary vs rent

Can you afford rent in Colorado Springs on your salary?

At $1,739/mo, how Colorado Springs rent compares to typical pay (30% rule).

Registered Nurse

Avg $99,204/yr · Rent = 21% income

affordable

Elementary School Teacher

Avg $70,434/yr · Rent = 29.6% income

affordable

Police Officer

Avg $81,134/yr · Rent = 25.7% income

affordable

Software Developer

Avg $145,016/yr · Rent = 14.4% income

very comfortable

Lawyer

Avg $185,294/yr · Rent = 11.3% income

very comfortable

Firefighter

Avg $65,951/yr · Rent = 31.6% income

stretched

Truck Driver

Avg $59,546/yr · Rent = 35% income

stretched

Electrician

Avg $73,395/yr · Rent = 28.4% income

affordable

By apartment size

Colorado Springs rent by bedroom count

Median rent for each apartment size in Colorado Springs. Click any size for full breakdown.

Local insights

Tips for renters in Colorado Springs

About renting in Colorado Springs, CO

Last updated: July 20, 2026

The median rent in Colorado Springs is $1,739/mo as of July 2026. A studio apartment averages $1,342/mo while a 2-bedroom runs $1,960/mo. One-bedroom apartments average $1,621/mo and 3-bedroom units go for $2,745/mo.

At 25% of local median household income ($84,818/yr), Colorado Springs ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.

FAQ

Frequently asked questions

Is Colorado Springs an affordable city for renters?

Colorado Springs is considered affordable for renters. At $1,739/mo, rent takes approximately 25% of the local median household income ($84,818/yr). The standard benchmark is 30%. Colorado Springs falls comfortably within that range.

How much income do you need to rent in Colorado Springs?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,739/mo in Colorado Springs. The local median household income is $84,818/yr, meaning the typical Colorado Springs household meets that threshold.

Is rent going up or down in Colorado Springs?

Rent in Colorado Springs has increased 3.8% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Colorado Springs neighborhoods have the lowest rent?

The most affordable ZIP codes in Colorado Springs are 80909 ($1,215/mo), 80917 ($1,385/mo), and 80916 ($1,441/mo). Citywide, the median rent in Colorado Springs is $1,739/mo.

How does Colorado Springs rent compare to other cities in Colorado?

Colorado Springs is one of the more affordable cities in Colorado for rent, ranking #55 out of 66 tracked cities at $1,739/mo.

Which nearby cities are cheaper to rent in than Colorado Springs?

Manitou Springs is nearby and more affordable at $1,323/mo, which is $416 less than Colorado Springs.

What percentage of Colorado Springs residents rent vs. own?

According to Census data, approximately 39.1% of Colorado Springs households are renters, while 60.9% are owner-occupied. Colorado Springs leans toward homeownership, which can mean a smaller rental inventory.

How does Colorado Springs rent compare to the national average?

Colorado Springs's median rent of $1,739/mo is $226 (12%) below the US national median of $1,965/mo. Within Colorado, it ranks #55 out of 66 tracked cities.

Income Affordability

25%

AFFORDABLE

At $1,739/mo, rent takes ~25% of Colorado Springs's median household income ($84,818/yr). The standard benchmark is 30%.

Colorado Springs 25%Benchmark 30%

State income tax4.4%

Run the Colorado Springs affordability calculator →

Nearby cities