At $1,390/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,390 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Manitou Springs changed +5.1% over the year to September 2026. Across the 60 Colorado cities Zillow tracks, the typical change was +1.4%.
Rent has risen 4 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($85,000) is $2,125 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,880); a 4-bedroom is $2,150.
From Zillow's monthly rent index (ZORI) for Manitou Springs. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Manitou Springs, CO is majority owner-occupied, 57.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Manitou Springs, CO has changed in 5 years
On the earnings side, the typical household in Manitou Springs, CO now reports about $85,000, up from $65,703 in 2021. Headcount in the area went from 4,912 to 4,735 between 2021 and 2024, a 3.6% change. About 38.4% of households rent today, against 48.1% in 2021.
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Can you afford rent in Manitou Springs on your salary?
At $1,390/mo, how Manitou Springs rent compares to typical pay (30% rule).
Manitou Springs rent by bedroom count
Median rent for each apartment size in Manitou Springs. Click any size for full breakdown.
Tips for renters in Manitou Springs
Last updated: October 17, 2026
The median rent in Manitou Springs is $1,390/mo as of October 2026. A studio apartment averages $920/mo while a 2-bedroom runs $1,340/mo. One-bedroom apartments average $1,110/mo and 3-bedroom units go for $1,880/mo.
At 20% of local median household income ($85,000/yr), Manitou Springs ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.1% over the past year.
Frequently asked questions
How much income do you need to rent in Manitou Springs?
Is rent going up or down in Manitou Springs?
How does Manitou Springs rent compare to other cities in Colorado?
At $1,390/mo, rent takes ~20% of Manitou Springs's median household income ($85,000/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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