Studio Apartment Rent in Monument, CO
Median asking rent for a studio apartment in Monument, Colorado as of July 2026. That's +23% lower than the citywide median of $2,148 and +28% above the national studio median of $1,290.
Income needed for a studio in Monument
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Monument
Compare Monument's median rent across every apartment size.
Cheapest cities for a studio in Colorado
| # | City | Studio rent |
|---|---|---|
| 1 | Sterling | $720 |
| 2 | Alamosa | $790 |
| 3 | Clifton | $840 |
| 4 | Montrose | $880 |
| 5 | Cortez | $910 |
| 6 | Pueblo | $912 |
| 7 | Manitou Springs | $920 |
| 8 | Grand Junction | $1,008 |
| 9 | Rifle | $1,050 |
| 10 | Granby | $1,060 |
| 11 | Woodland Park | $1,090 |
| 12 | Greeley | $1,100 |
| 13 | Fruita | $1,110 |
| 14 | Evans | $1,160 |
| 15 | Glenwood Springs | $1,230 |
Most expensive cities for a studio in Colorado
| # | City | Studio rent |
|---|---|---|
| 1 | Highlands Ranch | $2,170 |
| 2 | Cherry Creek | $2,130 |
| 3 | Morrison | $2,000 |
| 4 | Commerce City | $1,940 |
| 5 | Greenwood Village | $1,930 |
| 6 | Lone Tree | $1,880 |
| 7 | Thornton | $1,878 |
| 8 | Castle Rock | $1,870 |
| 9 | Evergreen | $1,860 |
| 10 | Littleton | $1,850 |
| 11 | Parker | $1,840 |
| 12 | Broomfield | $1,840 |
| 13 | Castle Pines | $1,820 |
| 14 | Meridian | $1,818 |
| 15 | Erie | $1,810 |
Nearby cities — studio rent
Considering nearby alternatives? 4 of these cities have cheaper studio rents than Monument.
| City | Distance | Studio rent | vs Monument |
|---|---|---|---|
| Castle Rock, CO | 15.3 mi | $1,870 | +$220 (+13%) |
| Colorado Springs, CO | 15.8 mi | $1,342 | $-308 (-19%) |
| Woodland Park, CO | 19.2 mi | $1,090 | $-560 (-34%) |
| Manitou Springs, CO | 19.6 mi | $920 | $-730 (-44%) |
| Castle Pines, CO | 23.9 mi | $1,820 | +$170 (+10%) |
| Security-Widefield, CO | 25.4 mi | $1,300 | $-350 (-21%) |
| Peyton, CO | 25.6 mi | $1,760 | +$110 (+7%) |
| Parker, CO | 29 mi | $1,840 | +$190 (+12%) |
| Lone Tree, CO | 30.1 mi | $1,880 | +$230 (+14%) |
| Cherry Creek, CO | 30.4 mi | $2,130 | +$480 (+29%) |
| Meridian, CO | 31.2 mi | $1,818 | +$168 (+10%) |
| Highlands Ranch, CO | 31.4 mi | $2,170 | +$520 (+32%) |
Studio rent in Monument — common questions
How much is a studio apartment in Monument?
As of July 2026, the median studio apartment rent in Monument, Colorado is $1,650 per month. This is +23% below the citywide median of $2,148.
What income do you need to afford a studio in Monument?
Using the standard 30% rent-to-income rule, you would need an annual income of about $66,000 ($5,500/month gross), which works out to roughly $31.73/hour at a full-time job.
Is Monument expensive for a studio compared to the rest of the US?
Monument's studio median of $1,650 is +28% above the national studio median of $1,290. It ranks in the 73th percentile of US cities tracked.
How does Monument rank for studio rent in Colorado?
Among the 63 cities in Colorado with studio data, Monument ranks #40 from cheapest to most expensive.
Are there cheaper studio options near Monument?
Yes — nearby cities with cheaper studio rents include Colorado Springs ($1,342), Woodland Park ($1,090), Manitou Springs ($920).