Home
Renter Life
Apartment List Blog
|
Renter Life
Concierge Icon
Start Your Colorado Springs Apartment Search
How many bedrooms do you need?
0
studio
1
1 bed
2
2 bed
3+
3+ bed
Concierge Icon
Start Your Colorado Springs Apartment Search
How many bedrooms do you need?
0
studio
1
1 bed
2
2 bed
3+
3+ bed
Share this Article

Average Rent in Colorado Springs & Rent Price Trends

By: Kimi Kaneshina and Rob Warnock
June 3, 2021

Considering a move to Colorado Springs? Before you start apartment hunting, learn about the local rental market. Make sure you know the average rent in Colorado Springs to get your budget started!

Average Rent in Colorado Springs

Colorado Springs rents have increased by 2.79% compared to last month, and are up by 12.34% compared to last year.

For a broader discussion of rent changes across the country, check out our National Rent Report. You can download the raw data containing rent estimates for hundreds of cities across the country.

  • 2% of apartments in Colorado Springs cost less than $1,000 per month.
  • 85% of apartments in Colorado Springs cost between $1,000-$1,999 per month.
  • 11% of apartments in Colorado Springs cost between $2,000-$2,999 per month.
  • 2% of apartments in Colorado Springs cost over $3,000 per month.

  • 1% of apartments in Colorado Springs are studio apartments.
  • 41% of apartments in Colorado Springs are 1-bedroom apartments.
  • 41% of apartments in Colorado Springs are 2-bedroom apartments.
  • 17% of apartments in Colorado Springs are 3-bedroom apartments.

What Salary Do You Need to Live in Colorado Springs?

Using the 30% rule, we can give a rough estimate of the salary needed to rent an apartment in Colorado Springs. If these numbers look high, remember that a roommate or two can drastically cut down your monthly rent!

  • If you are renting an average priced studio apartment in Colorado Springs, your annual salary should be around $60,012 or higher.
  • If you are renting an average priced 1-bedroom apartment in Colorado Springs, your annual salary should be around $54,576 or higher.
  • If you are renting an average priced 2-bedroom apartment in Colorado Springs, your annual salary should be around $63,720 or higher.
  • If you are renting an average priced 3-bedroom apartment in Colorado Springs, your annual salary should be around $74,556 or higher.

If you're considering renting in Colorado Springs, be sure to learn more about the cost of living in Colorado Springs. Then, compare it with the overall cost of living in Colorado and cost of living in Denver.

Having trouble deciding how much rent you can afford? Try using a rent calculator.

Ready to make the move to Colorado Springs? Start apartment hunting in Colorado Springs with our quiz!

Share this Article

AUTHOR
Kimi is a Content Associate and contributing author at Apartment List, helping renters find a new place to call home. Kimi earned her BA in Organizational Studies, Economics from Scripps College. Read More
SENIOR RESEARCH ASSOCIATE
Rob is a senior research associate at Apartment List, where he examines trends in the housing and rental markets. Previously he worked in public health policy, and before that, graduated from UCLA with a degree in Globalization. Read More
Next Up
Cost of Living in Colorado Springs, CO 2021
7 Best Places to Live in Colorado
Average Rent in Boulder & Rent Price Trends

Apartments for Rent in Our Top Cities

Atlanta, GA Apartments