Whether you own a rental property or manage a portfolio, or are a renter trying to figure out what your money gets you in today's market — the numbers on this page are for you. Colorado Springs rental prices, vacancy rates, and rental demand all shift throughout the year. Knowing where the market stands right now matters whether you're setting rent, evaluating a new investment, or comparing housing costs before signing a lease. We update this data monthly from real MLS transactions, so you're always looking at what's actually happening in the Colorado Springs rental market — not last year's estimates.
Colorado Springs rents have held steady as one of the more grounded rental markets among major Front Range cities — but the numbers tell a more nuanced story than that headline suggests.
This page tracks real rental prices pulled directly from MLS leased data, updated every month. The stats cover various property types — from studio apartments and single-family homes to townhouses and condominiums — across the Colorado Springs metro and surrounding communities including Fountain, Peyton, and Monument.
Whether you're researching monthly rent before signing a lease, comparing the local cost of living to other metro areas, or evaluating rental trends to make a smarter investment decision, the data here comes from actual closed transactions — not estimates, not surveys.
Scroll down for a full breakdown by bedroom count, property type, community, and quarterly trend.
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Total number of properties successfully leased in the current reporting month.
Cumulative properties leased across the entire region year-to-date.
The exact middle pricing point of all active residential assets this month.
The absolute minimum and maximum rental prices tracked this month.
While total square footage defines a property’s size, bedroom count dictates its utility. In real estate investment, bedroom configuration is the primary driver of rental value and tenant demographics. Moving from a one-bedroom to a two-bedroom often yields the sharpest premium increase as it opens the market to roommates and small families, while larger multi-bedroom properties command top-tier pricing anchored to localized school districts and neighborhood demand.
Perfect for young professionals and couples, representing dense urban/suburban baseline apartments.
The highly competitive sweet spot for small families, roommates, and remote workers needing a home office.
Traditional single-family layouts or premium townhomes, drawing established long-term local tenants.
Large suburban properties offering premium space and commanding higher monthly rent returns.
Expansive multi-generational spaces or luxury rental assets moving at custom market velocities.
The absolute ceiling for massive residential options, reflecting maximum pricing layouts.
While a property’s location determines its desirability, its structural type dictates its financial performance. In real estate investment, property types represent a strategic trade-off between cash flow and appreciation. Standalone Single-Family homes generally command top-tier rental rates and superior long-term asset appreciation driven by traditional homebuyers. Conversely, multi-family structures like Townhouses and Apartments offer investors dense operational efficiency and lower vacancy risk, serving as highly predictable income generators.
Detached single-family residential properties, offering maximum privacy and traditional neighborhood footprints.
Attached multi-story rental options, combining low-maintenance community living with multi-level configurations.
Individually owned residential condominium layouts managed across various local developments.
Traditional multi-family attached apartment complex residential units and community rentals.
While macroeconomic data gives a pulse on regional health, real estate performance is ultimately defined by hyper-local boundaries. In property investment, submarkets represent distinct ecosystems driven by localized anchors. Suburbs positioned near military installations or major employment centers benefit from consistent, high-velocity tenant demand, while premium northern corridors command top-tier pricing tied directly to school districts and suburban estate demand. Analyzing rental returns by community allows investors and residents to see exactly where supply and demand intersect across the region.
When buying an investment property, the surrounding school district is a critical driver of your long-term bottom line. Highly rated school zones create a built-in economic safety net by attracting high-quality, reliable tenants. Families prioritize educational stability, which directly translates to lower vacancy rates, longer lease terms, and reduced turnover costs for landlords. Furthermore, properties in top-tier districts hold their value remarkably well during market downturns and experience stronger appreciation during economic booms because parental demand is perpetual. This fierce competition allows investors to command premium rental rates and enjoy steady cash flow. Ultimately, targeting a strong school district is less about the classrooms and more about mitigating risk, securing asset protection, and guaranteeing a highly profitable exit strategy.
Disclaimer:Information relating to real estate on this website comes from the Internet Data Exchange (IDX) program of the elevateMLS™ (formerly PPMLS™). All data and statistics are deemed reliable but are not guaranteed accurate by the MLS and should be independently verified. The information provided herein is exclusively for consumers' personal, non-commercial use.
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