Colorado Springs, CO Rental Market
Colorado Springs is one of the most significant military cities in the United States, home to the US Air Force Academy, Schriever Space Force Base, Peterson Space Force Base, Fort Carson Army installation, and NORAD/NORTHCOM headquarters. This extraordinary military concentration creates a massive and reliable tenant base of active-duty personnel, veterans, and defense contractors — supplemented by a growing cybersecurity and aerospace tech sector that has diversified the economy beyond its military roots.
Get a rent estimate for an address in Colorado SpringsAverage Rent in Colorado Springs, CO
$1,480
per month · 2026-06
Market Score
Key Facts — Colorado Springs, CO Rental Market
- Average rent in Colorado Springs, CO:$1,480/mo
- Median rent:$1,362/mo
- Rent range:$750 – $3,250/mo
- Most common rental (2 bedrooms):$1,300/mo
- Active listings:2,200
- Avg days to lease:28 days
- Year-over-year change:+3.5%
- Median home value:$350,000
- Est. gross annual yield:5.1%
- Data as of:2026-06
Rent by Bedroom in Colorado Springs, CO
Average monthly rent for each bedroom type based on current active listings in Colorado Springs.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,075/mo |
2 Bedrooms | $1,300/mo |
3 Bedrooms | $1,650/mo |
4 Bedrooms | $2,050/mo |
5 Bedrooms | $2,350/mo |
Colorado Springs Rental Market Statistics
Key indicators from the current Colorado Springs, CO rental market.
2,200
Available now in Colorado Springs
28
From list to lease
$1.14
Average across listings
1,300 sq ft
Typical rental size
$750 – $3,250
Min to max active listings
+3.5%
Avg rent vs. prior year
Investing in Colorado Springs, CO Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$350,000
Typical purchase price in Colorado Springs
Est. Gross Annual Yield
5.1%
Before expenses & vacancy
Avg Monthly Income
$1,480
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Colorado Springs for a full cash-flow breakdown including all costs.
Colorado Springs, CO Rental Market FAQ
Common questions about renting and investing in Colorado Springs, CO.
What is the average rent in Colorado Springs, CO?
The average rent in Colorado Springs, CO is $1,480 per month as of 2026. One-bedroom apartments average $1,075/mo, two-bedrooms average $1,300/mo, and three-bedroom homes average $1,650/mo. Neighborhoods near the US Air Force Academy and North Powers Boulevard corridor command the highest rents, while Central and Southeast Colorado Springs offer the most affordable options.
Is Colorado Springs, CO a good place to invest in rental property?
Colorado Springs delivers a 5.1% estimated gross yield with strong 3.5% year-over-year rent growth. The military presence — USAF Academy, Schriever SFB, Peterson SFB, and Fort Carson — provides an exceptionally stable tenant base with housing allowances. A growing defense tech and cybersecurity sector (Northrop Grumman, Lockheed Martin, L3Harris) adds high-income civilian employment, and outdoor recreation draws a continuous stream of new residents.
How competitive is the Colorado Springs, CO rental market?
Colorado Springs has over 2,200 active listings and averages 28 days on market. Military PCS (Permanent Change of Station) season in late spring and early summer creates a predictable surge in demand that active landlords can plan around. Properties near the Air Force Academy, Briargate, and the Powers Boulevard corridor lease fastest, while the Fountain and Security-Widefield areas offer more affordable inventory near Fort Carson.
Ready to Analyze a Property in Colorado Springs?
Get an instant rent estimate, cash-flow projection, and comparable rentals for any address in Colorado Springs, CO.
Analyze Now — It's Free