Median rents, rental comps, and market trends across 17 zip codes in Colorado Springs, CO.
All the Colorado lifestyle draws at a fraction of Denver's price tag. Massive military presence creates consistent baseline rental demand, and everyone who got priced out of Denver is looking south. They're not going back.
Median Asking Rent
$1,517
Rent Change (YoY)
-2.7%
Avg Days on Market
12
Active Rental Listings
6,826
Median List Price
$449,900
Average across 17 zip codes
ZIP | Median Rent |
|---|---|
| 80925 | $2,375/mo |
| 80911 | $2,200/mo |
| 80922 | $2,100/mo |
| 80924 | $1,867/mo |
| 80920 | $1,820/mo |
| 80903 | $1,713/mo |
| 80906 | $1,649/mo |
| 80915 | $1,620/mo |
| 80919 | $1,599/mo |
| 80916 | $1,415/mo |
| 80918 | $1,399/mo |
| 80917 | $1,385/mo |
| 80907 | $1,351/mo |
| 80904 | $1,295/mo |
| 80910 | $1,250/mo |
| 80905 | $1,216/mo |
| 80909 | $950/mo |
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| Unit Size | Median Rent |
|---|---|
| Studio | $1,025/mo |
| 1 Bedroom | $1,160/mo |
| 2 Bedroom | $1,550/mo |
| 3 Bedroom | $2,134/mo |
| 4 Bedroom | $2,450/mo |
Aggregated median across all Colorado Springs zip codes with available data.
| ZIP | Median List Price |
|---|---|
| 80921 | $775,000 |
| 80924 | $669,000 |
| 80919 | $585,000 |
| 80906 | $550,000 |
| 80920 | $549,000 |
| 80904 | $470,000 |
| 80925 | $462,447 |
| 80918 | $450,000 |
| 80922 | $450,000 |
| 80923 | $449,900 |
| 80903 | $438,000 |
| 80907 | $407,990 |
| 80911 | $390,000 |
| 80909 | $389,900 |
| 80905 | $383,000 |
| 80915 | $380,000 |
| 80917 | $370,000 |
| 80916 | $340,000 |
| 80910 | $325,000 |
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $1,120/mo |
| 1 Bedroom | $1,370/mo |
| 2 Bedroom | $1,620/mo |
| 3 Bedroom | $2,250/mo |
| 4 Bedroom | $2,560/mo |
Fair Market Rents are published annually by HUD for the Colorado Springs metropolitan area. Local housing authorities use these to set Section 8 voucher payment standards, typically between 90% and 110% of the FMR.
The median asking rent across Colorado Springs, CO is currently $1,517/month, based on active rental listings across 17 zip codes. Median asking rents have decreased by -2.7% over the past 12 months.
Asking rents vary significantly across the city. ZIP 80925 has the highest median asking rent at $2,375/month, while ZIP 80909 comes in at $950/month.
Rental listings in the area spend an average of 12 days on market before being leased, indicating strong renter demand.
The HUD Fair Market Rent for a 2-bedroom in the Colorado Springs metro area is $1,620/month. Current median asking rents are near or below the FMR for this area.
Colorado Springs has five military installations, including Fort Carson, Peterson Space Force Base, and the Air Force Academy. That military presence provides a constant rotation of renters — it's one of the most military-dependent rental markets in the country. The city also benefits from Denver spillover, with people and companies moving south for lower costs. The Broadmoor area and the west side are premium. Southeast and the areas around Fort Carson are where a lot of military renters look. It's meaningfully cheaper than Denver, which matters for investors looking at Colorado exposure. The military demand gives you a floor of consistent rental activity that civilian-only markets don't have.
Want to look up rental comps and rent estimates for a specific property in Colorado Springs? PropMetrics lets you search any address and get detailed rental data instantly.
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What rental comps are, what makes a good one, and how to use them to price your rental property accurately.
Fair market rent, Section 8, HUD... what does it all mean? A straightforward breakdown of how it works and why it matters.
A step-by-step guide to pricing your rental so it rents quickly without leaving money on the table.