Colorado Springs rents and rental comps
The median asking rent across 19 Colorado Springs zip codes is $1,647/month, up 2.2% from a year ago.
All the Colorado lifestyle draws at a fraction of Denver's price tag. A massive military presence creates a baseline of rental demand, and everyone priced out of Denver is looking south. They aren't going back.
Median Asking Rent
$1,647
Rent Change (YoY)
+2.2%
Avg Days on Market
13
Active Rental Listings
7,725
Median List Price
$445,000
Median Asking Rent Over Time
Average across 19 zip codes
Median Asking Rent by ZIP Code
Rental Listings by ZIP Code
ZIP | Median Rent |
|---|---|
| 80925 | $2,400/mo |
| 80911 | $2,230/mo |
| 80922 | $2,144/mo |
| 80924 | $2,082/mo |
| 80915 | $1,890/mo |
| 80923 | $1,865/mo |
| 80921 | $1,828/mo |
| 80920 | $1,800/mo |
| 80903 | $1,769/mo |
| 80919 | $1,650/mo |
| 80906 | $1,625/mo |
| 80918 | $1,530/mo |
| 80917 | $1,524/mo |
| 80916 | $1,514/mo |
| 80907 | $1,475/mo |
| 80904 | $1,467/mo |
| 80905 | $1,302/mo |
| 80910 | $1,295/mo |
| 80909 | $999/mo |
Comps for any address in Colorado Springs
Type the address, get the comps. No setup.
Median Asking Rent by Bedroom
| Unit Size | Median Rent |
|---|---|
| Studio | $1,049/mo |
| 1 Bedroom | $1,353/mo |
| 2 Bedroom | $1,710/mo |
| 3 Bedroom | $2,190/mo |
| 4 Bedroom | $2,495/mo |
Aggregated median across all Colorado Springs zip codes with available data.
For-Sale Listings by ZIP Code
| ZIP | Median List Price |
|---|---|
| 80921 | $725,000 |
| 80924 | $660,000 |
| 80919 | $565,000 |
| 80920 | $535,000 |
| 80906 | $525,000 |
| 80904 | $485,000 |
| 80923 | $459,900 |
| 80903 | $450,000 |
| 80925 | $450,000 |
| 80922 | $445,000 |
| 80918 | $435,000 |
| 80905 | $425,000 |
| 80907 | $400,000 |
| 80909 | $387,000 |
| 80915 | $387,000 |
| 80911 | $375,000 |
| 80917 | $375,000 |
| 80910 | $325,000 |
| 80916 | $325,000 |
HUD Fair Market Rents
| 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 |
HUD publishes Fair Market Rents once a year for the Colorado Springs metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.
About the Colorado Springs rental market
The median asking rent across Colorado Springs, CO sits at $1,647/month, pulled from active rental listings in 19 zip codes. That's up 2.2% from a year ago.
Rents aren't uniform across the city. ZIP 80925 tops the list at $2,400/month. ZIP 80909 comes in lowest at $999/month. That's a 140% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.
A 2-bedroom rents for $1,710/month at the median. 1-bedrooms run about $1,353. 3-bedrooms come in around $2,190.
Rental listings here lease fast. Average time on market is 13 days. Mispriced units still sit, but a fair-market price moves quickly.
Rent-to-price math is tight in Colorado Springs. The gross figure sits at about 4.4% ($1,647/month against $445,000 median price). Most investors here are betting on appreciation, not monthly cash flow.
HUD's Fair Market Rent for a 2-bedroom in the Colorado Springs metro is $1,620/month. Asking rents track close to the federal benchmark, within 2%.
Colorado Springs has five military installations, including Fort Carson, Peterson Space Force Base, and the Air Force Academy. That presence creates a constant rotation of renters, and Springs is one of the most military-dependent rental markets in the country. The city also catches 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 military renters concentrate. Meaningfully cheaper than Denver, which matters for investors who want Colorado exposure. Military demand gives you a rental floor that civilian-only markets don't have.
These numbers are city-wide averages. If you're pricing a specific property in Colorado Springs, pull comps from the same zip code. The spread is usually bigger than people expect.
Pull rental comps for an address in Colorado Springs
City-wide medians are the headline. The comps that actually price a property come from the block it's on. Search any Colorado Springs address to see them.
Nearby rental markets
Denver, CO
17 zip codes
Phoenix, AZ
22 zip codes
Salt Lake City, UT
15 zip codes
Las Vegas, NV
17 zip codes
Boise, ID
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Tucson, AZ
17 zip codes
Related guides
How to find rental comps
What rental comps actually are, what makes one good or weak, and how to use them to price a rental without guessing.
What is fair market rent?
What HUD's fair market rent actually means, how it ties into Section 8, and when it should change how you price a rental.
How Section 8 payment standards work
The three numbers landlords mix up, the 90 to 110 percent band, and a worked example of what the voucher actually pays.