Homes for Rent in 80923

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What to Know About

Living in 80923

Colorado Springs is a remarkable city located at the base of the Rocky Mountains, known for its spectacular natural beauty and outdoor recreation opportunities. With the United States Air Force Academy located here, it's also a hub of military activity. Colorado Springs is a destination for those who love adventure and enjoy the stunning scenery. Outdoor enthusiasts will love the city's many parks and trails, such as the Garden of the Gods, a natural city park with incredible red rock formations, and Pikes Peak Summit, where visitors can take in breathtaking views of the surrounding mountains. Other popular destinations include the Cheyenne Mountain Zoo and the Seven Falls, set in a stunning canyon.

But Colorado Springs isn't just for nature lovers. The city is also renowned for its vibrant downtown scene, with excellent dining, shopping, and entertainment options. For history buffs, Colorado Springs has plenty of museums to explore, including the U.S. Olympic & Paralympic Museum and the Colorado Springs Pioneers Museum, where visitors can learn about the city's past and its role in shaping the West.

Colorado Springs is a great place to live with its many amenities, top-notch quality of life, stunning natural beauty, and dynamic atmosphere.

Rental Market Trends

Colorado Springs, CO

As of February 2026, Colorado Springs's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Colorado Springs's average rent is 18.4% ($339) lower than the Colorado average of $1,842 and 14.3% ($250) lower than the U.S. average of $1,753.

Average Rent
$1,503
Monthly ChangeMonth Over Month Change
Decreased0.4% ($6)
Yearly ChangeYear Over Year Change
Decreased9% ($149)
Avg. Days on MarketAverage Days on Market
22
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,225 Decreased1% ($12) Decreased12.1% ($169)
2 Beds $1,557 Decreased0.6% ($10) Decreased9.5% ($163)
3 Beds $2,037 Increased0.2% ($5) Decreased8.9% ($199)
Nearby Cities Average Rent Avg. Rent vs. Colorado SpringsAverage Rent vs. Colorado Springs Avg. Days on MarketAverage Days on Market
Manitou Springs $1,229 Decreased18.2% ($274) 23 days
Fountain $1,859 Increased23.7% ($356) 21 days
Peyton $1,747 Increased16.2% ($244) 20 days
Monument $1,879 Increased25% ($376) 20 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Colorado Springs Rental Market FAQs

Explore rental prices, market trends, and availability in Colorado Springs, CO.

The average rent in Colorado Springs, CO is $1,503 per month.
Homes in Colorado Springs typically rent for between $858 and $2,648 per month, with an average of $1,503 per month.
In Colorado Springs, the average rent for a 1-bedroom home is $1,225 per month, for a 2-bedroom home, $1,557 per month, and a 3-bedroom home is $2,037 per month.
The average rent in Colorado Springs is 14.3% ($250) lower than the national average of $1,753 per month.
The average rent in Colorado Springs has decreased by 0.4% ($6) in the last month and decreased by 9.0% ($149) over the past year.
The rental market in Colorado Springs, CO, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Colorado Springs, CO, the average rental stays on the market for approximately 22 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 933 rental properties available in Colorado Springs, CO.
Based on the current averages, a household would need an annual income of $62,280 to comfortably afford a 2-bedroom home in Colorado Springs.
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