Welcome to this 3-bedroom, 2.5-bathroom, split-level home. As you enter, you are greeted with a living room that flows into the formal dining area, followed by the kitchen with a breakfast nook. The lower level has a large family room with a wood burning fireplace connected to the 2 car garage, a half bath and laundry area. The upper level has all 3 bedrooms and a full bathroom. Every bedroom is equipped with a ceiling fan. The large backyard is fully fenced in with a patio.
The home was built in 1987, it is 1,833 square feet, and located in School District 3. The tenant is responsible for all utilities. The home has AC. There are hook ups for the washer and dryer.
2 dogs allowed, but no cats. Pets must be 1 year or older. If approved, there is a $300 Deposit per pet plus $35 per month added to rent per pet.
As with all homes managed by MileStone Real Estate, any type of smoking or vaping is not allowed in the home or garage, and the growth of marijuana is strictly prohibited in or on the premises.
11 month lease. Minimum acceptable credit score of 650. Monthly income requirement is 2 times the amount of rent. We do not rent our homes sight unseen.
MileStone RES is an Agent for the owner and works with tenants as the customer.
MileStone RES is an equal housing provider and does business in accordance with Federal and State Fair Housing Law....
Applicant has the right to provide MileStone RES with a Portable Tenant Screening Report (PTSR) that is not more than 30 days old, as defined in 38-12-902 (2.5), Colorado Revised Statutes; and (2) if Applicant provides MileStone RE with a PTSR, MileStone RES is prohibited from: (a) charging Applicant a rental application fee; or (b) charging Applicant a fee for MileStone RES to access or use the PTSR.
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Property Summary
Property Type:
House
Rental Fee:
$2,195
Bedrooms:
3 beds
Bathrooms:
2.5 baths
Size:
1,833 sqft
Pets:
No cats
Laundry:
Hookups
Parking:
Garage
Available:
Now
ID:
84662591
Amenities
•Washer/Dryer Hookups
•Air Conditioning
•Balcony/Patio
•Ceiling Fan
•Fenced Yard
•Fireplace
Leasing Information
Fees
•Deposit $2,195 (mandatory, refundable, move-in).
Additional Details
This 3-bedroom, 2.5-bathroom house at 7355 Waterwheel St in Colorado Springs, CO 80911 rents for $2,195 a month. It has 1,833 square feet. 7355 Waterwheel St was advertised by MileStone Real Estate Services on October 28, 2026.
How the Rent Compares
At $2,195 a month, this house is close to the typical rent for 3-bedroom houses and townhouses in Colorado Springs (about $2,200).
Typical $2,200This home $2,195
$1,850$2,600
From 241 three-bedroom houses and townhouses listed in Colorado Springs on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$2,200Typical rent for 3-bedroom houses and townhouses in Colorado Springs
Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$87,800 /year
With your chosen rent-to-income ratio, an annual income of $87,800 is recommended to comfortably afford this 3-bedroom rental priced at $2,195 per month.
