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Homes & Apartments for Rent in Monument, CO 80132

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What to Know About

Life in Monument & Beyond

Monument shares many of the great qualities that make Colorado a desirable place to live.

Colorado boasts towering mountain peaks, expansive mesas, and tranquil hot springs making Colorado a beautiful backdrop for any visitor. Immerse yourself in the state's rich history and culture by visiting iconic landmarks like the Colorado History Museum and the Red Rocks Amphitheater. And for those seeking academic excellence, you have some of the most respected universities in the country, such as the University of Colorado Boulder, Colorado State University, and the University of Denver, making it an excellent place for education and research.

Sports fans rejoice as Colorado is home to professional teams, the Denver Broncos (NFL), the Colorado Avalanche (NHL), to Colorado Rockies (MLB), and Denver Nuggets (NBA). There is a team for everyone. For outdoor enthusiasts, the state offers a range of experiences, from world-class skiing and snowboarding to adrenaline-pumping mountain biking to peaceful fishing in high-altitude lakes. In addition, discover popular attractions like the Royal Gorge Bridge and Park, the Garden of the Gods, and the historic town of Telluride.

Embrace the Rocky Mountain State and discover why Colorado's breathtaking natural beauty, bustling cities, and endless excitement possibilities make it the perfect place to call home.

Rental Market Trends

Monument, CO

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As of October 2026, Monument's rental market is competitive, with rentals spending about 32 days on the market, faster than in Colorado (35), and rents about flat over the past year. Monument's average rent is 23.0% ($445) higher than the Colorado average of $1,936 and 14.4% ($299) higher than the U.S. average of $2,082.

Average Rent
$2,381
Monthly ChangeMonth Over Month Change
Increased0.10% ($2)
Yearly ChangeYear Over Year Change
Increased0.1% ($2)
Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,706 Increased0.03% ($1) Decreased1.1% ($19)
2 Beds $2,213 Increased0.45% ($10) Increased2.1% ($46)
3 Beds $2,879 Decreased0.24% ($7) Decreased0.1% ($4)
Nearby Cities Average Rent Avg. Rent vs. MonumentAverage Rent vs. Monument Days on Market
Palmer Lake $1,904 Decreased20.0% ($477) 35 days
Green Mountain Falls $1,796 Decreased24.6% ($585) 33 days
Woodland Park $2,017 Decreased15.3% ($364) 33 days
Colorado Springs $1,762 Decreased26.0% ($619) 34 days
Peyton $2,404 Increased1.0% ($23) 31 days
Based on rentals advertised on RentalSource in and around Monument.
Frequently Asked Questions
Monument Rental Market FAQs

Explore rental prices, market conditions, and affordability in Monument, CO.

The average rent in Monument, CO is about $2,381 per month.
In Monument, the average rent is about $1,706 per month for a 1-bedroom home, about $2,213 for a 2-bedroom home and about $2,879 for a 3-bedroom home.
The average rent in Monument is 14.4% ($299) higher than the national average of $2,082 per month.
The rental market in Monument, CO is currently competitive, with rentals spending about 32 days on the market, faster than in Colorado (35), and rents about flat over the past year.
Based on the current averages, a household would need an annual income of about $88,500 to comfortably afford a 2-bedroom home in Monument.
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