Current rent levels, year-over-year trends, and inventory data for the Colorado Springs rental market, so owners can price and plan with real numbers instead of guesswork.
Data current as of August 2026Figures are pulled from multiple third-party rental data providers, which use different sampling methods and typically don't agree exactly — ranges below reflect that spread.
Colorado Springs metro, per Zumper's August 2026 rent report.
| Unit Type | Average Rent | Year-Over-Year |
|---|---|---|
| Studio | $937 | -10% |
| 1 Bedroom | $1,100 | +19% |
| 2 Bedroom | $1,499 | +2% |
| 3 Bedroom | $2,200 | +1% |
| 4+ Bedroom | $2,626 | +4% |
Colorado Springs is coming off a four-year apartment construction boom — more than 14,800 units were added since 2022, more than the entire 2000–2021 period combined, with downtown alone growing 30% year-over-year. That wave of new supply pushed rents down through 2025, with the average falling below $1,400 by year-end for the first time since 2021, and landlords leaning on concessions like six to eight weeks free rent to fill units.
That construction slowdown began in 2024, and by mid-2026 the market is absorbing the extra supply: downtown occupancy is approaching 85–90%, concessions are fading as buildings fill up, and rents have leveled off — essentially flat over the past year across most data sources, with early signs of renewed growth in some segments.
Single-family homes continue to outperform apartments, houses make up roughly 58% of active rental listings, and homes near Fort Carson and Peterson Space Force Base command a 5–10% premium over comparable properties elsewhere in the metro, with near-base occupancy around 94%. Metro population is projected to reach roughly 716,000 by the end of 2026, and analysts expect a sustainable ~2.8% annual rent growth pace going forward, rather than a return to pandemic-era spikes.
Figures are third-party estimates provided for general informational purposes and are not a substitute for a property-specific rental analysis.
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