Market Trends

Average Rent in Colorado Springs in 2026: A Military-Driven Market

July 23, 2026 · 5 min read

Rent figures in this article are point-in-time estimates as of July 23, 2026, based on editorial market research — not a live calculation from current listings. Actual asking rents change over time and vary by unit. Browse current listings in Colorado Springs

Colorado Springs sits at the center of one of the most concentrated multi-branch military regions in the country, which shapes its rental market on a predictable annual calendar. Rent trackers here show real disagreement by neighborhood age and location — here's the honest range.

Citywide Averages for Colorado Springs

What renters are seeing across major rent trackers in 2026:

  • Studio: $947–$1,196/mo
  • 1-bedroom: $1,100–$1,464/mo
  • 2-bedroom: $1,495–$1,735/mo
  • 3-bedroom: $2,026–$2,413/mo

El Paso County uses ZIP-level HUD Fair Market Rents rather than one countywide figure, so the ranges above reflect real cross-source disagreement as well as underlying ZIP variation.

Rent by Neighborhood

  • Old North End: avg. $1,749/mo — a National Register Historic District since 1982, one of only two Colorado Springs neighborhoods with mature 100-year-old hardwood trees.
  • Downtown Colorado Springs: avg. $1,637/mo — the historic civic core around Acacia Park, currently mid-redevelopment.
  • Broadmoor: avg. $1,618/mo — built around the historic Broadmoor resort hotel, opened in 1918, only annexed into the city in 1980.
  • Old Colorado City: avg. $1,528/mo — founded in 1859 as the area's first permanent settlement and briefly the Colorado Territorial capital, now a National Historic District.
  • Knob Hill: avg. $1,053/mo — a dense, central neighborhood that has organically become an arts district, with nearly 60 murals along East Platte Avenue.
  • Wolf Ranch: avg. $2,749/mo — the city's newest and most expensive tracked area, a master-planned community on former ranch land built around a 14-acre lake.

Five Military Installations Anchor the Market

Colorado Springs hosts Fort Carson, Peterson Space Force Base, Schriever Space Force Base, Cheyenne Mountain Space Force Station, and the U.S. Air Force Academy. Fort Carson alone reports roughly 57,220 family members, the large majority living off-post, making it Colorado's third-largest employer behind only the state government and Denver International Airport. Because permanent-change-of-station orders cluster heavily in the summer, a large share of local rental demand turns over on a predictable annual calendar tied to military relocations rather than typical seasonal patterns.

Colorado Springs Renter Tips

  • Look up your specific ZIP code on HUD's Small Area Fair Market Rent tool. El Paso County prices rent by ZIP, and secondary sources here disagreed by $200–$700 per bedroom size depending on the aggregator.
  • Older, central neighborhoods run roughly a third the price of the newest suburbs. Knob Hill and Pikes Peak Park sit near $1,040–$1,053, versus $2,749 in the newest master-planned development, Wolf Ranch.
  • Avoid house-hunting May through August if your move date is flexible. Rental inventory tightens and competition rises seasonally, tied specifically to the local PCS calendar.

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