4 Days Ago
Location
224 N Institute St #1, Colorado Springs, CO 80903, USA|Memorial Park
Tour 224 N Institute St #1
Contact
TriStar Property Management
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Amenities for 224 N Institute St #1, Memorial Park
Features
| Air Conditioning | Central Heat |
| Dryer | Furnished |
| Heating | Mirrors |
| Washer |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range | Refrigerator |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 224 N Institute St #1
Home
Apartments in Colorado SpringsMemorial Park 224 N Institute St #1, Colorado Springs, CO 80903, USA
Apartments in Colorado SpringsMemorial Park 224 N Institute St #1, Colorado Springs, CO 80903, USAUpper level 2 bedroom, 2 bath condo in the heart of downtown Colorado Springs. Fully equipped kitchen with custom built cabinets and gorgeous countertops. Yes, there is central AC and a washer/dryer in this home. Sorry, no pets. There is a one-time lease administration fee of $69. Participation in the Resident Benefits Package is optional and, if elected, is billed at $35 per month. Qualifying criteria: 600 or above (individual credit score), and income should be at least 2X the monthly rent. Management is a dedicated fair housing provider and will assist all persons without regard to race, color, creed, sex, religion, national origin, familial status, marital status, handicap, ancestry, or any other protected class as defined by state and federal fair housing laws. Applicant has the right to provide TriStar Property Management 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 TriStar Property Management with a PTSR, TriStar Property Management is prohibited from: a) charging Applicant a rental application fee; or b) charging Applicant a fee for TriStar Property Management to access or use the PTSR.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 224 N Institute St, Colorado Springs, CO 80903, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Central heat
- This address offers a climate controlled environment
- Images available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Neighborhood | Memorial Park |
|---|---|
| Zip code | 80903 |
| Type | Condo for rent |
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Rent trends in Memorial Park
2-bedroom apartments at 224 N Institute St #1 cost about 2% more than the average rent price for 2-bedroom apartments in Colorado Springs.
Median rents as of Jun 20 2026.
Memorial Park
Colorado Springs
| Month | Median Rent |
|---|---|
| July 2024 | $1,522 |
| August 2024 | $1,547 |
| September 2024 | $1,523 |
| October 2024 | $1,549 |
| November 2024 | $1,538 |
| December 2024 | $1,500 |
| January 2025 | $1,500 |
| February 2025 | $1,500 |
| March 2025 | $1,473 |
| April 2025 | $1,384 |
| May 2025 | $1,409 |
| June 2025 | $1,447 |
| July 2025 | $1,489 |
| August 2025 | $1,497 |
| September 2025 | $1,477 |
| October 2025 | $1,479 |
| November 2025 | $1,445 |
| December 2025 | $1,408 |
| January 2026 | $1,408 |
| February 2026 | $1,403 |
| March 2026 | $1,441 |
| April 2026 | $1,414 |
| May 2026 | $1,476 |
| June 2026 | $1,494 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,417 |
| August 2024 | $1,613 |
| September 2024 | $1,583 |
| October 2024 | $1,567 |
| November 2024 | $1,224 |
| December 2024 | $1,484 |
| January 2025 | $1,381 |
| February 2025 | $1,280 |
| March 2025 | $1,315 |
| April 2025 | $1,520 |
| May 2025 | $1,452 |
| June 2025 | $1,240 |
| July 2025 | $1,308 |
| August 2025 | $1,376 |
| September 2025 | $1,304 |
| October 2025 | $1,270 |
| November 2025 | $1,243 |
| December 2025 | $1,243 |
| January 2026 | $1,111 |
| February 2026 | $1,101 |
| March 2026 | $1,062 |
| April 2026 | $1,262 |
| May 2026 | $1,373 |
| June 2026 | $1,453 |
Affordability calculator
Can I afford to live at 224 N Institute St #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$62,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 2-bedrooms monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $1,550 | 2 bed | 0 bath | ||
| 1 year ago | $1,550 | 2 bed | 2 bath |
Schools near 224 N Institute St #1
Colorado School for the Deaf & Blind
33 n institute st
colorado springs, CO, 80903
PK, K-12Public
Columbia Elementary School
835 east st vrain st
colorado springs, CO, 80903
PK, K-5Public
B
Buena Vista Elementary School
924 w pikes peak ave
colorado springs, CO, 80905
PK, K-5Public
B
Aspire Online Academy
1860 south chelton rd
colorado springs, CO, 80910
K-12Public
Aspen Child Development Center
4356 funk ave
fort carson, CO, 80913
PK, KPublic
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Internet available near 224 N Institute St #1
Getting around Colorado Springs near 224 N Institute St #1
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 224 N Institute St #1, Colorado Springs
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
4/10
Some bars within a few minutes’ walk
Other units at this address
224 N Institute St, Colorado Springs, CO
224 N Institute St Colorado Springs, CO
Occupied
2 Beds, – Baths
2 Beds
– Baths
$1,550
Furnished • Air Conditioning • In-Unit Laundry
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