Listed 5+ Days Ago
Location
403 Elmwood Dr, Colorado Springs, CO 80907, USA|Cragmoor
Tour 403 Elmwood Dr
Contact
Invested Property Management
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Property Overview
403 Elmwood Dr offers a mix of appealing features, practical benefits, and clear lifestyle fit. It may be especially attractive for buyers looking for a well-rounded home with notable details that support comfortable everyday living.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Covered parking- Images available
Great for
Pet owners
Amenities for 403 Elmwood Dr, Cragmoor
Features
| Air Conditioning |
Appliances
| In-Unit Laundry |
Community
| Dogs OK | Garage Attached |
Grounds
| Garage Parking | Outdoor Space |
Services
| On-Site Management |
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
Allowed
Cat Policy
Not allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
About 403 Elmwood Dr
Sweet deal!
This listing is 15% below the median price for 4 bedroom apartments in Cragmoor.
***Available Now!***(In-person tours only; no virtual tour options available)** Located at 403 Elmwood Dr Colorado Springs, CO 80907 Extra spacious four bedroom home bathed in natural light. Quick access to Colorado Springs Christian Schools and Austin Bluffs Parkway make this home extra convenient! Key Features: *Attached 1 Car Garage *Finished Basement *Low maintenance yard Additional Property Details: * Pet policy: Large and small dogs allowed; no cats; 1 dog considered on a case by case basis, must be at least 1 year of age or older and requires an additional deposit of $300 and monthly fee of $35. Any breed restrictions follow city or country restrictions if applicable. * All ESA or Service Animals must be disclosed in application and require a letter from a licensed mental health professional on letterhead with name, license number and signature. Failure to disclose may result in denial of application and termination of lease. * Smoking policy: All Invested Property Management properties are Non-Smoking Total Costs to Move In: * Application Fee: $60 per adult * Monthly Rent: $2,050 * Deposit: One Month’s Rent (could be increased 100% for lower qualified applicants at management company’s discretion) * Lease Administration Fee: $135 * Utilities Paid by Tenant: Water, sewer, trash, gas, electric, lawn care(variable by usage and prior usage is unknown by management company.) * Pet Fees: $35/month, $300 refundable deposit if applicable. * Renters/Liability Insurance: tenants are required to provide renter’s insurance to meet lease requirements, failure to provide coverage will result in a monthly general liability charge of $10.50/mo Per Colorado law HB 25-1090), this represents the maximum amount required to rent and enjoy the property. Application Process: ***All application fees are non-refundable**** *Offered by Invested Property Management. Visit our website, www.InvestedPM.com, for an online application and to view complete listing information. * We REQUIRE you or a representative to see the home IN-PERSON. We do not offer any virtual tour options. * We do full background checks and are seeking qualified, long-term residents. To view our rental criteria, visit our website: https investedpm com qualifications We do NOT accept any co-signers or guarantors. * Application Fee: $60.00 per adult and required for all adults that will reside in the home. * The security deposit is equal to one month's rent and is due at lease signing. A higher deposit may be required (increase by 100%) depending on the scoring outcome. * Once approved, a non-refundable Lease Administration fee of $135 is due with your first full months’ rent and security deposit to secure the property. *Prices and Availability subject to change. **Lease or Offer to Lease is not guaranteed until lease is mutually signed and deposits received. **IPM cannot guarantee information provided on 3rd party websites. *Applicant has the right to provide Invested Property Management with a Portable Tenant Screening Report (PTSR) that is not more than 30 days old, as defined in Section 38-12-902(2.5), Colorado Revised Statutes; and 2) if Applicant provided Invested Property Management with a PTSR, Invested Property Management is prohibited from a) charging Applicant a rental application fee; or b) charging Application a fee for Invested Property Management to access or use the PTSR *If a PTSR is provided, Invested Property Management reserves the right to run a new..
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 403 Elmwood Dr, Colorado Springs, CO 80907, USA compares to other nearby properties.
Positives
- Covered parking
- Garage, covered, or indoor parking is available at this address
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2.0 miles away
Address details
| Neighborhood | Cragmoor |
|---|---|
| Zip code | 80907 |
| Type | House for rent |
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Rent trends in Cragmoor
4-bedroom apartments at 403 Elmwood Dr cost about 15% less than the average rent price for 4-bedroom apartments in Colorado Springs.
Median rents as of Oct 31 2026.
Cragmoor
Colorado Springs
| Month | Median Rent |
|---|---|
| November 2024 | $2,400 |
| December 2024 | $2,412 |
| January 2025 | $2,483 |
| February 2025 | $2,449 |
| March 2025 | $2,499 |
| April 2025 | $2,570 |
| May 2025 | $2,611 |
| June 2025 | $2,605 |
| July 2025 | $2,599 |
| August 2025 | $2,525 |
| September 2025 | $2,495 |
| October 2025 | $2,458 |
| November 2025 | $2,400 |
| December 2025 | $2,400 |
| January 2026 | $2,484 |
| February 2026 | $2,495 |
| March 2026 | $2,497 |
| April 2026 | $2,500 |
| May 2026 | $2,542 |
| June 2026 | $2,529 |
| July 2026 | $2,543 |
| August 2026 | $2,528 |
| September 2026 | $2,512 |
| October 2026 | $2,488 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,363 |
| December 2024 | $2,400 |
Affordability calculator
Can I afford to live at 403 Elmwood Dr?
Bedrooms
4+ 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
$82,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $82,000 annually to afford this 4-bedrooms monthly rent price of $2,050.
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 | |||||
|---|---|---|---|---|---|
| 3 Beds, 2 Baths | 9 years ago | $1,450 | 3 bed | 2 bath | |
| 10 years ago | $1,450 | 3 bed | 2 bath | ||
| 3 Beds, 2 Baths | 10 years ago | $1,350 | 3 bed | 2 bath |
Schools near 403 Elmwood Dr
Edison Elementary School
3125 north hancock ave
colorado springs, CO, 80907
PK, K-5Public
B-
Spark Online Academy
2015 wickes rd
colorado springs, CO, 80919
K-10Public
B-
Briargate Preschool
1110 chapel hills dr
colorado springs, CO, 80920
PKPublic
Colorado School for the Deaf & Blind
33 n institute st
colorado springs, CO, 80903
PK, K-12Public
Buena Vista Elementary School
924 w pikes peak ave
colorado springs, CO, 80905
PK, K-5Public
B
Getting around Colorado Springs near 403 Elmwood Dr
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
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 403 Elmwood Dr, Colorado Springs
Groceries
6/10
Variety of groceries within a short drive
Shopping
6/10
Variety of shops within a short drive
Cafes
5/10
Variety of cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Nightlife
5/10
Variety of bars within a short drive
Other units at this address
403 Elmwood Dr, Colorado Springs, CO
403 Elmwood Dr Colorado Springs, CO
Occupied
3 Beds, 2 Baths
3 Beds
2 Baths
$1,450
Dishwasher • On-Site Laundry • Ceiling Fan • In-Unit Laundry • Air Conditioning
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