23 Hours Ago
Highlights
- Finished basement
- Central ac
- Huge yard
Location
7228 Waterman Way, Colorado Springs, CO 80922, USA|Springs Ranch
Tour 7228 Waterman Way
Contact
MileStone Real Estate Services
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Property Overview
Located just a short distance from essential amenities, this property offers convenience with a grocery store and top-rated schools within walking distance. Notable features include pet-friendly outdoor spaces and nearby pet services, enhancing its appeal. It is positioned favorably in terms of value for money compared to other local properties, making it a compelling option in the area.
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
Middle school nearby- Less expensive
- Elementary school nearby
Great for
Pet owners
Amenities for 7228 Waterman Way, Springs Ranch
Features
| Fireplace | Sprinkler System |
Appliances
| In-Unit Laundry | Washer and Dryer |
Grounds
| Outdoor Space | Yard |
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 7228 Waterman Way
This 2 story home has an finished basement and a huge yard. 3 bedrooms are located upstairs including the master bedroom with an ensuite 5 piece bathroom. The main level has a living room with new luxury vinyl plank and a gas fireplace. The kitchen, laundry, and a half bath is also on the main level. There is a secondary living area in the basement, a full bathroom, and the fourth bedroom. The home has a 3 car garage! This home has 1900 square feet, built in 1999, and is located in School District 49. The home has central AC and a large fenced in backyard. There is hook ups for a washer and dryer and the tenant is responsible for all utilities. Dogs and cats allowed. If approved, there is a $300 Deposit per pet plus $35 per month added to rent per pet. As with all homes managed by MileStone Real Estate, any type of smoking or vaping is not allowed in the home or garage, and the growth of marijuana is strictly prohibited in or on the premises. 11 month lease. Minimum acceptable credit score of 650. Monthly income requirement is 2 times the amount of rent. Please call for additional qualification details and to schedule a showing. We do not rent our homes sight unseen. MileStone RES is an Agent for the owner and works with tenants as the customer. MileStone RES is an equal housing provider and does business in accordance with Federal and State Fair Housing Law. Applicant has the right to provide MileStone RES 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 MileStone RE with a PTSR, MileStone RES is prohibited from: (a) charging Applicant a rental application fee; or (b) charging Applicant a fee for MileStone RES 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 7228 Waterman Way compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Springs Ranch |
|---|---|
| Zip code | 80922 |
| Type | House for rent |
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Rent trends in Springs Ranch
4-bedroom apartments at 7228 Waterman Way cost about 4% less than the average rent price for 4-bedroom apartments in Colorado Springs.
Median rents as of Jun 13 2026.
Springs Ranch
Colorado Springs
| Month | Median Rent |
|---|---|
| June 2024 | $2,595 |
| July 2024 | $2,511 |
| August 2024 | $2,480 |
| September 2024 | $2,448 |
| October 2024 | $2,397 |
| 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 | $2,550 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,448 |
| July 2024 | $2,450 |
| August 2024 | $2,450 |
| September 2024 | $2,375 |
| October 2024 | $2,249 |
| November 2024 | $2,427 |
| December 2024 | $2,425 |
| February 2025 | $2,414 |
| March 2025 | $2,461 |
| April 2025 | $2,562 |
| May 2025 | $2,691 |
| June 2025 | $2,608 |
| July 2025 | $2,522 |
| August 2025 | $2,477 |
| September 2025 | $2,454 |
| October 2025 | $2,393 |
| November 2025 | $2,312 |
| December 2025 | $2,286 |
| January 2026 | $2,440 |
| February 2026 | $2,432 |
| March 2026 | $2,578 |
| April 2026 | $2,509 |
| May 2026 | $2,557 |
| June 2026 | $2,490 |
Affordability calculator
Can I afford to live at 7228 Waterman Way?
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
$94,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $94,000 annually to afford this 4-bedrooms monthly rent price of $2,350.
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.| 11 months ago | $2,350 |
Schools near 7228 Waterman Way
Remington Elementary School
2825 pony tracks dr
colorado springs, CO, 80922
PK, K-5Public
B-
Springs Studio for Academic Excellence
6113 constitution ave
colorado springs, CO, 80915
K-12Public
B-
Allies
6275 bridlespur ave
colorado springs, CO, 80922
2-5Public
C-
Inspiration View Elementary School
9233 vista del pico blvd
colorado springs, CO, 80927
PK, K-5Public
C+
Legacy Peak Elementary School
8701 wolf valley dr
colorado springs, CO, 80920
PK, K-5Public
B
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Internet available near 7228 Waterman Way
Neighborhood
Springs Ranch | Colorado Springs, CO
Getting around Colorado Springs near 7228 Waterman Way
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 7228 Waterman Way, Colorado Springs
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
2/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
4/10
At least one high school within a 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
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