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modified
Updated 17 Hours Ago

Highlights

  • Private entrance
  • Downtown area
  • No on-site laundry
  • Street parking only

Location

118 E Monument St, Colorado Springs, CO 80903, USA|Downtown Colorado Springs
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Contact

Management

DTG ENTERPRISES, INC.

Leasing office

(719) 684-3754

Property Overview

118 East Monument Street is rated highly overall, with strong marks for price, amenities, location, and trustworthiness, plus a solid quality score. Its downtown setting and excellent value for money stand out, along with convenient access to nearby points of interest and a top-rated high school within close reach.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 118 East Monument Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 118 East Monument Street has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby

Floor plans

1BR/1.0BA1 bed1 bath600 sqft$750 /mo1 unit availableNice 1 br/1ba unit in a Victorian house. Private entrance into the unit. Close to CC College, easy access to I-25, and in the downtown area. Nestled between N Tejon St and N Nevada St. NOTE: No laundry on-site. Street parking only Income 3x rent preferred. Apply now at: https www dtgenterprisesinc com

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Amenities for 118 East Monument Street

Appliances

RangeRefrigerator
Stove
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
Building details

Property details

Units8

About 118 East Monument Street

HomeApartments in Colorado SpringsDowntown Colorado Springs 118 East Monument Street

Nice 1 br/1ba unit in a Victorian house. Private entrance into the unit. Close to CC College, easy access to I-25, and in the downtown area. Nestled between N Tejon St and N Nevada St. NOTE: No laundry on-site. Street parking only Income 3x rent preferred. Apply now at: https www dtgenterprisesinc com


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 118 East Monument Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 118 East Monument Street has a number of attractive features—namely its Location— so you can be assured your rent will come with a high standard of living.
How we rated 118 East Monument Street
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 118 East Monument Street is a great option for renters looking for apartments in Downtown Colorado Springs. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 118 East Monument Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
118 East Monument Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 118 East Monument Street to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 118 East Monument Street compares to other nearby properties.

Positives

High school nearby
There is a high school 0.2 miles away

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Rent trends in Downtown Colorado Springs

1-bedroom apartments at 118 East Monument Street cost about 48% less than the average rent price for 1-bedroom apartments in Downtown Colorado Springs.

Median rents as of Oct 17 2026.
Downtown Colorado Springs
Colorado Springs
A table of studio rental data trends in Colorado Springs
MonthMedian Rent
November 2024$979
December 2024$1,179
January 2025$1,299
February 2025$1,191
March 2025$998
April 2025$900
May 2025$905
June 2025$899
July 2025$900
August 2025$938
September 2025$953
October 2025$896
November 2025$896
December 2025$965
January 2026$1,015
February 2026$990
March 2026$977
April 2026$947
May 2026$911
June 2026$935
July 2026$945
August 2026$912
September 2026$895
October 2026$899
A table of studio rental data trends in Downtown Colorado Springs
MonthMedian Rent
November 2024$1,517
December 2024$1,545
January 2025$1,552
February 2025$1,512
March 2025$1,304
April 2025$995
May 2025$1,016
March 2026$875
August 2026$783
September 2026$858
October 2026$858

Affordability calculator

Can I afford to live at 118 E Monument St?

Bedrooms

1 bedroom

Rent-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

$30,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 1-bedroom monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.

Schools near 118 East Monument Street

Colorado School for the Deaf & Blind

33 n institute st

colorado springs, CO, 80903

PK, K-12Public

Taylor Elementary School

900 east buena ventura st

colorado springs, CO, 80907

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

Spark Online Academy

2015 wickes rd

colorado springs, CO, 80919

K-10Public
B-
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Getting around Colorado Springs near 118 E Monument St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 118 E Monument St, Colorado Springs

Groceries

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

8/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Nightlife

8/10
Wide variety of bars within a few minutes' walk

Explore the area around 118 E Monument St

MX Market
119 E Pikes Peak Ave
Bread & Butter Neighborhood Market
602 S Nevada Ave
Garden of the Gods Market & Cafe
616 S Tejon 410 St
Safeway
2210 N Wahsatch Ave
King Soopers
1750 W Uintah St

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