4 Days Ago
Location
118 E Monument St, Colorado Springs, CO 80903, USA|Downtown Colorado Springs
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Property Overview
118 East Monument Street is rated highly with an overall Zumper score of 8.6, reflecting its competitive pricing and strong amenities. Located in a vibrant downtown area, it offers exceptional proximity to top-rated middle and high schools, making it a convenient choice for various lifestyles. The property showcases trustworthiness and a commitment to quality, ensuring a clear understanding of the living experience it offers.
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.
Things you’ll love
Less expensive- High school nearby
- Middle school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 620 sqft | $800 /mo | 1 unit available | 1Br/1Ba in a converted Victorian downtown. On-street parking. Newer carpet and paint. Spacious living room with French-style doors leading to the bedroom. Large walk-in pantry with sunroom. Close to Colorado College. Easy access to I-25. New carpet and paint! 3x income preferred. Apply now at: https www dtgenterprisesinc com |
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Amenities for 118 East Monument Street
Appliances
| Range | Refrigerator |
| 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
Building details
Property details
| Units | 8 |
|---|
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About 118 East Monument Street
1Br/1Ba in a converted Victorian downtown. On-street parking. Newer carpet and paint. Spacious living room with French-style doors leading to the bedroom. Large walk-in pantry with sunroom. Close to Colorado College. Easy access to I-25. New carpet and paint! 3x income 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.
8.6
/10
Very GoodWith a solid 8.6 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 Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
118 East Monument Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.2 mile away
- Middle school nearby
- There is a middle school 1 mile away
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Rent trends in Downtown Colorado Springs
1-bedroom apartments at 118 East Monument Street cost about 26% less than the average rent price for 1-bedroom apartments in Downtown Colorado Springs.
Median rents as of Oct 25 2025.
Downtown Colorado Springs
Colorado Springs
| Month | Median Rent |
|---|---|
| November 2023 | $1,000 |
| December 2023 | $1,094 |
| January 2024 | $1,148 |
| February 2024 | $1,082 |
| March 2024 | $1,149 |
| April 2024 | $1,094 |
| May 2024 | $1,092 |
| June 2024 | $1,053 |
| July 2024 | $1,064 |
| August 2024 | $1,195 |
| September 2024 | $1,025 |
| October 2024 | $1,104 |
| 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 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,771 |
| December 2023 | $1,552 |
| January 2024 | $1,528 |
| February 2024 | $1,499 |
| March 2024 | $1,461 |
| April 2024 | $1,500 |
| May 2024 | $1,516 |
| June 2024 | $1,541 |
| July 2024 | $1,549 |
| August 2024 | $1,585 |
| September 2024 | $1,646 |
| October 2024 | $1,573 |
| 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 |
Affordability calculator
Can I afford to live at 118 E Monument St?
Bedrooms
1 bedroomRent-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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Schools near 118 East Monument Street
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
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Internet available near 118 East Monument Street
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
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
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
5/10
Some bars within a few minutes’ walk
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