5+ Days Ago
Location
720 N Nevada Ave, Colorado Springs, CO 80903, USA|Downtown Colorado Springs
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Property Overview
720 N Nevada Ave offers an impressive overall Zumper expert rating of 8 out of 10, highlighting its appeal as an excellent rental option. With a strong price rating of 9, the property balances affordability with quality amenities, while its prime downtown location scores 9, providing residents easy access to shopping, dining, and entertainment. Additionally, the property has a trustworthy management rating of 7 and is conveniently located just 0.47 miles from a top-rated middle school.
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
Middle school nearby
Floor plans
| 1/1 | 1 bed | 1 bath | 420 sqft | $1,310 /mo |
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Policies and fees
Applicants
Application Fee
Per-applicant.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$25
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 9 |
|---|
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About 720 N Nevada Ave
Located just steps from Colorado College, residents are close to downtown shopping, dining, entertainment, churches, the library, museums, yoga studios, and many other conveniences. They also enjoy easy access to Monument Valley Park, the Pikes Peak Greenway Trail, public transportation like bus stops and the free downtown shuttle, as well as a nearby 7/11.
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 GoodWith a solid 8 out of 10 overall, 720 N Nevada Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 720 N Nevada Ave 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·9A 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.
720 N Nevada Ave stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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, 720 N Nevada Ave 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.
720 N Nevada Ave 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·6A 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 720 N Nevada Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
720 N Nevada Ave provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 720 N Nevada Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.5 mile away
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Rent trends in Downtown Colorado Springs
1-bedroom apartments at 720 N Nevada Ave cost about 3% more than the average rent price for 1-bedroom apartments in Downtown Colorado Springs.
Median rents as of Apr 25 2026.
Downtown Colorado Springs
Colorado Springs
| Month | Median Rent |
|---|---|
| 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 |
| November 2025 | $896 |
| December 2025 | $965 |
| January 2026 | $1,015 |
| February 2026 | $990 |
| March 2026 | $977 |
| April 2026 | $947 |
| Month | Median Rent |
|---|---|
| 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 |
| March 2026 | $875 |
Affordability calculator
Can I afford to live at 720 N Nevada Ave?
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
$52,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,400 annually to afford this 1-bedroom monthly rent price of $1,310.
For more information on rent affordability, visit our rent calculator.
Schools near 720 N Nevada Ave
Taylor Elementary School
900 east buena ventura st
colorado springs, CO, 80907
PK, K-5Public
B
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
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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Internet available near 720 N Nevada Ave
Getting around Colorado Springs near 720 N Nevada Ave
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 720 N Nevada Ave, 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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