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Olympic Square Apartments in Colorado Springs offers a central location with on-site laundry, off-street parking, generous closet space, modern finishes, and professional management. It also stands out for value for money, nearby highly rated schools, and pet-friendly appeal, supported by outdoor spaces plus close access to pet supply stores and pet hospitals.
Things you’ll love
High school nearbyElementary school nearbyDishwasherGreat for
Pet owners| 1BR/1.0BA | 1 bed | 1 bath | 620 sqft | $854–$895 /mo | 3 units available | Now leasing 3960 #25, a refreshed 1-bedroom, 1-bath apartment with BALCONY at Olympic Square Apartments, located in the vibrant Knob Hill neighborhood of East Colorado Springs. This inviting home features a bright, open layout with a spacious living room, an updated kitchen with ample cabinet storage, and a comfortable bedroom with generous closet space. Enjoy clean, modern finishes throughout, including wood-style flooring or plush carpeting (varies by unit), and a move-in-ready space designed for easy everyday living. Residents at Olympic Square enjoy on-site laundry, controlled building access, off-street parking, and beautifully maintained outdoor areas with picnic tables and grill stations—perfect for relaxing or gathering with friends. Just a short drive from Garden of the Gods, Manitou Incline, and North Cheyenne Cañon Park, this location provides quick access to some of Colorado Springs’ most iconic outdoor attractions while keeping everyday conveniences close by. Rent & Fees: -Rent: $994/month or take the 1 month free over the 10-month lease for $895/month -Security Deposit: $500 -Utilities: Utility bill back for water, sewer, trash, gas and electric. -Liability Insurance: $15/month or provide proof of renters insurance -Admin Fee: $10/month -Wifi: $35/month Disclaimer about concession: -Any upfront rent concession or special will be applied to the second full month of rent. Residents are responsible for all applicable move-in costs and the first full month’s rent. Pet Policy: -Maximum of 2 pets per unit -One-time Pet Deposit: $300 → due at move-in -Pet Rent: $35/month pet fee Rental Qualifications: -Proof of income equal to approximately 2x the monthly rent -No evictions in the last 5 years -Background and credit check required -Self-employed applicants must provide 3 months of income statements Tenant Screening Disclosure (per Colorado law, C.R.S. 38-12-902): Prospective tenants may provide a portable tenant screening report. If such a report is provided, the landlord may not: -Charge an application fee, or -Charge a fee to access or use the report |
Let's explore this property.
Apartment Amenities
| Ample Cabinet Space | Bright Interiors |
| Fully Equipped Kitchen | Large Windows |
| Modern Finishes | Natural Light |
| Open Floor Plan |
Appliances
| Dishwasher | Microwave |
| Oven | Oven/Range |
| Range |
Building
| Cats OK | Controlled Access |
| Controlled Access Building | Dogs OK |
| Onsite Laundry |
Neighborhood
| Close to Major Highways | Community Area |
| Nearby Parks |
Other
| Ample Counter Space | Online Rent Payment |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 47 |
|---|
Olympic Square Apartments offers comfortable, updated living in a highly convenient area of East Colorado Springs. Located near major roadways, shopping centers, parks, and transit options, this community provides a practical and affordable housing option for residents seeking everyday convenience without sacrificing quality. The property features renovated one- and two-bedroom apartments designed with functional layouts and modern finishes. Residents enjoy spacious living areas, refreshed kitchens, and bright interiors that create a welcoming and comfortable home environment. The community also includes on-site laundry facilities, controlled building access, and off-street parking for added convenience and peace of mind. Location Highlights - Central East Colorado Springs location - Close to grocery stores, retail centers, and restaurants - Near major transit routes for easy commuting - Short drive to downtown Colorado Springs - Convenient access to Peterson Space Force Base and local employers - Near parks, trails, and outdoor recreation This property is ideal for renters looking for updated apartments at a reasonable price point, a central location with strong walkability, and a community that is professionally managed and well cared for. With its combination of upgraded interiors, convenient amenities, and a location close to schools, shopping, and daily essentials, Olympic Square Apartments stands out as a dependable and attractive housing option in Colorado Springs.
How Olympic Square Apartments | Colorado Springs, CO compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Olympic Square Apartments | Colorado Springs, CO cost about 3% less than the average rent price for 1-bedroom apartments in Rustic Hills.
| Month | Median Rent |
|---|---|
| November 2024 | $1,203 |
| December 2024 | $1,199 |
| January 2025 | $1,195 |
| February 2025 | $1,171 |
| March 2025 | $1,067 |
| April 2025 | $1,027 |
| May 2025 | $1,048 |
| June 2025 | $1,105 |
| July 2025 | $1,145 |
| August 2025 | $1,110 |
| September 2025 | $1,129 |
| October 2025 | $1,100 |
| November 2025 | $1,095 |
| December 2025 | $1,079 |
| January 2026 | $1,054 |
| February 2026 | $1,054 |
| March 2026 | $1,087 |
| April 2026 | $1,098 |
| May 2026 | $1,098 |
| June 2026 | $1,099 |
| July 2026 | $1,099 |
| August 2026 | $1,092 |
| September 2026 | $1,055 |
| October 2026 | $1,066 |
| Month | Median Rent |
|---|---|
| November 2024 | $931 |
| December 2024 | $896 |
| January 2025 | $823 |
| February 2025 | $817 |
| March 2025 | $860 |
| April 2025 | $896 |
| May 2025 | $882 |
| June 2025 | $895 |
| July 2025 | $900 |
| August 2025 | $896 |
| September 2025 | $902 |
| October 2025 | $955 |
| November 2025 | $960 |
| December 2025 | $973 |
| January 2026 | $972 |
| February 2026 | $927 |
| March 2026 | $897 |
| April 2026 | $895 |
| May 2026 | $895 |
| June 2026 | $899 |
| July 2026 | $943 |
| August 2026 | $960 |
| September 2026 | $1,105 |
| October 2026 | $902 |
Can I afford to live at 3950 Galley Rd?
Bedrooms
1 bedroomRent-to-income ratio
30%
$34,160/yr
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Park Hill • 3030 E Fountain Blvd
1 Bed
$925
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Palmer Park • 3688 Parkmoor Village Dr
1 Bed
$944
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Spring Creek • 1117 Verde Dr
Studio–2 Beds
$850–$1,065
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Divine Redeemer • 1129 Bennett Ave
1 Bed
$925
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Palmer Park • 3635 Van Teylingen Dr
1–2 Beds
$950–$1,300
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Village Seven • 3817 Village Road South
Studio–3 Beds
$850–$1,650
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Palmer Park • 3335 Austin Bluffs Pkwy
2 Beds
$1,100
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Cimarron Hills • 781 Hathaway Dr
1 Bed
$950
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Park Hill • 3030 E Fountain Blvd
1 Bed
$925
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Palmer Park • 3688 Parkmoor Village Dr
1 Bed
$944
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Spring Creek • 1117 Verde Dr
Studio–2 Beds
$850–$1,065
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Divine Redeemer • 1129 Bennett Ave
1 Bed
$925
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Palmer Park • 3635 Van Teylingen Dr
1–2 Beds
$950–$1,300
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Village Seven • 3817 Village Road South
Studio–3 Beds
$850–$1,650
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Palmer Park • 3335 Austin Bluffs Pkwy
2 Beds
$1,100
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Cimarron Hills • 781 Hathaway Dr
1 Bed
$950
The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
