Zumper
modified
8 Hours Ago

Highlights

  • Modern finishes
  • Hardwood flooring
  • Updated appliances
  • Spacious kitchen

Location

118 N Tejon St, Colorado Springs, CO 80903, USA|Downtown Colorado Springs
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Contact

Management

Reed & Lane Properties

Leasing office

(844) 423-7807 ext. 7284

Property Overview

118 North Tejon Street features modern finishes, hardwood flooring, updated appliances, and a spacious kitchen, contributing to its appeal. With a Zumper Expert Rating of 8.6 and impressive scores in location (9/10), price (9/10), and amenities (8/10), it offers excellent value for renters. Additionally, its proximity to a highly-rated high school enhances its desirability, making it a standout choice for those seeking a premium living experience.

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

8.9
Very Good
With a solid 8.9 out of 10 overall, 118 North Tejon Street is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 118 North Tejon 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.

Things you’ll love

  • High school nearby

Floor plans

118 North Tejon Street - 41 bed1 bath565 sqft$1,050 /mo1 unit availableGorgeous studio unit in the heart of Downtown Colorado Springs. Unit features hardwood flooring, lots of natural light, spacious kitchen, updated appliances and modern finishes in the bathroom. Close to tons of shops and restaurants. Utilities paid by owner. Small dogs and cats allowed.

Let's explore this property.

Amenities for 118 North Tejon Street

Apartment Amenities

Utilities Included
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

Contact for more information on pet policy.

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About 118 North Tejon Street

HomeApartments in Colorado SpringsDowntown Colorado Springs 118 North Tejon Street

Gorgeous studio unit in the heart of Downtown Colorado Springs. Unit features hardwood flooring, lots of natural light, spacious kitchen, updated appliances and modern finishes in the bathroom. Close to tons of shops and restaurants. Utilities paid by owner. Small dogs and cats allowed.


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.
8.9
/10
Very Good
With a solid 8.9 out of 10 overall, 118 North Tejon Street is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 118 North Tejon 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.
How we rated 118 North Tejon Street
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 North Tejon 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 North Tejon 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 North Tejon 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·9A 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.
118 North Tejon Street has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
118 North Tejon Street 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 118 North Tejon Street compares to other nearby properties.

Positives

High school nearby
There is a high school 0.2 mile away

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Downtown Colorado Springs

1-bedroom apartments at 118 North Tejon Street cost about 27% less than the average rent price for 1-bedroom apartments in Downtown Colorado Springs.

Median rents as of Sep 13 2025.
Downtown Colorado Springs
Colorado Springs
A table of studio rental data trends in Colorado Springs
MonthMedian Rent
September 2023$1,000
October 2023$1,027
November 2023$1,013
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$947
A table of studio rental data trends in Downtown Colorado Springs
MonthMedian Rent
September 2023$1,499
October 2023$1,676
November 2023$1,773
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 N Tejon 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

$42,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 1-bedroom monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.

Schools near 118 North Tejon Street

Columbia Elementary School

835 east st vrain st

colorado springs, CO, 80903

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 North Tejon Street

Getting around Colorado Springs near 118 N Tejon St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 118 N Tejon St, Colorado Springs

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Variety of cafés within walking distance

Restaurants

8/10
Variety of restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

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

Nightlife

10/10
Variety of bars right on the street

Explore the area around 118 N Tejon 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
Walmart Supercenter
707 S 8th St
King Soopers
1750 W Uintah St

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