Apartments for Rent in Downtown Colorado Springs, Colorado Springs, CO

Downtown Colorado Springs, Colorado Springs apartment availability

Downtown Colorado Springs offers a very strong selection of rental listings, with an average of 161 rentals available each month in 2024. The majority of rentals are 1-bedroom apartments, followed by studios and 2-bedroom apartments. Many of these apartments cater to pet owners, with over 83% allowing small pets or having pet-friendly policies with some restrictions. This neighborhood's rental market provides a range of options for renters, making it a great place to find a home in Colorado Springs.

Downtown Colorado Springs, Colorado Springs rental market trends

Downtown Colorado Springs renters can expect moderate rent growth, with average monthly prices across all property types increasing by 3.1% year-over-year to $1,926 in 2024. One-bedroom units saw a more significant jump, with a 9.7% increase to $1,850 per month, while two-bedroom units rose 14.6% to $2,370. However, studio and three-bedroom units experienced declines, with studio prices dropping 22.3% to $1,537 and three-bedroom units falling 9.7% to $2,575.

The rental market in Downtown Colorado Springs is most competitive in March, with prices peaking at 27.8% higher than in July, the least expensive month. July offers renters a better chance of finding a deal, with lower prices and relatively less demand. Those looking for a one-bedroom or two-bedroom unit should be prepared for higher prices, while studio and three-bedroom seekers may find more affordable options.

Why Downtown Colorado Springs, Colorado Springs is a great place to live

Downtown Colorado Springs is a hub for renters who prioritize social life and fitness wellness. With its excellent transit frequency and type, well-designed street infrastructure, and abundance of shared spaces, this neighborhood is perfect for those who value community and connection. Additionally, the area's focus on safety ensures a secure environment for residents to live and interact.

For fitness enthusiasts, Downtown Colorado Springs offers a range of amenities, including onsite pool and spa facilities, gym equipment, and fitness centers. Many buildings also incorporate health-promoting features such as low VOC materials, advanced HVAC systems, and soundproofing. Regular health and wellness events further support a balanced lifestyle. If you're looking for a neighborhood that supports your active and social lifestyle, Downtown Colorado Springs is an excellent choice.