Apartments for Rent in Old Colorado City, Colorado Springs, CO

Old Colorado City, Colorado Springs apartment availability

Old Colorado City's rental market offers a good selection of listings, with an average of 46 rentals available each month. The neighborhood's inventory is comprised mainly of 2-bedroom and 1-bedroom apartments, with a smaller number of 3-bedroom homes and studios. Many of these rentals are pet-friendly, with over 56% allowing small pets or having pet-friendly policies with restrictions. This makes Old Colorado City a great option for renters with furry friends. With its unique blend of housing options and amenities, Old Colorado City is a popular choice for those looking to rent in Colorado Springs.

Old Colorado City, Colorado Springs rental market trends

The Old Colorado City rental market experienced a notable increase of nearly 9% in 2024, with the average monthly rent reaching $1,667. However, the trend varies by bedroom count. The average rent for 1-bedrooms decreased by 2.1% to $1,098, while 2-bedrooms saw a 3.1% decrease to $1,608. In contrast, 3-bedrooms increased by 2.6% to $2,242, and studios saw a significant 24.4% increase to $1,563.

The rental market in Old Colorado City tends to fluctuate throughout the year. March typically sees the highest rent, with a 29.2% increase compared to November, the month with the lowest rent. This suggests that renters may find better deals during the winter months. While the data does not indicate a specific month with the most demand, it is clear that the market is more competitive during the spring. If you're looking for a new apartment, considering a winter move may result in more affordable options. Conversely, be prepared for higher prices and potentially more competition in the spring.

Why Old Colorado City, Colorado Springs is a great place to live

We've analyzed data from the last few years to understand what makes Old Colorado City an attractive neighborhood for renters. It appears that this area excels in catering to pet owners and those seeking an active social life.

With features like pet waste stations, ample pet space, pet-safe windows, and outdoor areas, Old Colorado City makes pet ownership convenient. The neighborhood also hosts pet events and has nearby dog parks, making it an ideal location for pet lovers. Additionally, the area's walkability, frequent transit options, and diverse neighborhood age distribution contribute to a lively social scene. The well-maintained street infrastructure and emphasis on safety further enhance the overall quality of life. If you prioritize pet friendliness and a vibrant social life, Old Colorado City is definitely worth considering.