4 Days Ago
Highlights
Pet Friendly
Location
724 N Nevada Ave #5, Colorado Springs, CO 80903, USA|Downtown Colorado Springs
Tour 724 N Nevada Ave #5
Contact
Progressive Property Group, LLC
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Amenities for 724 N Nevada Ave #5, Downtown Colorado Springs
Apartment Amenities
| Hardwood Floor |
Appliances
| Stainless Steel Appliances |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Outdoor Space |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 724 N Nevada Ave #5
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Apartments in Colorado SpringsDowntown Colorado Springs 724 N Nevada Ave #5, Colorado Springs, CO 80903, USA
Apartments in Colorado SpringsDowntown Colorado Springs 724 N Nevada Ave #5, Colorado Springs, CO 80903, USALive where historic charm meets downtown convenience! This beautifully renovated studio in the heart of Downtown Colorado Springs offers the perfect blend of character, comfort, and location. Located on the second floor of a well-maintained vintage 2-story building dating back to the 1890s, this charming studio preserves its original character with stunning hardwood floors, classic trim, and original doors—while offering modern upgrades for comfortable everyday living. Just steps from Colorado College and minutes from local restaurants, coffee shops, nightlife, shopping, I-25, Garden of the Gods, Old Colorado City, UCCS, Manitou Springs, the Old North End, and more—this location makes city living easy and enjoyable. This is a great opportunity for affordable downtown living in one of Colorado Springs’ most desirable central locations. Home Features: • Studio / 1 Bathroom • Approximately 450 Sq. Ft. • Original hardwood floors with timeless vintage charm • Large windows with abundant natural light • Updated kitchen with modern cabinetry • Stainless steel appliances • Elegant chandelier and unique historic details • Shared on-site laundry room for convenience • Unreserved rear parking + available street parking • Lawn care services included • Forced air heating & electric baseboard heating Enjoy the energy of downtown living while coming home to classic Colorado Springs character. Utilities & Charges Disclosure: Includes all mandatory recurring monthly charges. • Base Rent: $999/month • Utilities: Electricity, gas, water, and sewer billed monthly to the resident based on actual usage • Utility Administration Fee: $5/month • Trash Service: $25/month Pet Policy: • 1 dog (under 45 lbs.) or 1 mature cat allowed • Pet deposit: $300 • Pet rent: $35 per month per pet Restrictions: • No smoking or growing marijuana on the premises Move-In Special: • Military applicants receive 50% off the application fee with valid military ID. Portable Tenant Screening Reports (PTSR): In accordance with Colorado law (HB23-1099 and HB25-1236), applicants may provide a Portable Tenant Screening Report (PTSR) dated within 60 days. If a PTSR is provided, Progressive Property Group, LLC will not charge an application fee or a separate screening fee. Equal Housing Opportunity & Accessibility: Progressive Property Group, LLC complies with the Fair Housing Act and the Colorado Anti-Discrimination Act. We do not discriminate based on race, color, religion, national origin, sex, familial status, disability, sexual orientation, gender identity, marital status, source of income, ancestry, creed, or any other protected class. Reasonable accommodations and modifications are available for applicants and residents with disabilities. Assistance animals (including service animals and emotional support animals) are welcome in accordance with applicable law and are not subject to pet restrictions or fees. To request an accommodation or inquire about accessibility features, please contact our office. Brokerage Disclosure: Offered for rent by Progressive Property Group, LLC, a licensed Colorado real estate brokerage. Managing Broker: Jeff Gaddis. Disclaimer: Photos may include virtual staging and/or images of a similar unit. Actual unit features, layout, and furnishings may vary. Security Deposit Option: We’re excited to offer AppfolioGuard, a secure and simple way to manage your security deposit. This service allows for payment installments and provides timely updates ..
Address details
| Neighborhood | Downtown Colorado Springs |
|---|---|
| Zip code | 80903 |
| Type | Apartment for rent |
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Rent trends in Downtown Colorado Springs
studio apartments at 724 N Nevada Ave #5 cost about 14% more than the average rent price for studio 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 724 N Nevada Ave #5?
Bedrooms
StudioRent-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
$39,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,960 annually to afford this studio monthly rent price of $999.
For more information on rent affordability, visit our rent calculator.
Schools near 724 N Nevada Ave #5
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 724 N Nevada Ave #5
Getting around Colorado Springs near 724 N Nevada Ave #5
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 724 N Nevada Ave #5, 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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