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Location
5470 Balsam St, Colorado Springs, CO 80923, USA|Sundown
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Policies and fees
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 5470 Balsam St
This is an advertisement for our lease with option to purchase program. This home is listed for sale and for rent. You can choose almost any home that is for sale (Restrictions apply) and our investor will purchase the home for you. Call the office for more information 719-935-1530. For more information and to apply click here - https pinkrealty com rent-to-own Contact us to schedule a showing. Contact us to schedule a showing.
Address details
| Neighborhood | Sundown |
|---|---|
| Zip code | 80923 |
| Type | House for rent |
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Rent trends in Sundown
4-bedroom apartments at 5470 Balsam St cost about 38% more than the average rent price for 4-bedroom apartments in Sundown.
Median rents as of Oct 18 2025.
Sundown
Colorado Springs
| Month | Median Rent |
|---|---|
| November 2023 | $2,342 |
| December 2023 | $2,387 |
| January 2024 | $2,380 |
| February 2024 | $2,395 |
| March 2024 | $2,397 |
| April 2024 | $2,461 |
| May 2024 | $2,529 |
| June 2024 | $2,587 |
| July 2024 | $2,511 |
| August 2024 | $2,480 |
| September 2024 | $2,448 |
| October 2024 | $2,397 |
| November 2024 | $2,400 |
| December 2024 | $2,412 |
| January 2025 | $2,483 |
| February 2025 | $2,449 |
| March 2025 | $2,499 |
| April 2025 | $2,570 |
| May 2025 | $2,611 |
| June 2025 | $2,605 |
| July 2025 | $2,599 |
| August 2025 | $2,525 |
| September 2025 | $2,495 |
| October 2025 | $2,461 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,434 |
| January 2024 | $2,323 |
| February 2024 | $2,250 |
| March 2024 | $2,293 |
| July 2024 | $2,450 |
| August 2024 | $2,350 |
| December 2024 | $2,271 |
| January 2025 | $2,258 |
| February 2025 | $2,145 |
| June 2025 | $2,450 |
| July 2025 | $2,360 |
| August 2025 | $2,164 |
| September 2025 | $1,995 |
Affordability calculator
Can I afford to live at 5470 Balsam St?
Bedrooms
4+ bedroomsRent-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
$110,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $110,000 annually to afford this 4-bedrooms monthly rent price of $2,750.
For more information on rent affordability, visit our rent calculator.
Schools near 5470 Balsam St
Freedom Elementary School
5280 butterfield dr
colorado springs, CO, 80923
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 5470 Balsam St
Neighborhood
Sundown | Colorado Springs, CO
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Colorado Springs near 5470 Balsam St
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5470 Balsam St, Colorado Springs
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Nightlife
3/10
Some bars within walking distance
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