Exploring Colorado Spring's Rental Market For Seniors
Colorado Springs sits at the foot of Pikes Peak, with mountain views, plenty of sunshine, and a large community of retirees, including many military veterans. If you're researching housing in Colorado Springs, recent averages run roughly $1,300 to $1,450 for a one-bedroom apartment and about $1,590 to $1,740 for a two-bedroom. In this article, we'll explore the Colorado Springs rental market, average rents, and why it can be a great place for seniors.
Senior living in Colorado Springs offers natural beauty, a slower pace than Denver, quality health care, and plenty of outdoor recreation. Understanding the local rental market is the first step toward finding the right home.
The Colorado Springs Rental Market
Colorado Springs' rental market includes apartment communities, condos, townhomes, and single-family homes. Overall rents are below the national average, and apartment rents have dipped slightly over the past year, while houses for rent cost noticeably more.
| Rental type | Recent average rent |
|---|---|
| 1-bedroom apartment | About $1,300 to $1,450 |
| 2-bedroom apartment | About $1,590 to $1,740 |
| Condo | About $1,500 |
| House | About $2,230 to $2,300 |
Ranges reflect several 2026 rent reports, which measure listings differently. Prices vary by neighborhood, building age, and amenities.
Neighborhood Highlights
Colorado Springs is spread out, and each area has its own feel. Some areas seniors often consider include:
- Downtown: walkable living near restaurants, museums, and parks.
- Old Colorado City: a historic district with shops, galleries, and character.
- Broadmoor area: an established, upscale area on the southwest side near the mountains.
- Briargate and Northgate: newer neighborhoods on the north side with shopping and services.
- Nearby towns: Manitou Springs and Monument offer small-town living nearby.
Why Colorado Springs Is Ideal for Seniors
Colorado Springs offers outdoor beauty at every turn, from the Garden of the Gods to mountain trails and city parks, plus museums, arts, and community events.
Major hospitals and medical centers serve the city, and its large military community means veterans have access to VA services and military-friendly organizations. Colorado also offers a generous state tax subtraction for Social Security and pension income for older residents, and the city's public bus system helps with getting around.
Finding Rentals in Colorado Springs
Online Resources
Major rental listing websites let you filter Colorado Springs rentals by price, bedrooms, pet policy, and senior-friendly features such as elevators, ground-floor units, and step-free entries. Virtual tours make it easier to shop from out of state.
Local Real Estate Agents and Property Managers
Local agents and property managers know which communities are senior-friendly and can point you to townhomes and houses for rent that may not appear on major listing sites.
Tips for Finding the Right Rental
- Consider the altitude: at about 6,000 feet, the thinner air can affect breathing and heart conditions; talk with your doctor before moving if you have health concerns.
- Plan for winter: snow and ice are common, so look for covered parking, maintained walkways, and nearby services.
- Prioritize accessibility: look for elevators or ground-floor units, step-free entries, and walk-in showers.
- Ask about pets: many communities allow pets but charge deposits or monthly pet rent.
- Budget for all costs: include heating, utilities, parking, and renters insurance.
Saving on Rent
Look for Move-In Specials
With many apartment communities competing for renters, Colorado Springs landlords sometimes offer move-in specials such as reduced deposits or a free month. Compare the effective monthly cost over the full lease.
Explore Housing Assistance Programs
Seniors with limited income may qualify for housing assistance through local housing authorities. For more, see our guide to housing assistance programs and our senior apartment saving tips.
Consider Nearby Communities
Nearby communities such as Fountain, Monument, and Manitou Springs offer different price points and lifestyles within a short drive.
Alternative Living Options
55+ communities offer age-restricted living with clubhouses and social activities, and several are located across the Colorado Springs area.
Independent living communities include meals, housekeeping, transportation, and activities.
Assisted living provides help with daily activities for seniors who need more support.
To compare these options, see how to compare senior apartments, 55+ housing, and independent living.
Final Considerations
Colorado Springs offers seniors mountain scenery, sunshine, below-average rents, and strong services for veterans. The trade-offs are higher altitude and snowy winters, so consider your health needs and visit in more than one season before you sign a lease.
Comparing other senior rental markets? See our guide to San Antonio's rental market for seniors.
Rent figures are recent averages and change frequently. Confirm current prices, fees, and lease terms directly with landlords.