Colorado Springs is the 83rd largest multifamily market with 43,143 completed units and 19,927 units in development, 6,047 of which have already broken ground, as of September 2022.
Colorado Springs Multifamily Market Summary – September 2022
New lease asking rents are at $1,578, up 7.0%▲
from the previous year placing Colorado Springs
at 100th overall in year-over-year rent growth.
Colorado Springs Multifamily Market Summary – August 2022
New lease asking rents are at $1,574, up 7%▲
from the previous year placing Colorado Springs
at 109th overall in year-over-year rent growth.
Colorado Springs Multifamily Market Summary – July 2022
New lease asking rents are at $1,581, up 8.9%▲
from the previous year placing Colorado Springs
at 99th overall in year-over-year rent growth.
Colorado Springs Multifamily Market Summary – June 2022
New lease asking rents are at $1,561, up 9.6%▲
from the previous year placing Colorado Springs
at 95th overall in year-over-year rent growth.
Colorado Springs Multifamily Market Summary – May 2022
New lease asking rents are at $1,526, up 11.3%▲
from the previous year placing Colorado Springs
at 72nd overall in year-over-year rent growth.
Colorado Springs Multifamily Market Summary – April 2022
New lease asking rents are at $1,507, up 12.6%▲
from the previous year placing Colorado Springs
at 57th overall in year-over-year rent growth.
Colorado Springs Multifamily Market Summary – March 2022
New lease asking rents are at $1,492, up 13.5%▲
from the previous year placing Colorado Springs
at 50th overall in year-over-year rent growth.
Colorado Springs Multifamily Market Summary – February 2022
New lease asking rents are at $1,472, up 13.8%▲
from the previous year placing Colorado Springs
at 49th overall in year-over-year rent growth.
Colorado Springs Multifamily Market Summary – January 2022
New lease asking rents are at $1,467, up 13.8%▲
from the previous year placing Colorado Springs
at 48th overall in year-over-year rent growth.
Colorado Springs Multifamily Market Summary – December 2021
New lease asking rents are at $1,464, up 14.6%▲
from the previous year placing Colorado Springs
at 33rd overall in year-over-year rent growth.