Rental market snapshot for Northeast Colorado Springs, Colorado Springs

Northeast Colorado Springs rental market summary

The rental market in Northeast Colorado Springs, Colorado is showing signs of growth. In July 2023, there were 207 new listings, a significant increase from the previous month. The median rent for the area also increased from $1,745 in June 2023 to $1,761 in July 2023, representing a 0.9% increase. This is a stark contrast to the median rent in July 2022, which was $1,935, representing a 9.0% decrease.

Overall, the rental market in Northeast Colorado Springs is showing signs of improvement. The number of new listings is increasing, and the median rent is slowly but steadily increasing. This is a positive sign for the local economy, and it is likely that the rental market will continue to improve in the coming months.

Median rent for all residential properties in Northeast Colorado Springs

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The most expensive listings and top trending buildings in Northeast Colorado Springs

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Bedroom Breakdown in Northeast Colorado Springs

Studio
$1,329
MEDIAN RENT
1 Bedroom
$1,412
MEDIAN RENT
2 Bedroom
$1,617
MEDIAN RENT

Northeast Colorado Springs neighborhood apartments rents

The rental market for studios in Northeast Colorado Springs, Colorado is showing signs of growth. In July 2023, there were 4 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $1,329, a 29.0% increase from the median rent in June 2023 of $1,030. This suggests that demand for studio rentals in Northeast Colorado Springs is increasing, and that landlords are able to charge higher rents for their units.

The rental market for 1-bedroom apartments in Northeast Colorado Springs, Colorado, is showing signs of stability. In July 2023, there were 15 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 1.6% from June 2023 to July 2023, from $1,435 to $1,412. This suggests that the rental market is not experiencing any significant changes in pricing or availability.

The rental market for 2-bedroom apartments in Northeast Colorado Springs, Colorado is showing signs of growth. In July 2023, there were 21 new 2-bedroom listings, which is a 5.1% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,617, which is a 5.1% decrease from the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Northeast Colorado Springs is $1,761.
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