Rental market snapshot for Southeast Colorado Springs, Colorado Springs
Southeast Colorado Springs rental market summary
The rental market in Southeast Colorado Springs, Colorado is showing signs of growth. In July 2023, there were 220 new listings, which is a significant increase from the previous month. The median rent in July 2023 was $1,650, which is a 1.8% increase from June 2023 and a 3.4% increase from July 2022. This indicates that the rental market in Southeast Colorado Springs is becoming more competitive, as more people are looking to rent in the area.
The increasing median rent in Southeast Colorado Springs is likely due to the growing demand for rental properties in the area. With more people looking to rent, landlords are able to increase their prices and still find tenants. This is good news for landlords, as they are able to make more money from their rental properties. However, it is important to note that the increasing rent prices could make it difficult for some people to find affordable housing in the area.
Median rent for all residential properties in Southeast Colorado Springs
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The most expensive listings and top trending buildings in Southeast Colorado Springs
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1398 Celtic St | $2,845 | 4 / 3.5 |
| 1337 Saratoga Dr | $2,550 | 4 / 3.0 |
| 1545 Gumwood Drive | $2,505 | 4 / 3.5 |
| 2335 Coralbell Grv | $2,498 | 3 / 2.0 |
| 2335 Coralbell Grv | $2,349 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Trion Properties Inc | $1,751 |
| Places Management LLC | $1,699 |
| Roundhouse | $1,492 |
| Griffis/Blessing Inc. | $1,458 |
| TruAmerica Multifamily LLC | $1,210 |
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Bedroom Breakdown in Southeast Colorado Springs
Southeast Colorado Springs neighborhood apartments rents
The rental market for studios in Southeast Colorado Springs, Colorado is showing signs of stability. In May 2023, there was only one new studio listing, indicating that the market is not experiencing a large influx of new rental units. The median rent for studios in May 2023 was $895, which is a 5.3% decrease from the median rent in April 2023 of $945. This suggests that the rental market is not experiencing significant inflationary pressures. Overall, the rental market for studios in Southeast Colorado Springs appears to be stable and affordable.
The rental market for 1-bedroom apartments in Southeast Colorado Springs, Colorado, saw a slight decrease in median rent from June to July 2023. In July 2023, there were 13 new 1-bedroom listings, with a median rent of $1,411. This was a decrease of .4% from the median rent of $1,417 in June 2023. This suggests that the rental market in Southeast Colorado Springs is relatively stable, with a slight decrease in rent from month to month.
The rental market for 2-bedroom apartments in Southeast Colorado Springs, Colorado is showing signs of growth. In July 2023, there were 17 new 2-bedroom listings, a 5.1% increase in median rent from June 2023 to July 2023, and a median rent of $1,705. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.