What percentage of people rent in Colorado Springs, CO?
39.1% (±0.8 points) of the occupied homes in Colorado Springs, CO are rented (2020–2024 American Community Survey).
That is 79,251 renting households against 123,264 that own their home.
In Colorado Springs, the share of households that rent went from 41.0% in 2015–2019 to 39.1% in 2020–2024 (−1.9 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 39.1% (±0.8 points)
- Renting households
- 79,251 (±1,649)
- Median renter income
- $61,410 (±$1,584)
Who rents and who owns in Colorado Springs
| Colorado Springs | El Paso County | Colorado | United States | |
|---|---|---|---|---|
| Renter-occupied share | 39.1% (±0.8 points) | 33.8% (±0.6 points) | 33.8% (±0.3 points) | 34.8% |
| Renting households | 79,251 (±1,649) | 97,958 (±1,866) | 802,483 (±6,593) | 45,017,354 |
| Owning households | 123,264 (±1,715) | 192,232 (±1,990) | 1,571,735 (±8,198) | 84,210,142 |
| Average renter household size | 2.2 (±0.0) | 2.3 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.0) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $61,410 (±$1,584) | $61,925 (±$1,375) | $63,537 (±$555) | $52,966 |
| Median owner household income | $109,684 (±$2,731) | $112,487 (±$1,846) | $117,732 (±$838) | $100,009 |
In Colorado Springs, the renter share is higher than in El Paso County (33.8%).
It is also higher than in Colorado (33.8%).
It is higher than the national figure (34.8%).
In El Paso County, Colorado Springs ranks 3 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 68 of 339.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Colorado Springs has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 41.0% (±0.7 points) | 39.1% (±0.8 points) | −1.9 percentage points | Measurable decrease |
| Median gross rent | $1,131 (±$13) | $1,648 (±$23) | +45.7% | Up after inflation |
| Median household income | $64,712 (±$909) | $84,818 (±$1,638) | +31.1% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Colorado Springs
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Colorado Springs | — | 39.1% (±0.8 points) | — |
| Cimarron Hills | 3.3 mi | 32.1% (±4.3 points) | Lower |
| Stratmoor | 6.6 mi | 35.0% (±10.4 points) | Not measurably different |
| Manitou Springs | 8.2 mi | 38.4% (±8.3 points) | Not measurably different |
| Security-Widefield | 8.4 mi | 12.8% (±2.3 points) | Lower |
| Air Force Academy | 10 mi | 100.0% (±5.8 points) | Higher |
| Gleneagle | 12 mi | 19.2% (±4.5 points) | Lower |
| Fort Carson | 12 mi | 100.0% (±1.2 points) | Higher |
| Fountain | 13 mi | 27.2% (±3.8 points) | Lower |
Nearby places with a measurably lower figure: Cimarron Hills, CO (32.1%), Security-Widefield, CO (12.8%), Gleneagle, CO (19.2%).
Nearby places with a measurably higher figure: Air Force Academy, CO (100.0%), Fort Carson, CO (100.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across El Paso County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 (tie) | Air Force Academy | 100.0% (±5.8 points) |
| 1 (tie) | Fort Carson | 100.0% (±1.2 points) |
| 3 | Colorado Springs | 39.1% (±0.8 points) |
| 4 | Manitou Springs | 38.4% (±8.3 points) |
| 5 | Stratmoor | 35.0% (±10.4 points) |
| 6 | Calhan | 32.3% (±11.2 points) |
| 7 | Cimarron Hills | 32.1% (±4.3 points) |
| 8 | Green Mountain Falls | 28.9% (±17.5 points) |
| 9 | Fountain | 27.2% (±3.8 points) |
Showing 9 of 18 places in El Paso County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Colorado Springs
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Questions about Colorado Springs
How many renters are there in Colorado Springs?
Colorado Springs has an estimated 79,251 (±1,649) renting households, 39.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Colorado Springs?
In Colorado Springs, the share of households that rent went from 41.0% in 2015–2019 to 39.1% in 2020–2024 (−1.9 percentage points), a measurable decrease.
How big are renting households in Colorado Springs?
A renting household in Colorado Springs has 2.2 people on average, against 2.5 in an owned home.
How much do renters earn in Colorado Springs?
The median renting household in Colorado Springs, CO has an income of $61,410 (±$1,584) a year, against $109,684 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Colorado Springs city, Colorado
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Colorado Springs city, Colorado
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Colorado Springs city, Colorado
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Colorado Springs city, Colorado
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Colorado Springs city, Colorado
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Colorado Springs city, Colorado (place:16000, in state:08).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Housing across El Paso County
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- Housing data for every place in Colorado