What is the rental vacancy rate in Colorado Springs, CO?

The rental vacancy rate in Colorado Springs, CO is 3.8% (±0.6 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.9% (±0.3 points).

8,838 (±911) homes, 4.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Colorado Springs, the rental vacancy rate went from 3.5% in 2015–2019 to 3.8% in 2020–2024 (+0.3 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
3.8% (±0.6 points)
Homeowner vacancy rate
0.9% (±0.3 points)
Vacant homes
8,838 (±911)

Vacancy in Colorado Springs against El Paso County, its state and the nation

Estimate (90% margin of error)
Colorado SpringsEl Paso CountyColoradoUnited States
Rental vacancy rate3.8% (±0.6 points)3.9% (±0.6 points)5.1% (±0.2 points)5.5%
Homeowner vacancy rate0.9% (±0.3 points)1.0% (±0.3 points)0.8% (±0.1 points)0.9%
Vacant housing units8,838 (±911)13,292 (±1,215)214,835 (±4,248)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Colorado Springs, the rental vacancy rate is not measurably different from El Paso County (3.9%).

It is also lower than in Colorado (5.1%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Colorado Springs

Nearest places with a published estimate, compared with Colorado Springs
PlaceDistanceRental vacancy rateCompared with this place
Colorado Springs—3.8% (±0.6 points)—
Cimarron Hills3.3 mi2.6% (±2.5 points)Not measurably different
Stratmoor6.6 mi0.0% (±5.3 points)Not measurably different
Manitou Springs8.2 mi2.3% (±2.8 points)Not measurably different
Security-Widefield8.4 mi4.3% (±5.1 points)Not measurably different
Air Force Academy10 mi1.7% (±1.9 points)Lower
Gleneagle12 mi0.0% (±7.1 points)Not measurably different
Fort Carson12 mi6.9% (±4.2 points)Not measurably different
Fountain13 mi4.6% (±3.5 points)Not measurably different

Nearby places with a measurably lower figure: Air Force Academy, CO (1.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across El Paso County, place by place

RankPlaceRental vacancy rate
1Palmer Lake19.2% (±25.7 points)
2Fort Carson6.9% (±4.2 points)
3Monument5.6% (±8.3 points)
4Fountain4.6% (±3.5 points)
5Security-Widefield4.3% (±5.1 points)
6Colorado Springs3.8% (±0.6 points)
7Cimarron Hills2.6% (±2.5 points)
8Manitou Springs2.3% (±2.8 points)
9Air Force Academy1.7% (±1.9 points)
10 (tie)Calhan0.0% (±37.7 points)
10 (tie)Green Mountain Falls0.0% (±43.4 points)
10 (tie)Ramah0.0% (±100.0 points)

Showing 12 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.

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Questions about Colorado Springs

Is it hard to find a rental in Colorado Springs?

The rental vacancy rate in Colorado Springs, CO is 3.8% (±0.6 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Colorado Springs tighter than it was?

In Colorado Springs, the rental vacancy rate went from 3.5% in 2015–2019 to 3.8% in 2020–2024 (+0.3 percentage points), not a measurable change.

How many homes are vacant in Colorado Springs?

An estimated 8,838 (±911) housing units, 4.2% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

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) 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_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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 .

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