Apartments in Manitou Springs
Apartments near Manitou Springs, CO
How many apartments are available in Manitou Springs, CO on Rentable.co?
Rentable.co has over 206 apartments available in Manitou Springs.
Rentable.co has over 206 apartments available in Manitou Springs.
Welcome to the March 2024 Manitou Springs Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Manitou Springs rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Manitou Springs and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Manitou Springs average rent prices in the chart below.
Manitou Springs rent prices increased over the last month. From February to March, the city experienced a 12.44% increase for the price of a one-bedroom apartment. The rent price for a Manitou Springs one-bedroom apartments currently stands at $1,392.0.
When we take a look at the two-bedroom comparison from February to March, Manitou Springs experienced a 7.71% increase for the price of a two-bedroom apartment. The rent price for a Manitou Springs two-bedroom apartments currently stands at $1,648.0.
Rent prices have increased in Manitou Springs over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Manitou Springs suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Manitou Springs suburbs
Rents did not decrease in any of the Manitou Springs suburbs.
Rent growth in Manitou Springs over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Manitou Springs average rent prices appear to be relatively affordable for local residents.
The price for a Manitou Springs one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Manitou Springs and surrounding area rent prices, take a look at the complete data set below.
1 BR March | 1 BR M/M % Change | 2 BR March | 2 BR M/M % Change |
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Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.