How to Find Townhouses for Rent in Colorado Springs

Colorado Springs may have once been living in Denver’s shadow, but no longer — new residents have flocked to the growing city, which was named the third-best place to live in the country in 2024 by U.S. News & World Report. Known for its stunning mountain views, vibrant community, and proximity to outdoor recreation, the Springs’ strong military presence and growing job market make it a popular destination for renters.

For many prospective tenants searching for their dream rental in the Springs, a townhome could be the perfect fit. Townhouses are typically multi-story homes with shared walls but no upstairs neighbors. They often have a small yard or patio. Townhouses offer more space than an apartment, require less maintenance than a house, and often come with community amenities. Many are pet-friendly, too.

Townhouses in Colorado Springs offer the best of both worlds — space and community! And as a local property management expert, Evernest is dedicated to helping renters find their perfect homes. We have a wide range of rental listings, including townhouses, in Colorado Springs.

This blog is a comprehensive guide to finding townhouses for rent in Colorado Springs. Read on to discover valuable insights and resources that can help you find a townhouse for rent in Colorado Springs.

Understanding the Colorado Springs Rental Market for Townhouses

Prices for townhomes in Colorado Springs vary widely based on location and a host of other factors. But on average, townhouses in the Springs rent for $2,095, just slightly higher than the typical rental price of $1,985 for all home types, according to Zillow. 

A variety of factors can influence the price you’ll pay to rent a townhouse, including:

• Location: Colorado Springs is a sprawling city, with many distinct neighborhoods. Whether a townhouse is close to one of Colorado Springs’ five military installations or nestled on the city’s west side, location will play an important part in how much you’ll pay.
• Size: Like any home, townhomes can vary in size. The square footage and number of bedrooms and bathrooms will affect the price.
• Amenities: Some townhouses have garages or in-unit laundry, which can make them pricier. Some are in neighborhoods with community amenities, like a pool. And you’ll likely pay a premium for a pet-friendly rental.
• Age and Condition of the Property: A townhome in a newly built community is likely to be pricier than one with more dated furnishings or a lived-in feel.

As for when to begin your townhouse search, ​​the market can be less competitive during off-peak seasons, like fall or winter, but good deals can be found year-round.

Where to Begin Your Search: Top Resources for Townhouses in Colorado Springs

There’s no shortage of ways to begin hunting for townhouses for rent in Colorado Springs, from browsing Zillow to simply driving through neighborhoods looking for “For Rent” signs. Each method, however, comes with pros and cons. Here’s our advice:

• Online Rental Platforms: Popular national websites such as Zillow, Trulia, HotPads, Realtor.com, Apartments.com, or Redfin can be valuable resources. To make your search on these platforms more efficient and effective, we recommend using filters, saving searches that you frequently return to, and turning on alerts.
• Property Management Companies: When you work with a local property management company, you benefit from their local market expertise. A local company might also offer access to exclusive listings not always on public sites, professional screening and transparent processes, and ongoing maintenance and support. Evernest is a local property management company that can help you find your dream rental with our portfolio of Colorado Springs townhouses!
• Local Real Estate Agents Specializing in Rentals: A local real estate agent can advocate for you by networking, pre-screening, and negotiating.
• Social Media and Local Groups: From Facebook Marketplace to local Colorado Springs rental groups or military housing groups, social media can help you find good deals and under-the-radar listings. However, be careful as you search: Scams are also common on social media, so be sure to verify listings, especially before sending money to anyone. 
• Driving Through Desired Neighborhoods: Sometimes, the old-school route is a classic for a reason. Searching for "For Rent" signs can help you find listings, especially homes being rented out by private landlords.

Key Considerations When Looking for a Townhouse

There are a few things you should keep in mind when searching for a townhouse in Colorado Springs, from your budget to your ideal features and amenities.

• Budgeting Beyond Rent: When calculating how much you can afford to pay for your townhome, don’t forget to take utilities, like water, gas, electric, and trash, into consideration. You might also be responsible for an application fee, security deposit, and a pet fee or deposit.
• Desired Features and Amenities: How many bedrooms do you want? Is having a garage, in-home laundry, or outdoor space a priority? What about a townhome’s community amenities, like a pool, gym, or clubhouse? Do you need a townhome that allows pets?
• Neighborhood Matters: In a city as large as Colorado Springs, where you live is important. The city has dozens of distinct neighborhoods, each with their own vibe and characteristics. Be sure to think about how close a particular neighborhood will be to your work or school and how long your commute will be. Access to amenities like grocery stores, parks, and restaurants is important for some, while others prioritize a neighborhood’s school district and safety. To learn more about the types of crime happening in a particular neighborhood, check out resources like MyNeighborhoodUpdate.net.

• Lease Terms and Conditions: A 12-month lease is standard, but you can inquire about longer or shorter options. You should also make sure you understand the notice requirements for moving out and what your maintenance responsibilities will be.

The Application Process and What to Expect

To apply to rent a townhome in Colorado Springs, you will need to provide a variety of documents, including proof of income (such as pay stubs or an offer letter) and identification. The landlord will likely perform a credit check and background check, and you might also need to show your rental history or provide references from previous landlords. 

In 2023, a bill was signed in Colorado that requires landlords to accept portable tenant screening reports from prospective tenants. A portable tenant screening report is a document that includes information a landlord might want to know — including verification of employment and income, rental and credit history, and criminal history — and can save renters from paying for multiple credit and background checks.

Many landlords have credit and income requirements. A landlord might require that your monthly pay is at least three times the rental amount or ask for a credit score of at least 670, which is considered “good.”

After you’re approved, it’s time to sign the lease! At that point, you will need to pay the security deposit. We recommend carefully documenting your move-in walkthrough to reduce the chance of misunderstandings over damage.

Tips for a Smooth Rental Experience in Colorado Springs

If you start your search for a Colorado Springs townhome off on the right foot, you’re more likely to have a positive experience in your new home. As you dive in, we have five important tips for you:

• Act Quickly: Good townhouses go fast in this market.
• Be Prepared: Have all your documents ready.
• Ask Questions: Don't hesitate to clarify anything with the landlord or property manager.
• Document Everything: Take photos and videos before moving in, and keep records of all communication with your landlord.
• Understand Your Lease: Read the lease thoroughly before signing.

Wrapping Up: Finding Townhouses for Rent in Colorado Springs

As you embark on your search for townhouses in Colorado Springs, it’s important to understand the market, from where you’re most likely to find your ideal rental to how much it might cost. We advise using several methods to search for your dream townhome: Browsing online rental platforms, working with a local property management company, and driving through your desired neighborhoods to look for “For Rent” signs can all be helpful, and you don’t have to stick to just one.

Searching for your next rental can be a slog, but with a little preparation, we’re confident you can find your dream home. Happy townhome hunting!

Looking for townhouses to rent in Colorado Springs? Browse available properties here.