Monument, Colorado Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Monument, Colorado rental market.
Monument, Colorado
Average Apartment Rent
$1,745
Y-o-Y Change in Average
Apartment Rent
-2.4%
As of May 2026
Compared to a year ago, Monument, Colorado apartments have recorded a -2.4% rent decrease.
Monument, Colorado Average apartment rent trend
Monument, Colorado Average Apartment Rent
Monument, Colorado Apartment rent ranges
At 54.92%, apartments priced $1,500 - $2,000 represent the bulk of Monument, Colorado rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 20%.
Monument, Colorado Housing tenure**
Renters take up 19% of Monument, Colorado real estate, occupying a total of 715 units, while homeowners live in 3,083 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$65,952
Average household size of renter-occupied housing units**
2.13
Rental vacancy rate**
15%
Monument, Colorado Renter-occupied housing units by no. of bedrooms**
There are 293 rentals in Monument, Colorado with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (4%), amounting to 32 units. Overall, the median number of rooms in Monument, Colorado homes for rent is 4.7.
Monument, Colorado Renter-occupied units by age of householder**
Most condos for rent in Monument, Colorado are occupied by residents in the 60 - 64 years age group (25%), followed by those in the 45 - 54 years age group (25%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 2%.
Monument, Colorado Renter-occupied housing units by family type**
Monument, Colorado Renter-occupied housing units by the presence of own children**
A total of 458 apartments for rent in Monument, Colorado, or 64% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 270 units. All in all, the median size of a renter-occupied household in Monument, Colorado is 2.13.
Monument, Colorado Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 50% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Monument, Colorado.
Monument, Colorado Renter-occupied units by year structure built**
The highest share of Monument, Colorado apartment rentals, namely 48% or 345 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (29%, 209 units), and the ones Built 2010 - 2019 (12%, 89 units).
Monument, Colorado Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Monument, Colorado renters (62%) moved in 2018 to 2020, while only 8% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Monument, Colorado condos for rent is 2019.
Monument, Colorado Renter-occupied housing units by vehicles available**
When it comes to transportation options, 60% of Monument, Colorado renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 3% have 4 or more vehicles available.
Monument, Colorado Means of transportation to work of householders living in renter-occupied housing units**
Monument, Colorado Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Monument, Colorado apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
