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Studio Apartment for Rent in Manitou Springs, CO

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    $1,000

    Total Monthly Price

    • Studio
    • 1 Bath
    • 445 Sq Ft
    • Adorable Garage Studio in beautiful Manitou Springs.

    212 Illinois Ave, Manitou Springs, CO 80829

    Adorable Garage Studio in beautiful Manitou Springs. Mountain views. Vaulted ceiling with beautiful wood laminate flooring and wood beams. Additional monthly charge for all utilities to include cable and Internet. Small Refrigerator, microwave, and portable cook top(no stove or oven). In floor radiant heating. On street parking. Walk to shops, restaurants, and Park. Fun festivals and parades

    212 Illinois Ave, Manitou Springs, CO 80829

Why Live in Manitou Springs

Manitou Springs, CO, nestled below Pikes Peak, is a historical mountainside city with a population of 4,800. Known for its sacred spring water, the city thrives on tourism and community pride. Homes, ranging from $500,000 to $700,000, are primarily ranch-style and split-level properties built between 1900 and 1960, surrounded by mature trees and lush greenery. Memorial Park, located on the edge of Downtown Manitou Springs, offers open greenspace, a playground, and historical monuments. Garden of the Gods and various trails leading to Pikes Peak are popular attractions. The city boasts roughly 30 restaurants, including Adam’s Mountain Café and Mona Lisa’s Fondue, and local shops like Mountain High Sportswear. Grocery stores such as Safeway and King Soopers are three miles east, with Walmart Supercenter and Interstate 25 just two miles further. The Emma Crawford Coffin Races and Festival, held annually since 1995, is a unique event that brings the community together. Despite the influx of tourists, residents cherish their quaint city, finding purpose in sharing it with visitors while maintaining a close-knit community.

Frequently Asked Questions

How much does it cost to rent a home in Manitou Springs, CO?
The median rent for a home in Manitou Springs, CO is $1,395 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Manitou Springs, CO?
To comfortably afford the median rent in Manitou Springs, CO, a household needs to earn roughly $55,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,395 per month in Manitou Springs, CO, renters typically need to show $4,185 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Manitou Springs, CO?
In Manitou Springs, CO, the price-to-rent ratio is 32.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,395
Median Single Family Home Rent
$1,700
Median Condo Rent
$1,450
How to Rent a Home