Newest Homes for Rent in Palmer Lake, CO

/26
$2,100 Plus Fees
- 3 Beds
- 3 Baths
- 1,422 Sq Ft
- Condo for Rent
56 Vale Cir, Palmer Lake, CO 80133

56 Vale Circle, Palmer Lake, CO 801333 Bed | 3 Bath | 1,422 Sq Ft | Attached 2-Car Garage | Available Immediately | Lease length negotiated at time of application approvalWelcome to this comfortable 3-bedroom, 3-bathroom townhome in the peaceful Willowcreek II community of Palmer Lake — a quiet Tri-Lakes town tucked into the foothills just north of Monument. Water, sewer, and trash

56 Vale Cir, Palmer Lake, CO 80133
Explore Palmer Lake
/15
$1,975

Total Monthly Price
- 1 Bed
- 1 Bath
- 438 Sq Ft
- Fully Remodled Cabin in Palmer Lake with Amazing Views
97 Hillside Rd, Palmer Lake, CO 80133

Welcome to this fully remodeled cabin in Palmer Lake, CO, offering breathtaking mountain views and a cozy atmosphere. This quaint 1 bedroom, 1 bathroom cottage is nestled on the mountainside, providing a peaceful retreat in a close-knit community. Enjoy the serenity of nature with nearby hiking trails and a picturesque lake just a short distance away. This charming cabin is the perfect escape for

97 Hillside Rd, Palmer Lake, CO 80133

Colorado El Paso County

Frequently Asked Questions

How much does it cost to rent a home in Palmer Lake, CO?

The median rent for a home in Palmer Lake, CO is $2,100 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 Palmer Lake, CO?

To comfortably afford the median rent in Palmer Lake, CO, a household needs to earn roughly $84,000 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 $2,100 per month in Palmer Lake, CO, renters typically need to show $6,300 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 Palmer Lake, CO?

In Palmer Lake, CO, the price-to-rent ratio is 23.4, 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.

What neighborhoods in Palmer Lake, CO are best for renting a home?

The best neighborhood for renting in Palmer Lake, CO depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Rockrimmon, Wolf Ranch, Briargate, Gleneagle and Northgate, each with its own character and price range.

Rental Trends in Palmer Lake, CO

There are currently 2 homes available for rent in Palmer Lake, CO. The median rent is $2,100 per month, with single-family homes renting at $3,288 and condos at $2,100.

Rental Home Trends

Number of Homes for Rent 2	Median Rent $2,100
Median Single Family Home Rent $3,288	Median Condo Rent $2,100

How to Rent a Home

Rentals in Palmer Lake

Homes for Rent by Bedrooms in Palmer Lake

More About Living in Palmer Lake

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