Newest Homes for Rent in Palmer Lake, CO

/29
$2,400

Total Monthly Price
- 5 Beds
- 2 Baths
- 1,400 Sq Ft
- House for Rent
84 S Valley Rd Unit A, Palmer Lake, CO 80133

Welcome home to gorgeous Palmer Lake! Brand new kitchen with beautiful finishes. Huge new fridge, new high-capacity washer and dryer and new dishwasher! Five bedrooms and two bathrooms. Large front deck with mountain views. The Lake and trails are within easy walking distance. Small town atmosphere, with cute restaurants, shops, library, and more just down the street. Live with the Palmer Lake

84 S Valley Rd Unit A, Palmer Lake, CO 80133
Explore Palmer Lake
/15
$1,875

Total Monthly Price
- 1 Bed
- 1 Bath
- 438 Sq Ft
- House for Rent
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 $2,400 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.

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 $96,000 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 $2,400 per month in Palmer Lake, CO, renters typically need to show $7,200 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 20.5, 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 Gleneagle, Pine Creek, Briargate, Founders Village 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 $2,400 per month, with single-family homes renting at $2,600.

Rental Home Trends

Number of Homes for Rent 2	Median Rent $2,400
Median Single Family Home Rent $2,600

How to Rent a Home

Rentals in Palmer Lake

Palmer Lake Houses for Rent

Homes for Rent by Bedrooms in Palmer Lake

1 Bedroom Homes for Rent in Palmer Lake

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