Remove 2010 Remove Rent Remove Rental Income
article thumbnail

Choosing Between Long-Term and Short-Term Rentals in Colorado Springs: A Guide for Real Estate Investors

Renjoy

from 2010 to 2020, reflecting a healthy influx of residents and a strong demand for housing. According to RentCafe, the average rent for an apartment in Colorado Springs is $1,439, reflecting a year-over-year increase of 9%. Market Sensitivity: Long-term rental income is more sensitive to market conditions.

article thumbnail

Is Investing in Colorado Springs Real Estate Right for You? A 2024 Guide

Muldoon Associates

As with any investment, there are rewards and challenges to buying property here, but there’s a sustained interest in buying and renting out homes because there’s such a high demand of people who are looking for those homes. There was a 15 percent increase from 2010 to 2020, and there are still more and more people moving into the area.