Memorial Park

Colorado Springs, CO

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Memorial Park - Colorado Springs, CO

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One of Colorado Springs’ best greenspaces

Outdoors Great Location Scenic Affordable

Anchored by its dynamic namesake greenspace, Memorial Park offers residents with plenty of outdoor recreation opportunities. Memorial Park is packed with facilities. Along with sports fields and courts, a beach, and an indoor ice-skating rink, Memorial Park is home to the Olympic Velodrome, a 10,000 square feet cycling center. The park is also home to one of Colorado’s biggest skateparks and the Balloon Classic, an annual hot air balloon festival. For even more to do outdoors, the neighborhood rests beside the Valley Hi Golf Course. Attracting even more renters, Memorial Park is just two miles east of Downtown Colorado Springs, giving residents easy access to dining and nightlife. Memorial Park provides plenty of homes and apartments for rent. There are rentals available for every budget, but the neighborhood is known for its shocking affordability despite its excellent location. Interstate 5 lies just a short distance to the west, so you can easily commute into Denver or other areas of Colorado Springs as well.

Rent Trends

As of November 2024, the average apartment rent in Memorial Park is $797 for a studio, $1,105 for one bedroom, $1,257 for two bedrooms, and $1,623 for three bedrooms. Apartment rent in Memorial Park has decreased by -2.8% in the past year.

  • Studio

  • 358 sq ft

    Average Sq Ft

  • $797/month

    Average Rent

  • 1 BR

  • 630 sq ft

    Average Sq Ft

  • $1,105/month

    Average Rent

  • 2 BR

  • 884 sq ft

    Average Sq Ft

  • $1,257/month

    Average Rent

  • 3 BR

  • 1,013 sq ft

    Average Sq Ft

  • $1,623/month

    Average Rent

Transportation

60

Somewhat Walkable

out of 100 WalkScore® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

37

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

54

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Points of Interest

Parks and Recreation

  • Monument Valley Park
  • Bear Creek Regional Park
  • North Slope Recreation Area
  • Bear Creek Nature Center
  • Cheyenne Mountain Zoo

Airports

  • City of Colorado Springs Municipal

Top Apartments in Memorial Park

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