Monument

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Monument, CO

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A thriving community with Denver, Colorado Springs, and the Front Range at your fingertips

Suburb Commuter Scenic Mountains Nature Upscale Schools Safe Low Crime Family Friendly

Monument is a suburban city located twenty miles north of Colorado Springs and fifty miles south of Denver. Positioned just a short drive from two of the state’s biggest cities, Monument offers its residents a chance to live with urban amenities close at hand while being surrounded by gorgeous unspoiled scenery. The U.S. Air Force Academy is directly south of town, making Monument a great option for faculty and staff members.

The city’s public schools earn top marks and the crime rate is quite low, making Monument a popular choice for families. While Monument doesn’t host much of a nightlife scene, the Pike’s Peak Brewing Company on the northeast side of town serves as a popular after-hours hangout. The local rental market features a diverse mix of apartments and upscale homes, with numerous options for every lifestyle.

Rent Trends

As of April 2025, the average apartment rent in Monument, CO is $1,613 for one bedroom, $1,994 for two bedrooms, and $2,374 for three bedrooms. Apartment rent in Monument has decreased by -2.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,613/month
761 Sq Ft
House
$3,390/month
2,681 Sq Ft
See Rental Market Trends in Monument, CO

Transportation

34

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

35

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Bear Creek Elementary School

Public

Grades PK-6

849 Students

8
out of 10

Lewis-Palmer Elementary School

Public

Grades PK-6

399 Students

6
out of 10

Prairie Winds Elementary School

Public

Grades PK-6

347 Students

6
out of 10

Lewis-Palmer Middle School

Public

Grades 7-8

781 Students

5
out of 10

Lewis-Palmer High School

Public

Grades 9-12

1,181 Students

8
out of 10

Palmer Ridge High School

Public

Grades 9-12

1,094 Students

8
out of 10

Points of Interest

Parks and Recreation

  • New Santa Fe Regional Trail
  • Fox Run Regional Park
  • Palmer Lake Regional Recreation Area
  • Black Forest Regional Park

Airports

  • City of Colorado Springs Municipal

Top Apartments in Monument

Houses for Rent in Monument

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.