Apartments & Homes for Rent in Palmer Lake, CO

House for rent at 805 Meadow Lane, Palmer Lake, CO 80133

This is a rare find in the rental community. Great 4bdrm home in Palmer Lake with breathtaking views and a country living feel but close to everyting. You will love the great room on the main level with wood floors, a gas powered wood burning stove that augments heat. The kitchen is laid out wonderfully for entertaining or cooking with casual dining and easy access to the back patio for outdoor entertaining. There are 3 bedrooms on the main level, including a master with a gorgeous bathroom.

Viewing 1 of 1 rentals in Palmer Lake

What to Know About

Life in Palmer Lake & Beyond

Palmer Lake shares many of the great qualities that make Colorado a desirable place to live.

Colorado boasts towering mountain peaks, expansive mesas, and tranquil hot springs making Colorado a beautiful backdrop for any visitor. Immerse yourself in the state's rich history and culture by visiting iconic landmarks like the Colorado History Museum and the Red Rocks Amphitheater. And for those seeking academic excellence, you have some of the most respected universities in the country, such as the University of Colorado Boulder, Colorado State University, and the University of Denver, making it an excellent place for education and research.

Sports fans rejoice as Colorado is home to professional teams, the Denver Broncos (NFL), the Colorado Avalanche (NHL), to Colorado Rockies (MLB), and Denver Nuggets (NBA). There is a team for everyone. For outdoor enthusiasts, the state offers a range of experiences, from world-class skiing and snowboarding to adrenaline-pumping mountain biking to peaceful fishing in high-altitude lakes. In addition, discover popular attractions like the Royal Gorge Bridge and Park, the Garden of the Gods, and the historic town of Telluride.

Embrace the Rocky Mountain State and discover why Colorado's breathtaking natural beauty, bustling cities, and endless excitement possibilities make it the perfect place to call home.

Rental Market Trends

Palmer Lake, CO

As of April 2025, Palmer Lake's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Palmer Lake's average rent is 7.6% ($148) higher than the Colorado average of $1,938 and 16.0% ($287) higher than the U.S. average of $1,799.

Average Rent

$2,086

Monthly ChangeMonth Over Month Change

27.7% ($452)

Yearly ChangeYear Over Year Change

35.4% ($1142)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,203	1.9% ($23)	39.5% ($785)
2 Beds	$1,473	1.9% ($28)	39.5% ($961)
3 Beds	$2,101	1.8% ($39)	39.5% ($1370)

Nearby Cities	Average Rent	Avg. Rent vs. Palmer LakeAverage Rent vs. Palmer Lake	Avg. Days on MarketAverage Days on Market
Monument	$1,990	4.6% ($96)	20 days
Woodland Park	$1,838	11.9% ($248)	40 days
Castle Rock	$2,557	22.6% ($471)	19 days
Manitou Springs	$1,302	37.6% ($784)	23 days
Colorado Springs	$1,621	22.3% ($465)	22 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Palmer Lake Rental Market FAQs

Explore rental prices, market trends, and availability in Palmer Lake, CO.

What is the average rent in Palmer Lake, CO?

The average rent in Palmer Lake, CO is $2,086 per month.

What is the rental price range for homes in Palmer Lake, CO?

Homes in Palmer Lake typically rent for between $842 and $2,731 per month, with an average of $2,086 per month.

What is the average rent for different bedroom sizes in Palmer Lake, CO?

In Palmer Lake, the average rent for a 1-bedroom home is $1,203 per month, for a 2-bedroom home, $1,473 per month, and a 3-bedroom home is $2,101 per month.

How do rent prices in Palmer Lake, CO compare with the national average?

The average rent in Palmer Lake is 16% ($287) higher than the national average of $1,799 per month.

How have rent prices in Palmer Lake, CO changed recently?

The average rent in Palmer Lake has increased by 27.7% ($452) in the last month and decreased by 35.4% ($1,142) over the past year.

How competitive is the rental market in Palmer Lake, CO?

The rental market in Palmer Lake, CO, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.

How long do rentals stay on the market in Palmer Lake, CO?

In Palmer Lake, CO, the average rental stays on the market for approximately 21 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Palmer Lake, CO?

There is currently 1 rental property available in Palmer Lake, CO.

Can I afford to rent a home in Palmer Lake, CO?

Based on the current averages, a household would need an annual income of $58,920 to comfortably afford a 2-bedroom home in Palmer Lake.

Apartments & Homes for Rent in Palmer Lake, CO

Life in Palmer Lake & Beyond

Palmer Lake, CO

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