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City

ZIP codes

Colorado Springs, CO · 80997

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $90K, +3.3% YoY (county); renters hold 33.8% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

290,190

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 303,482

303Kunits

Occupied290,19095.6%

Vacant13,2924.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 290,190

290Koccupied

Owner192,23266.2%

Renter97,95833.8%

Renter Share

33.8%+0.4% YoY

Total Housing Units

303,482+2.3% YoY

FY2026 Fair Market Rent

CountyEl Paso County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,196

/month

1 BR

$1,464

/month

2 BR

$1,735

/month

3 BR

$2,413

/month

4 BR

$2,744

/month

FMR trends · El Paso County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.9% to 742,999: residents under 18 are down 0.4% and those 65 and over are up 3.6%.

Median Age

35.12024

Population

El Paso County Population

752,772+0.8% YoY

Households

Total Households

290,190+2.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.48-1.6% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 742,999

743Kresidents

Under 18171,72723.1%

Adults 18–64466,98562.9%

65 & Over104,28714.0%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

171,727-0.4% YoY

Population 65 & Over

104,287+3.6% YoY

Median Age

35.10+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house81.8%

Moved (within US)17.2%

Other1.0%

Veterans

15.6%-1.3% YoY

County Economy

County median household income is $90K, 8.5% of residents are below the poverty level, 16.8% work from home.

Income

Median Household Income

$90K+3.3% YoY

Per-Capita Income

$46K+4.3% YoY

Mean Household Income

$117K+3.2% YoY

Poverty

Below Poverty Level

8.5%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone69.2%

Public transit0.4%

Worked from home16.8%

Other13.6%

Worked From Home

16.8%+9.1% YoY

Mean Commute

23.500.0% YoY

Done with 80997? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Colorado Springs, CO · 80997

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $90K, +3.3% YoY (county); renters hold 33.8% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

290,190

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 303,482

303Kunits

Occupied290,19095.6%

Vacant13,2924.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 290,190

290Koccupied

Owner192,23266.2%

Renter97,95833.8%

Renter Share

33.8%+0.4% YoY

Total Housing Units

303,482+2.3% YoY

FY2026 Fair Market Rent

CountyEl Paso County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,196

/month

1 BR

$1,464

/month

2 BR

$1,735

/month

3 BR

$2,413

/month

4 BR

$2,744

/month

FMR trends · El Paso County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.9% to 742,999: residents under 18 are down 0.4% and those 65 and over are up 3.6%.

Median Age

35.12024

Population

El Paso County Population

752,772+0.8% YoY

Households

Total Households

290,190+2.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.48-1.6% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 742,999

743Kresidents

Under 18171,72723.1%

Adults 18–64466,98562.9%

65 & Over104,28714.0%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

171,727-0.4% YoY

Population 65 & Over

104,287+3.6% YoY

Median Age

35.10+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house81.8%

Moved (within US)17.2%

Other1.0%

Veterans

15.6%-1.3% YoY

County Economy

County median household income is $90K, 8.5% of residents are below the poverty level, 16.8% work from home.

Income

Median Household Income

$90K+3.3% YoY

Per-Capita Income

$46K+4.3% YoY

Mean Household Income

$117K+3.2% YoY

Poverty

Below Poverty Level

8.5%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone69.2%

Public transit0.4%

Worked from home16.8%

Other13.6%

Worked From Home

16.8%+9.1% YoY

Mean Commute

23.500.0% YoY

Done with 80997? Put it next to another market.