Most Affordable ZIP Codes in Ca-¦on City, CO (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 81226 Florence, CO $299,108 $1,223 3.19% 3.5%
2 81212 Canon City, CO $335,608 $1,448 3.37% 3.6%
3 81223 Cotopaxi, CO $376,938 $1,665 3.45% 4.5%
4 81240 Penrose, CO $389,243 $1,116 2.24% 3.9%
5 81253 Wetmore, CO $404,077 $1,053 2.03% 3.9%
6 81233 Howard, CO $497,277 $1,467 2.30% 5.1%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →