Ca-¦on City, CO Metro Area - Investment Guide
Metro Area • 6 Cities • 6 ZIP Codes
Avg Home Value
$383,708
Avg Monthly Rent
$1,329
Avg Cap Rate
2.76%
Avg Investability
3.0 ★
Cities
6
ZIP Codes
6
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Ca-¦on City, CO Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of June 20, 2026 — updated weekly
Best ZIP codes in Ca-¦on City, CO
Every ZIP in the metro, ranked four ways. Free.
Cities in Ca-¦on City, CO
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 81240 | Penrose | CO | $388,430 | $1,116 | 2.24% | |
| 81212 | Canon City | CO | $333,725 | $1,423 | 3.33% | |
| 81223 | Cotopaxi | CO | $361,306 | $1,665 | 3.59% | |
| 81253 | Wetmore | CO | $413,794 | $1,053 | 1.98% | |
| 81226 | Florence | CO | $298,111 | $1,223 | 3.20% | |
| 81233 | Howard | CO | $474,987 | $1,467 | 2.41% | |
| 81240 | Penrose | CO | $378,182 | $1,116 | 2.30% | |
| 81253 | Wetmore | CO | $411,632 | $1,053 | 2.00% | |
| 81212 | Canon City | CO | $336,164 | $1,507 | 3.50% | |
| 81223 | Cotopaxi | CO | $376,028 | $1,665 | 3.45% | |
| 81226 | Florence | CO | $298,899 | $1,223 | 3.19% | |
| 81233 | Howard | CO | $495,451 | $1,467 | 2.31% | |
| 81240 | Penrose | CO | $390,979 | $1,116 | 2.23% | |
| 81212 | Canon City | CO | $333,725 | $1,423 | 3.33% | |
| 81253 | Wetmore | CO | $408,694 | $1,053 | 2.01% | |
| 81223 | Cotopaxi | CO | $361,306 | $1,665 | 3.59% | |
| 81226 | Florence | CO | $298,111 | $1,223 | 3.20% | |
| 81233 | Howard | CO | $474,987 | $1,467 | 2.41% | |
| 81240 | Penrose | CO | $378,182 | $1,116 | 2.30% | |
| 81253 | Wetmore | CO | $411,632 | $1,053 | 2.00% | |
| 81212 | Canon City | CO | $335,427 | $1,498 | 3.48% | |
| 81223 | Cotopaxi | CO | $368,691 | $1,665 | 3.52% | |
| 81226 | Florence | CO | $298,224 | $1,223 | 3.20% | |
| 81233 | Howard | CO | $482,528 | $1,467 | 2.37% | |
| 81240 | Penrose | CO | $387,835 | $1,116 | 2.24% | |
| 81253 | Wetmore | CO | $401,856 | $1,053 | 2.04% | |
| 81212 | Canon City | CO | $335,608 | $1,448 | 3.37% | |
| 81223 | Cotopaxi | CO | $376,938 | $1,665 | 3.45% | |
| 81226 | Florence | CO | $299,108 | $1,223 | 3.19% | |
| 81233 | Howard | CO | $497,277 | $1,467 | 2.30% | |
| 81240 | Penrose | CO | $389,243 | $1,116 | 2.24% | |
| 81212 | Canon City | CO | $328,568 | $1,368 | 3.25% | |
| 81223 | Cotopaxi | CO | $362,574 | $1,665 | 3.58% | |
| 81253 | Wetmore | CO | $404,077 | $1,053 | 2.03% | |
| 81226 | Florence | CO | $293,968 | $1,223 | 3.24% | |
| 81233 | Howard | CO | $470,893 | $1,467 | 2.43% | |
| 81240 | Penrose | CO | $381,228 | $1,116 | 2.28% | |
| 81253 | Wetmore | CO | $392,297 | $1,053 | 2.09% | |
| 81212 | Canon City | CO | $336,257 | $1,461 | 3.39% | |
| 81223 | Cotopaxi | CO | $377,338 | $1,665 | 3.44% | |
| 81226 | Florence | CO | $300,419 | $1,223 | 3.17% | |
| 81233 | Howard | CO | $495,587 | $1,467 | 2.31% |
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About Ca-¦on City, CO Real Estate Market
The Ca-¦on City, CO metropolitan statistical area (MSA) encompasses 6 cities and 6 ZIP codes. The average home value across the metro is $383,708, with an average monthly rent of $1,329. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.