Real Estate Investing in Canon City, Colorado

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 32,355 • Fremont County

☆ Watch this market Free account

Should you buy in Canon City, CO? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (51/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.8% vacancy may signal weakening demand.

What’s happening in Canon City, CO?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $335,608
Avg Monthly Rent $1,448
ZIP Codes 1

Investing in Canon City Real Estate

This is a distressed-leaning corner of Colorado: Canon City has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Canon City is in that category.

Rent trends and price trends in Canon City are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Colorado.

Population dynamics in Canon City haven't been supportive. a stretch for combined with muted income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Ca-¦on City, CO

Canon City is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Canon City, CO. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Canon City, CO?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$335,608
Avg Monthly Rent
$1,448
1% Rule
✗ Below
Landlord Friendly (CO)
☀️ Warm Market — Ca-¦on City, CO metro
0
Days to pending
8.5%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of June 20, 2026 — updated weekly

ZIP Codes in Canon City, CO

Screen every ZIP in Canon City

Filter Canon City’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Canon City, CO

What kind of vacancy should I budget for in Canon City, CO?

Expect elevated vacancy in Canon City, CO. Rents at $1,448/mo are absorbed by the tenant base without meaningful lag.

Should investors consider Canon City, CO?

Canon City, CO comes in at an investability rating of 3.0/5, with median home values near $336K and average rents around $1,448/mo. That combination puts it in the impressive tier for investor interest.

How strong is the working-renter base in Canon City, CO?

Canon City, CO offers a steady renter base at the $1,448/mo rent level. Tenant turnover is reasonable for well-managed properties.

What is it like being a landlord in Canon City, CO?

Landlord-friendliness in Canon City, CO is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Are homes affordable in Canon City, CO?

Typical homes in Canon City, CO go for around $336K. The 5-year CAGR of 0.0% reliable price movement.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Canon City, CO.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.