Real Estate Investing in Colorado Springs, Colorado

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

44 ZIP codes • Population: 579,152 • El Paso County

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Should you buy in Colorado Springs, CO? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
WEAK
2.3 / 5 (38/100)

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

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Colorado Springs, CO?

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2.3/ 5

Investability

Citywide average

1.0/ 5

Appreciation

1.7% 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 $247,977
Avg Monthly Rent $1,782
ZIP Codes 44

Local Pulse Report

AI-researched developments and news for Colorado Springs, CO. Updated on demand as visitors ask.

✨ AI + Web Search
Growth & development in Colorado Springs, CO Updated 146 days ago
Colorado Springs sees continued development in infrastructure, housing, and new businesses, alongside some employer closures.
Opportunities
  • The Centennial Boulevard Extension from Fillmore Street to the I-25/Centennial Boulevard interchange was completed in Spring 2024, improving connectivity. — This enhances transportation options and reduces traffic congestion for residents. City of Colorado Springs
  • Downtown Colorado Springs is experiencing over $2.6 billion in current and announced investment in multifamily development. — This will add thousands of new residents and drive demand for amenities. Downtown Partnership
  • Colorado Springs Utilities energized a new electric substation at the Horizon Utility Campus in 2024, with 100 MW of battery storage planned. — This strengthens the electric grid and ensures reliability for changing energy needs. Colorado Springs Utilities
  • Several new businesses, including Dave and Buster's, Shake Shack, Illegal Pete's, and Gold Star Bakery, opened or are set to open by early 2024. — These additions expand dining and entertainment choices and create new job opportunities. The Cutting Edge, Realtors
  • The Colorado Springs Airport is expanding with a $38 million investment to acquire 562 acres for industrial and commercial use. — This expands the Peak Innovation Park, fostering economic growth and job creation. COS Chamber & EDC
Concerns
  • Eptam Precision Metals closed its Colorado Springs plant, laying off 134 employees between March and September 2026. — This results in job losses for specialized, skilled workers in the manufacturing sector. KRDO
  • A planned $650 million natural gas-fired power plant at the Horizon Utility Campus may be relocated due to exhaust concerns impacting the Colorado Springs Airport. — This delay could incur additional costs and postpone a critical infrastructure project. SoCo Digest
Bottom line: Colorado Springs is experiencing significant growth in residential and commercial development, alongside major infrastructure projects, though some employer closures impact the job market.
Local news & events in Colorado Springs, CO Updated 146 days ago
Colorado Springs is experiencing a mix of declining crime rates and ongoing housing affordability challenges, alongside various community events and environmental concerns.
Opportunities
  • Colorado Springs saw a 5-year decline in homicides, assaults, and burglaries, with a 42% drop in motor vehicle thefts from 2024 to 2025. — This indicates improved public safety and reduced risk of property loss for residents. FOX21 News
  • The city is hosting numerous community events, including art walks, music festivals, and outdoor activities throughout the year. — These events provide diverse opportunities for recreation, cultural engagement, and social connection. PeakRadar.com, Eventbrite
  • Colorado Springs' rate of residents under 65 lacking health coverage was 8.1% in 2022, better than state and national rates. — This suggests greater access to healthcare for a significant portion of the population. Pikes Peak United Way
  • Motorless Mornings at Garden of the Gods offer unique car-free access for cyclists, joggers, and walkers. — This expands recreational opportunities and promotes active lifestyles in a scenic environment. City of Colorado Springs
Concerns
  • Colorado Springs' violent crime rate increased by 12% between the first two quarters of 2022 and 2025, while most other large Colorado cities saw decreases. — This indicates a concerning trend in violent crime, potentially increasing personal risk for residents. Common Sense Institute
  • A new housing assessment in December 2025 highlighted a shortage of over 27,000 housing units as of 2023, projecting a need for 60,034 more by 2035. — This severe housing shortage contributes to high housing costs and limits affordable living options for many residents. KRDO
  • Average rent in Colorado Springs reached $1,784 in March 2025, requiring an income of $78,693 to be affordable, a threshold met by only 36% of renters. — This creates significant financial burden and limits housing choices for a majority of renters. KRDO
  • El Paso County saw drug-related deaths jump from 191 to 392 between 2018 and 2022, and Colorado Springs has a higher age-adjusted suicide rate than the state. — These statistics indicate worsening public health challenges related to substance abuse and mental well-being. Pikes Peak United Way
  • Colorado Springs faces very high risks from drought and heat, significant wildfire risk for 77% of buildings, and significant flooding risk for 16% of buildings. — These environmental hazards pose threats to property, health, and natural resources, potentially increasing costs and limiting outdoor activities. ClimateCheck
Bottom line: While property crime is decreasing, Colorado Springs faces significant challenges with rising violent crime, a severe housing shortage impacting affordability, and increasing environmental risks from drought, heat, and wildfires.
Schools in Colorado Springs, CO Updated 146 days ago
Several Colorado Springs school districts have recently passed bond measures and mill levy overrides to fund facility upgrades, new programs, and teacher salaries, while some districts face declining enrollment.
Opportunities
  • In November 2024, Academy District 20 voters approved an $83.14 million bond measure for facility upgrades and a new Career and Technical Education Center. — This expands educational opportunities and modernizes learning environments for students. Academy District 20
  • Widefield School District 3 voters approved an $88 million bond and $5.2 million mill levy override in November 2025 for critical repairs, renovations, and student programs. — This investment improves school facilities, adds air conditioning, and supports student and staff programs. Widefield School District 3
  • Colorado Springs School District 11 launched a new Spanish/English Dual Language Immersion Program at Rogers Elementary in August 2021. — This program enhances language development and prepares students for a globalized world. COS School District 11
  • Colorado Springs School District 11 is expanding opportunities for high school students to earn college credit, with over 12,000 credits earned in the 2019-2020 school year. — This provides students with a head start on higher education and career readiness. COS School District 11
  • In February 2025, Colorado Springs School District 11 approved $2.5 million for the new Colorado Springs School of Technology. — This offers high school students specialized elective courses in cybersecurity, aerospace, business, and leadership. KOAA News
Concerns
  • Colorado Springs School District 11's enrollment decreased by 18.6% (5,182 students) since 2017. — Declining enrollment can lead to reduced per-pupil funding and potential school closures. Common Sense Institute
  • In November 2021, Colorado Springs School District 11's $350 million bond measure for facility improvements was defeated by voters. — This delays critical repairs, system replacements, and modernization efforts for school facilities. Ballotpedia
  • Falcon School District 49's $125 million bond measure for capital improvements to address overcrowding failed in November 2010. — The failure of the bond means continued crowding issues and challenges in meeting student needs. The New Falcon Herald
  • In October 2023, Falcon School District 49 sought a mill levy override to increase teacher pay, which would increase property taxes for residents. — This imposes additional costs on property owners, with some arguing against further tax burdens. KRDO
  • In January 2026, seven elementary schools in Colorado Springs District 11 were flagged by the state for not meeting academic standards. — This indicates a need for significant academic intervention and support to improve student outcomes. KRDO
Bottom line: Colorado Springs school districts are actively seeking and receiving funding for facility improvements and new programs, but some face challenges with declining enrollment and academic performance.
Civic & policy in Colorado Springs, CO Updated 146 days ago
Colorado Springs and state-level decisions are expanding housing options, updating regulations, and adjusting taxes, while also implementing new safety and environmental rules.
Opportunities
  • On April 8, 2025, the Colorado Springs City Council voted to update the Accessory Dwelling Unit (ADU) ordinance, allowing ADUs in more zones and removing owner-occupancy requirements in key residential areas. — This expands housing availability and choice for residents by making it easier to build additional dwelling units. City of Colorado Springs
  • The Colorado Springs Planning Commission approved a proposal on April 9, 2026, to loosen zoning rules for childcare centers, allowing them to operate in more districts, including office buildings, churches, and hospital… — This aims to address the region's childcare shortage by simplifying the process for new or existing providers. FOX21 News
  • Colorado's state income tax rate is temporarily reduced to 4.25% for the 2024 tax year, with potential for future reductions based on surplus revenue. — This provides a direct financial benefit to taxpayers by reducing their income tax burden. Thomson Reuters
  • Colorado Springs City Council voted in favor of an urban renewal proposal near the Mill Street neighborhood on February 25, 2026. — Urban renewal projects can lead to revitalization and new opportunities in previously underdeveloped areas. KOAA News
Concerns
  • Starting January 1, 2025, Colorado drivers are no longer allowed to hold their phones while driving, with fines starting at $75 for a first offense. — This new regulation restricts driver behavior and imposes fines for non-compliance. Aspen Public Radio
  • Beginning January 1, 2025, new state laws require anyone applying for a concealed carry permit in Colorado to complete training, and firearms stored in unoccupied vehicles must be locked in a hard-sided container out of… — These new regulations impose additional requirements and restrictions on gun ownership and storage. Aspen Public Radio
  • Colorado Springs Utilities is supporting legislation to delay the closure of the coal-fired Ray Nixon plant beyond its committed 2030 date. — This could lead to continued air pollution and potentially higher energy bills for residents if cleaner alternatives are delayed. Conservation Colorado
  • A Colorado bill aimed at restricting law enforcement and private companies from purchasing personal data without a warrant failed to advance in April 2026, instead being proposed as a ballot measure. — The failure of the bill to pass directly means that current practices of data acquisition by law enforcement and private companies remain unchanged, potentially impacting personal… Colorado Politics
  • Colorado's retail delivery fee will decrease from 29 to 28 cents, and the sales tax base will expand to include interstate telephone and telegraph services billed to Colorado addresses, effective July 1, 2025. — While the delivery fee slightly decreases, the expansion of the sales tax base could lead to increased costs for residents using these services. Tax Foundation
Bottom line: Colorado Springs is seeing local zoning adjustments to increase housing and childcare, alongside state-level tax reductions and new regulations on driving and gun ownership.

AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.

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Landlord Ground Truth

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Property managers serving El Paso County

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All County Colorado Springs is a full-service residential property management company serving Colorado Springs, Fountain, Fort Carson, Falcon, Peyton, & Security-Widefield. summary from their website

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Cornerstone Real Estate Team offers property management services in Colorado Springs, providing resources for owners, investors, and tenants. summary from their website

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RowCal provides HOA and community association management services, including financials, maintenance, construction, and rentals. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$247,977
Avg Monthly Rent
$1,782
1% Rule
✗ Below
Landlord Friendly (CO)
❄️ Cool Market — Colorado Springs, CO metro
56
Days to pending
13.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Colorado Springs

13 Colleges 57,110 Students 7,523 Off-Campus Renters
B+
Colorado College
4-Year Private · 2,173 students
C+
University of Colorado Colorado Springs
4-Year Public · 11,213 students
📍 ~1,020 students rent off-campus
C+
Colorado Academy of Veterinary Technology
2-Year For-Profit · 25 students
C
Pikes Peak State College
4-Year Public · 12,388 students
📍 ~6,503 students rent off-campus
C
International Salon and Spa Academy
Vocational For-Profit · 307 students
C
Apex College of Veterinary Technology
2-Year For-Profit · 30 students
C
Paul Mitchell the School-Colorado Springs
Vocational For-Profit · 169 students
C
The Salon Professional Academy-Colorado Springs
Vocational For-Profit · 85 students
C
Nazarene Bible College
4-Year Private · 584 students
C
Tigi Hairdressing Academy-Colorado Springs
Vocational For-Profit · 129 students
D
Pima Medical Institute-Colorado Springs
2-Year For-Profit · 339 students
D
Colorado Technical University-Colorado Springs
4-Year For-Profit · 28,852 students
D
Intellitec College-Colorado Springs
2-Year For-Profit · 816 students

Investor Insight: With 7,523 students living off-campus, Colorado Springs has substantial rental demand from the college population — typically stable, lease-renewing tenants.

Neighborhoods in Colorado Springs

ZIP Codes in Colorado Springs, CO

80918
Home Value $437,033
Rent $1,535/mo
80916
Home Value $339,606
Rent $1,459/mo
80920
Home Value $522,901
Rent $1,959/mo
80906
Home Value $527,808
Rent $1,707/mo
80909
Home Value $367,532
Rent $1,211/mo
80923
Home Value $467,384
Rent $1,960/mo
80910
Home Value $319,049
Rent $1,505/mo
80917
Home Value $398,099
Rent $1,455/mo
80922
Home Value $448,311
Rent $2,002/mo
80919
Home Value $592,609
Rent $1,729/mo
80907
Home Value $402,054
Rent $1,561/mo
80921
Home Value $716,914
Rent $1,917/mo
80915
Home Value $378,556
Rent $1,706/mo
80908
Home Value $678,463
Rent $2,223/mo
80904
Home Value $440,899
Rent $1,653/mo
80905
Home Value $375,152
Rent $1,529/mo
80903
Home Value $380,571
Rent $1,747/mo
80924
Home Value $652,476
Rent $1,914/mo
80925
Home Value $447,519
Rent $2,506/mo
80902
Home Value $0
80927
Home Value $501,775
Rent $2,272/mo
80913
Home Value $0
80951
Home Value $427,685
Rent $2,267/mo
80926
Home Value $667,580
Rent $1,539/mo
80930
Home Value $0
80938
Home Value $0
80928
Home Value $421,015
Rent $1,638/mo
80914
Home Value $0
80929
Home Value $0
80841
Home Value $0
80901
Home Value $0
80912
Home Value $0
80931
Home Value $0
80932
Home Value $0
80933
Home Value $0
80934
Home Value $0
80935
Home Value $0
80936
Home Value $0
80937
Home Value $0
80939
Home Value $0
80949
Home Value $0
80960
Home Value $0
80962
Home Value $0
80970
Home Value $0

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Frequently Asked Questions About Colorado Springs, CO

What do landlords charge for rent in Colorado Springs, CO?

Expect rents around $1,782/mo per month in Colorado Springs, CO. With home values at $248K, the yield math works out to reasonable levels for rental investors.

Is it easy to find good tenants in Colorado Springs, CO?

The renter base in Colorado Springs, CO is reasonable for the $1,782/mo price point. Screening well and pricing to market typically yields stable tenants.

Is rental property easy to operate in Colorado Springs, CO?

The landlord environment in Colorado Springs, CO is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

Which investment style suits Colorado Springs, CO?

Investors usually favor careful cash-flow rentals with hands-on management in Colorado Springs, CO. With home values at $248K and rents near $1,782/mo, other strategies can work but produce steady rather than outsized returns.

How much should I expect to pay for a home in Colorado Springs, CO?

Typical homes in Colorado Springs, CO go for around $248K. The 5-year CAGR of 0.0% steady price movement.

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