Real Estate Investing in Cripple Creek, Colorado

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

2 ZIP codes • Population: 2,280 • Teller County

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Should you buy in Cripple Creek, CO? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

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
  • High vacancy: 36.0% of homes vacant — above national norms.

What’s happening in Cripple Creek, CO?

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3.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

1.9% 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 $275,263
Avg Monthly Rent $1,188
ZIP Codes 2

Investing in Cripple Creek Real Estate

Cripple Creek, CO covers 2 ZIP codes and a population but the investment metrics here are tepid — this is not a market to enter casually.

The investment case for Cripple Creek is difficult to make on screen data alone. a stretch for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rents in Cripple Creek at $1,188/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Cripple Creek's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Colorado Springs, CO

Cripple Creek 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 Cripple Creek, CO. Anonymous, moderated, never written by AI.

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Avg Home Value
$275,263
Avg Monthly Rent
$1,188
1% Rule
✗ Below
Landlord Friendly (CO)

📉 Market Crash Risk Index

Based on Colorado Springs, CO metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
45%
Days Pending
1/2
56 days

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❄️ 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

ZIP Codes in Cripple Creek, CO

Screen every ZIP in Cripple Creek

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

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Frequently Asked Questions About Cripple Creek, CO

Does Cripple Creek, CO make sense for an investment property?

The 3.0/5 investability rating in Cripple Creek, CO reflects its $275K prices and $1,188/mo rents. Investors generally consider it a solid option within CO.

How much is rent in Cripple Creek, CO?

Rents in Cripple Creek, CO run near $1,188/mo. Compared with median home prices of $275K that produces solid gross yields for typical rentals.

Are landlord laws favorable in Cripple Creek, CO?

Cripple Creek, CO operates under CO law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.

What are vacancy rates like in Cripple Creek, CO?

Vacancy in Cripple Creek, CO is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,188/mo.

Does a duplex house hack pencil in Cripple Creek, CO?

For house hackers, Cripple Creek, CO is a challenging. The $1,188/mo rent on a unit helps defray the mortgage on a $275K property.

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