Real Estate Investing in Olney Springs, Colorado

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

1 ZIP codes • Population: 1,818 • Crowley County

☆ Watch this market Free account

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

🏠 For Homebuyers
CAUTION
Grade D (52/100)

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

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • Elevated vacancy: 10.7% vacancy may signal weakening demand.
  • Flat appreciation: Values have barely moved over 5 years (0.2% CAGR).
  • 1-year downturn: Values declined 3.3% in the last year.
  • Lower household income: $32,813 median — tenant affordability is tighter.

What’s happening in Olney Springs, 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

1.0/ 5

Appreciation

0.2% 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 $170,446
Avg Monthly Rent $1,161
ZIP Codes 1

Investing in Olney Springs Real Estate

Olney Springs, CO covers 1 ZIP codes and a population but the investment metrics here are thin — this is not a market to enter casually.

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. Olney Springs is in that category.

Market conditions in Olney Springs are thin. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Olney Springs'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.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

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

Do you own or manage rentals in Olney Springs, CO?

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

Avg Home Value
$170,446
Avg Monthly Rent
$1,161
1% Rule
✗ Below
Landlord Friendly (CO)

ZIP Codes in Olney Springs, CO

Screen every ZIP in Olney Springs

Filter Olney Springs’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 Olney Springs, CO

What is the average monthly rent in Olney Springs, CO?

Rent in Olney Springs, CO is around $1,161/mo. The resulting rent-to-value relationship with $170K pricing is reasonable for most investor models.

Is vacancy a concern in Olney Springs, CO?

Rental vacancy in Olney Springs, CO is elevated. Investors should budget normal turnover but not chronic empty units.

How does Olney Springs, CO stack up for property investment?

Yes - Olney Springs, CO a 3.0/5 investability score. With $170K home prices against $1,161/mo monthly rent, the market delivers a reasonable entry point for new investors.

Is Olney Springs, CO a good market for FHA house hackers?

Olney Springs, CO offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,161/mo rent level.

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

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

Community Ratings

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

Be the first to rate Olney Springs, CO.

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