Real Estate Investing in El Paso County, Colorado

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

32 ZIP codes • Population: 705,041

Should you buy in El Paso County, CO? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed β€” home prices are stretched relative to local incomes. Run the math on your specific situation.

πŸ“ˆ For Investors
WEAK
2.4 / 5 (39/100)

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 El Paso County, CO?

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2.4/ 5

Investability

County-wide average

1.0/ 5

Appreciation

1.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $492,817
Avg Monthly Rent $1,783
ZIP Codes 32

Investing in El Paso County Real Estate

This is a distressed-leaning county in Colorado: El Paso has 11 cities, 32 ZIPs, and investment math that only works for investors with genuine local understanding.

El Paso is the kind of county where the cap rate on paper and the cap rate realized tend to diverge. firmly out-of-state capital should be especially careful with carry-in assumptions.

Distressed-leaning demographics in El Paso β€” soft income growth, high rent burden, population shifts β€” are among the reasons the β˜…β˜…β˜†β˜†β˜† rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in El Paso County, CO. Anonymous, moderated, never written by AI.

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Property managers serving El Paso County

Manage rentals here? List your business →

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

Unclaimed β€” is this your business? Claim it free

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 β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$492,817
Avg Monthly Rent
$1,783
1% Rule
βœ— Below
Landlord Friendly (CO)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ 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

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in El Paso County

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

Investor Insight: With 7,523 students living off-campus, El Paso County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in El Paso County

ZIP Codes in El Paso County, CO

80918 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 48,291
Avg Home $437,033
Avg Rent $1,535/mo
80916 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 40,579
Avg Home $339,606
Avg Rent $1,459/mo
80920 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 38,154
Avg Home $522,901
Avg Rent $1,959/mo
80906 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 37,403
Avg Home $527,808
Avg Rent $1,707/mo
80909 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 36,171
Avg Home $367,532
Avg Rent $1,211/mo
80911 β˜… β˜… β˜… β˜… β˜…
Security-Widefield
Population 34,296
Avg Home $370,135
Avg Rent $2,254/mo
80831 β˜… β˜… β˜… β˜… β˜…
Peyton
Population 33,287
Avg Home $543,870
Avg Rent $2,675/mo
80923 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 32,333
Avg Home $467,384
Avg Rent $1,960/mo
80910 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 31,840
Avg Home $319,049
Avg Rent $1,505/mo
80817 β˜… β˜… β˜… β˜… β˜…
Fountain
Population 31,101
Avg Home $393,768
Avg Rent $2,024/mo
80917 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 30,988
Avg Home $398,099
Avg Rent $1,455/mo
80922 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 30,388
Avg Home $448,311
Avg Rent $2,002/mo
80132 β˜… β˜… β˜… β˜… β˜…
Monument
Population 29,379
Avg Home $753,563
Avg Rent $2,358/mo
80919 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 27,539
Avg Home $592,609
Avg Rent $1,729/mo
80907 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 27,135
Avg Home $402,054
Avg Rent $1,561/mo
80921 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 25,207
Avg Home $716,914
Avg Rent $1,917/mo
80915 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 23,570
Avg Home $378,556
Avg Rent $1,706/mo
80908 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 23,358
Avg Home $678,463
Avg Rent $2,223/mo
80904 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 21,369
Avg Home $440,899
Avg Rent $1,653/mo
80905 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 17,269
Avg Home $375,152
Avg Rent $1,529/mo
80903 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 17,045
Avg Home $380,571
Avg Rent $1,747/mo
80924 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 17,043
Avg Home $652,476
Avg Rent $1,914/mo
80925 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 17,016
Avg Home $447,519
Avg Rent $2,506/mo
80927 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 6,957
Avg Home $501,775
Avg Rent $2,272/mo
80808 β˜… β˜… β˜… β˜… β˜…
Calhan
Population 6,670
Avg Home $490,832
Avg Rent $1,017/mo
80829 β˜… β˜… β˜… β˜… β˜…
Manitou Springs
Population 5,574
Avg Home $551,225
Avg Rent $1,325/mo
80951 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 4,669
Avg Home $427,685
Avg Rent $2,267/mo
80106 β˜… β˜… β˜… β˜… β˜…
Elbert
Population 4,450
Avg Home $737,889
Avg Rent $1,215/mo
80133 β˜… β˜… β˜… β˜… β˜…
Palmer Lake
Population 2,480
Avg Home $519,147
Avg Rent $1,629/mo
80926 β˜… β˜… β˜… β˜… β˜…
Colorado Springs
Population 1,706
Avg Home $667,580
Avg Rent $1,539/mo
80809 β˜… β˜… β˜… β˜… β˜…
Cascade
Population 892
Avg Home $519,699
Avg Rent $1,809/mo
80819 β˜… β˜… β˜… β˜… β˜…
Green Mountain Falls
Population 882
Avg Home $400,047
Avg Rent $1,400/mo

Screen every market in El Paso County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About El Paso County

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

The median home value in, CO is roughly $493K. That puts it reasonable relative to the CO statewide average.

Is the tenant base reliable in, CO?

Working renters make up the core of the, CO tenant base. The pool is reasonable for investors targeting long-term holds.

What real estate strategy is ideal for, CO?

A careful cash-flow rentals with hands-on management strategy, CO best. The market produces stable results for that approach at the $493K price point.

What are vacancy rates like in, CO?

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

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