Real Estate Investing in Castle Rock, Colorado (80109)

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

Douglas County • Population: 27,795 • Data updated: September 2026

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Should you buy in 80109 (Castle Rock, CO)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
CLEAN

No major risk flags on the data we track.

What’s happening in Castle Rock, CO (80109)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $655,792
Avg Monthly Rent $2,764
1% Rule ✗ Does Not Meet
Median Income $144,034
% Renters 18.4%

Market Analysis: 80109 Castle Rock

ZIP 80109 inside Douglas County looks affordable on the surface — median value of $656K — but the discount exists for reasons that a careful buyer should understand before committing.

The investment case in 80109 is healthy only for operators who understand what they are buying. A $656K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

ZIP 80109's metrics run below Douglas County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Resident income in 80109 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Strategically, 80109 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Castle Rock:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
14/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.6× the median income
Value Trend
Stable (+0.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,764/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Denver-Aurora-Lakewood, CO Metro Area
More inventory, negotiating room for buyers
53 days
Average time to sell
Average
12.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Denver-Aurora-Lakewood, CO metro data
🏠

Property Strategy for 80109

Which property type performs best in this market?

Best for Cash Flow
3BR
4.2% cap rate
Best for Appreciation
5BR
+5.9% 5yr CAGR
Best Overall Value
5BR
$161,891/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $555,557 $2,550 3.3% +4.9% $277,778
3BR $575,002 $3,340 4.2% +5.5% $191,667
4BR $682,822 $3,720 3.9% +5.7% $170,706
5BR $809,453 +5.9% $161,891

Market Trends

Home Value History (with trend line)

$735K$636K$536K$436K$337K$237KJun 2006Jul 2016Jul 2026

Rent History (with trend line)

$3,024$2,803$2,582$2,360$2,139$1,918Jan 2018May 2022Jul 2026

📊 How Does 80109 Compare?

Metric 80109 Castle Rock Denver-Aurora-Lakewood, CO Colorado
Home Value $655,792 $632,933 N/A $535,778
5-Year CAGR 2.2% 2.3% N/A 4.9%
Avg Rent $2,764 $2,587 N/A -
Cap Rate 3.3% 3.2% - -
💡 Why Invest in 80109? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 80109 (Castle Rock, CO). Anonymous, moderated, never written by AI.

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Property managers serving Douglas County

Manage rentals here? List your business →

Beacon Property Management LLC offers property management services in Denver. summary from their website

Unclaimed — is this your business? Claim it free

PMI Elevation offers Denver property management services including marketing, resident screening, rent collection, maintenance, accounting, and eviction for residential properties. summary from their website

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Ashdon Property Mgmt, Llc
Highlands Ranch, CO
Unclaimed — is this your business? Claim it free

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

Investability
Good
Cap Rate
3.3%
Low
5yr Growth
+2.2%
Slow

📊 Market Snapshot

Home Value $655,792
Monthly Rent $2,764
Price-to-Rent 19.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.1%
Cap Rate 3.3%
5-Year IRR 5.5%

📈 Home Appreciation

1-Year +0.1% ▲
3-Year CAGR -0.1% ▼
5-Year CAGR +2.2% ▲
10-Year CAGR +4.7% ▲

🏠 Rent Trends

1-Year -5.6% ▼
3-Year CAGR -0.1% ▼
5-Year CAGR +2.9% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
1.5%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.2%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 80109

Population: 27,795

💰 Median Household Income
$144,034
This area
$144,034
State
$79,719
USA
$74,580
🏠 Renter Occupied
18.4%
This area
18.4%
State
26.4%
USA
34.0%
💼 Unemployment Rate
4.1%
This area
4.1%
State
-25.8%
USA
3.7%
🎓 College Educated
57.9%
This area
57.9%
State
5.8%
USA
33.7%
👤 Median Age
35.1 years
This area
35.1 years
State
-0.1 years
USA
38.9 years
🏚️ Vacancy Rate
1.5%
This area
1.5%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
White 88.3%
Other/Mixed 8.1%
Hispanic/Latino 6.0%
Asian 2.7%
Black/African American 0.9%
👶 Under 18
29.6%
This area
29.6%
USA
22.0%
👴 65 and Over
9.4%
This area
9.4%
USA
17.3%
📊 Poverty Rate
1.1%
This area
1.1%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 80109

B+ Avg School Grade
6 Schools
17.4:1 Avg Class Size
$14,103 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Soaring Hawk Elementary School

📚 Pre-K – 06 School
👥
440 Students
👨‍🏫
14.9:1 Class Size
💰
$14,103 Per Student
B+ Above Average

Castle Rock Middle School

📚 07 – 08 Middle
👥
701 Students
👨‍🏫
15.6:1 Class Size
💰
$14,103 Per Student
B+ Above Average

Clear Sky Elementary

📚 Pre-K – 06 School
👥
683 Students
👨‍🏫
17.3:1 Class Size
💰
$14,103 Per Student
B Good

Aspen View Academy

📚 Pre-K – 08 School Charter
👥
973 Students
👨‍🏫
17.4:1 Class Size
💰
$14,103 Per Student
B Good

Meadow View Elementary School

📚 Pre-K – 06 School
👥
497 Students
👨‍🏫
18.2:1 Class Size
💰
$14,103 Per Student
C+ Average

Castle View High School

📚 09 – 12 High School
👥
1,863 Students
👨‍🏫
21.1:1 Class Size
💰
$14,103 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

2 Nearby
C
Stacey James Institute
68 students · 12.9 mi
C
Rocky Vista University
1,574 students · 14.5 mi

Frequently Asked Questions

Is Castle Rock, CO a friendly market for rental owners?

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

How deep is the rental pool in Castle Rock, CO?

Tenant quality in Castle Rock, CO ranks as solid. Landlords generally report steady occupancy at market rents of $2,764/mo.

Is Castle Rock in CO worth investing in?

The 3.0/5 investability rating in Castle Rock, CO reflects its $656K prices and $2,764/mo rents. Investors generally consider it a solid option within CO.

Can I live-in-and-rent in Castle Rock, CO?

House hacking works a challenging in Castle Rock, CO. Rents of $2,764/mo against $656K acquisition make the strategy solid for owner-occupants.

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

Median home price in Castle Rock, CO is near $656K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.

You know 80109 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 80109 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 80109 ranks in Denver-Aurora-Lakewood, CO

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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