Real Estate Investing in Monument, Colorado (80132)

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

El Paso County • Population: 29,379 • Data updated: September 2026

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Should you buy in 80132 (Monument, CO)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

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

📈 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 price-to-rent: Price-to-rent ratio 26.6 — hard to cash-flow at these prices.

What’s happening in Monument, CO (80132)?

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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 $753,563
Avg Monthly Rent $2,358
1% Rule ✗ Does Not Meet
Median Income $147,908
% Renters 12.2%

Market Analysis: 80132 Monument

The 80132 ZIP covers a section of Monument that demands careful diligence. Prices near $754K look accessible, but the work to make a deal cash flow is real.

Put differently, the numbers look inviting — $754K purchase price, 0.0% nominal cap — the work to hit that pro forma in 80132 is substantial and deserves full respect.

In the broader CO picture, 80132 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Who lives in 80132 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Monument:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
14/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.1× the median income
Value Trend
Stable (+0.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,358/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
Colorado Springs, CO Metro Area
More inventory, negotiating room for buyers
56 days
Average time to sell
Average
13.1%
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 Colorado Springs, CO metro data
🏠

Property Strategy for 80132

Which property type performs best in this market?

Best for Cash Flow
2BR
4.1% cap rate
Best for Appreciation
5BR
+5.9% 5yr CAGR
Best Overall Value
5BR
$173,032/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $411,528 $2,320 4.1% +4.1% $205,764
3BR $597,044 $3,230 3.9% +5.6% $199,015
4BR $747,676 $3,670 3.5% +5.8% $186,919
5BR $865,160 +5.9% $173,032

Market Trends

Home Value History (with trend line)

$808K$707K$605K$504K$403K$301KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,414$2,285$2,156$2,027$1,898$1,769Mar 2021Nov 2023Jul 2026

📊 How Does 80132 Compare?

Metric 80132 Monument Colorado Springs, CO Colorado
Home Value $753,563 $753,563 N/A $535,778
5-Year CAGR 2.6% 2.6% N/A 4.9%
Avg Rent $2,358 $2,358 N/A -
Cap Rate 2.4% 2.4% - -
💡 Why Invest in 80132? 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 →
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 ZIP 80132 (Monument, 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 — 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

Unclaimed — is this your business? Claim it free

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

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
2.4%
Low
5yr Growth
+2.6%
Slow

📉 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 →

📊 Market Snapshot

Home Value $753,563
Monthly Rent $2,358
Price-to-Rent 26.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.8%
Cap Rate 2.4%
5-Year IRR 5.1%

📈 Home Appreciation

1-Year +0.8% ▲
3-Year CAGR +0.9% ▲
5-Year CAGR +2.6% ▲
10-Year CAGR +5.9% ▲

🏠 Rent Trends

1-Year +4.5% ▲
3-Year CAGR +2.9% ▲
5-Year CAGR +3.7% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 2.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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
3.4%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.6%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 80132

Population: 29,379

💰 Median Household Income
$147,908
This area
$147,908
State
$79,719
USA
$74,580
🏠 Renter Occupied
12.2%
This area
12.2%
State
26.4%
USA
34.0%
💼 Unemployment Rate
3.6%
This area
3.6%
State
-25.8%
USA
3.7%
🎓 College Educated
59.2%
This area
59.2%
State
5.8%
USA
33.7%
👤 Median Age
42.6 years
This area
42.6 years
State
-0.1 years
USA
38.9 years
🏚️ Vacancy Rate
3.4%
This area
3.4%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
White 87.5%
Other/Mixed 8.8%
Hispanic/Latino 5.5%
Asian 2.7%
Black/African American 0.9%
👶 Under 18
26.2%
This area
26.2%
USA
22.0%
👴 65 and Over
14.4%
This area
14.4%
USA
17.3%
📊 Poverty Rate
1.8%
This area
1.8%
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 80132

B Avg School Grade
8 Schools
16.2:1 Avg Class Size
$11,942 Avg Per Pupil

Schools in This ZIP Code

B Good

Bear Creek Elementary School

📚 Pre-K – 06 School
👥
789 Students
👨‍🏫
17.1:1 Class Size
💰
$11,942 Per Student
B Good

Lewis-Palmer Elementary School

📚 Pre-K – 06 School
👥
417 Students
👨‍🏫
17.9:1 Class Size
💰
$11,942 Per Student
B Good

Prairie Winds Elementary School

📚 Pre-K – 06 School
👥
370 Students
👨‍🏫
16.3:1 Class Size
💰
$11,942 Per Student
B Good

Monument Charter Academy

📚 Pre-K – 05 Elementary Charter
👥
649 Students
👨‍🏫
15.2:1 Class Size
💰
$11,942 Per Student
B Good

Education reEnvisioned School

📚 K – 12 K-12
👥
44 Students
👨‍🏫
3.4:1 Class Size
B Good

Lewis-Palmer Middle School

📚 07 – 08 Middle
👥
782 Students
👨‍🏫
19.6:1 Class Size
💰
$11,942 Per Student
C+ Average

Lewis-Palmer High School

📚 09 – 12 High School
👥
1,171 Students
👨‍🏫
20.9:1 Class Size
💰
$11,942 Per Student
C+ Average

Palmer Ridge High School

📚 09 – 12 High School
👥
1,103 Students
👨‍🏫
19.3:1 Class Size
💰
$11,942 Per Student

Nearby Schools (1 more)

Schools in adjacent ZIP codes that may serve this area

B+ Above Average

Palmer Lake Elementary School

📚 Pre-K – 06 School
📍 115 UPPER GLENWAY, PALMER LAKE
👥
284 Students
👨‍🏫
12.1:1 Class Size
💰
$11,942 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

8 Nearby 1,020 Off-Campus Students
A
United States Air Force Academy
4,124 students · 5.9 mi
C
Nazarene Bible College
584 students · 10.6 mi
D
Pima Medical Institute-Colorado Springs
339 students · 12.4 mi
C
International Salon and Spa Academy
307 students · 12.9 mi
C
Tigi Hairdressing Academy-Colorado Springs
129 students · 13.5 mi
D
Colorado Technical University-Colorado Springs
28,852 students · 13.6 mi
C+
University of Colorado Colorado Springs
11,213 students · 14.1 mi
C
The Salon Professional Academy-Colorado Springs
85 students · 14.6 mi

Investor Insight: With 1,020 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Are rents high in Monument, CO?

Investors in Monument, CO typically see rents near $2,358/mo per month against $754K home values - a solid setup for rental cash flow.

How quickly do rentals get leased in Monument, CO?

Monument, CO vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Is Monument, CO a good place for real estate investing?

Monument, CO scores 3.0/5 for investability. Home values sit at $754K and rents near $2,358/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Are landlord laws favorable in Monument, CO?

CO law landlord-friendly for landlords, and Monument inherits those rules. Investors should still review local ordinances for rental licensing.

Which investment style suits Monument, CO?

Monument, CO investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($754K prices, $2,358/mo rents) make it a reasonable choice.

You know 80132 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 80132 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 80132 ranks in Colorado Springs, CO

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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