Real Estate Investing in Palmer Lake, Colorado (80133)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80133 (Palmer Lake, CO)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 26.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Palmer Lake, CO (80133)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80133 Palmer Lake
Not every below-median market is a bargain. Palmer Lake's 80133 ZIP reports signals that favor experienced operators who can absorb the risk $519K pricing implies.
For an experienced owner, 80133 can be a a viable market for hunting ground — but the discount at $519K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 80133 among CO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 80133 includes headwinds that any investor should price in. Income distribution skews lower than Palmer Lake averages, and tenant stability requires active management.
The 80133 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Palmer Lake:
Property Strategy for 80133
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $422,730 | $1,810 | 3.1% | +4.7% | $211,365 |
| 3BR | $500,998 | $2,520 | 3.6% | +5.3% | $166,999 |
| 4BR | $607,962 | $2,860 | 3.4% | +5.5% | $151,990 |
Market Trends
Home Value History (with trend line)
📊 How Does 80133 Compare?
| Metric | 80133 | Palmer Lake | Colorado Springs, CO | Colorado |
|---|---|---|---|---|
| Home Value | $519,147 | $519,147 | N/A | $535,778 |
| 5-Year CAGR | 2.5% | 2.5% | N/A | 4.9% |
| Avg Rent | $1,629 | $1,629 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 80133 (Palmer Lake, 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
Cornerstone Real Estate Team offers property management services in Colorado Springs, providing resources for owners, investors, and tenants. summary from their website
RowCal provides HOA and community association management services, including financials, maintenance, construction, and rentals. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $519,147 |
| Monthly Rent | $1,629 |
| Price-to-Rent | 26.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 4.9% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). 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.
Demographics in 80133
Population: 2,480
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 80133
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Bear Creek Elementary School
Lewis-Palmer Elementary School
Prairie Winds Elementary School
Monument Charter Academy
Education reEnvisioned School
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
Frequently Asked Questions
Do rentals sit vacant long in Palmer Lake, CO?
Rental vacancy in Palmer Lake, CO is elevated. Investors should budget normal turnover but not chronic empty units.
How deep is the rental pool in Palmer Lake, CO?
Expect a solid tenant pool in Palmer Lake, CO. The rental market absorbs $1,629/mo rents without meaningful friction.
What is the average monthly rent in Palmer Lake, CO?
Expect rents around $1,629/mo per month in Palmer Lake, CO. With home values at $519K, the yield math works out to reasonable levels for rental investors.
Does Palmer Lake, CO favor landlords or tenants?
Palmer Lake, CO operates under CO law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
How does Palmer Lake, CO stack up for property investment?
Yes - Palmer Lake, CO a 3.0/5 investability score. With $519K home prices against $1,629/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 80133 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80133 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.
How 80133 ranks in Colorado Springs, CO
Every ZIP in this metro, ranked. Free.
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