Real Estate Investing in Colorado Springs, Colorado (80903)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80903 (Colorado Springs, CO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (0.3% CAGR).
What’s happening in Colorado Springs, CO (80903)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80903 Colorado Springs
From an investor standpoint, ZIP 80903 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $381K median. It rewards specialists, not generalists.
Looking more closely, the numbers look inviting — $381K purchase price, 0.0% nominal cap — the work to hit that pro forma in 80903 is substantial and deserves full respect.
Looking more closely, 80903 offers a low basis, the region around Colorado Springs has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 80903 ZIP's population of 17,045 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Experienced landlords with local relationships tend to find 80903 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Colorado Springs:
Property Strategy for 80903
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $279,963 | $1,370 | 3.5% | +3.7% | $279,963 |
| 2BR | $339,428 | $1,620 | 3.4% | +3.9% | $169,714 |
| 3BR | $423,032 | $2,250 | 3.8% | +4.0% | $141,011 |
| 4BR | $517,827 | $2,560 | 3.6% | +4.3% | $129,457 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80903 Compare?
| Metric | 80903 | Colorado Springs | Colorado Springs, CO | Colorado |
|---|---|---|---|---|
| Home Value | $380,571 | $247,977 | N/A | $535,778 |
| 5-Year CAGR | 0.3% | 1.7% | N/A | 4.9% |
| Avg Rent | $1,747 | $1,782 | N/A | - |
| Cap Rate | 3.6% | 3.0% | - | - |
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 80903 (Colorado Springs, CO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 80903 (Colorado Springs, CO)?
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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 | $380,571 |
| Monthly Rent | $1,747 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 3.9% |
📈 Home Appreciation
| 1-Year | -0.1% ▼ |
| 3-Year CAGR | -1.7% ▼ |
| 5-Year CAGR | +0.3% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +3.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 80903
Population: 17,045
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 80903
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Centennial Elementary School
Mountain Vista Community School
Monterey Elementary School
Carmel Community School
Galileo School of Math and Science
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
Investor Insight: With 7,523 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Colorado Springs, CO make sense for an investment property?
With a 2.0/5 investability score, Colorado Springs, CO ranks as a solid market for rental property investors. Median prices of $381K and rents of $1,747/mo drive the underlying numbers.
What is the rental occupancy rate in Colorado Springs, CO?
Colorado Springs, CO vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What type of investing works in Colorado Springs, CO?
A careful cash-flow rentals with hands-on management strategy Colorado Springs, CO best. The market produces reliable results for that approach at the $381K price point.
How expensive is real estate in Colorado Springs, CO?
Median home price in Colorado Springs, CO is near $381K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
How much rent can I charge in Colorado Springs, CO?
Rents in Colorado Springs, CO run near $1,747/mo. Compared with median home prices of $381K that produces solid gross yields for typical rentals.
You know 80903 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80903 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 80903 ranks in Colorado Springs, CO
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