Real Estate Investing in Colorado Springs, Colorado (80905)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80905 (Colorado Springs, CO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Flat appreciation: Values have barely moved over 5 years (1.0% CAGR).
What’s happening in Colorado Springs, CO (80905)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80905 Colorado Springs
ZIP 80905 inside El Paso County looks affordable on the surface — median value of $375K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $375K asset, 80905 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within CO, ZIP 80905 trails on several market indicators that neighboring El Paso County submarkets outperform. The gap is real and healthy enough to shape underwriting.
Employment concentration in 80905 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. sturdy returns are possible in 80905, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Colorado Springs:
Property Strategy for 80905
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $238,190 | $1,300 | 3.9% | +5.4% | $238,190 |
| 2BR | $297,529 | $1,540 | 3.7% | +4.1% | $148,765 |
| 3BR | $392,155 | $2,140 | 3.9% | +4.2% | $130,718 |
| 4BR | $553,194 | $2,440 | 3.2% | +4.6% | $138,299 |
| 5BR | $620,983 | — | — | +4.6% | $124,197 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80905 Compare?
| Metric | 80905 | Colorado Springs | Colorado Springs, CO | Colorado |
|---|---|---|---|---|
| Home Value | $375,152 | $247,977 | N/A | $535,778 |
| 5-Year CAGR | 1.0% | 1.7% | N/A | 4.9% |
| Avg Rent | $1,529 | $1,782 | N/A | - |
| Cap Rate | 3.2% | 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 80905 (Colorado Springs, 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 | $375,152 |
| Monthly Rent | $1,529 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 4.1% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | -1.2% ▼ |
| 5-Year CAGR | +1.0% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | -3.9% ▼ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +2.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 80905
Population: 17,269
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 80905
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
North Middle School
Columbia Elementary School
Colorado School for the Deaf and Blind
Palmer High School
Community Prep Charter 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
Investor Insight: With 7,523 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do landlords face vacancy issues in Colorado Springs, CO?
Expect elevated vacancy in Colorado Springs, CO. Rents at $1,529/mo are absorbed by the tenant base without meaningful lag.
What are rental rates like in Colorado Springs, CO?
Rental rates in Colorado Springs, CO average $1,529/mo. Tenant demand and $375K home values make the yield look reasonable by investor standards.
How much does a house cost in Colorado Springs, CO?
Homes in Colorado Springs, CO typically sell near $375K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
How strict are landlord regulations in Colorado Springs, CO?
Rental owners in Colorado Springs, CO deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the investability score for Colorado Springs, CO?
Yes - Colorado Springs, CO a 2.0/5 investability score. With $375K home prices against $1,529/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 80905 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80905 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 80905 ranks in Colorado Springs, CO
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