Real Estate Investing in Colorado Springs, Colorado (80916)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80916 (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 (1.1% CAGR).
What’s happening in Colorado Springs, CO (80916)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80916 Colorado Springs
ZIP 80916 in Colorado Springs, CO carries a solid set of headwinds. Home values near $340K and rents of $1,459/mo sit inside a market where underwriting has to be tight.
Rent of $1,459/mo on a $340K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 80916 sits below the stated 0.0% once reality is priced in.
ZIP 80916's metrics run below El Paso County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A significant renter share of 48% in 80916 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
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.
Here's what matters if you're considering buying a home in Colorado Springs:
Property Strategy for 80916
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $257,383 | $1,650 | 4.6% | +5.3% | $128,691 |
| 3BR | $337,596 | $2,290 | 4.9% | +4.6% | $112,532 |
| 4BR | $376,009 | $2,610 | 5.0% | +4.5% | $94,002 |
| 5BR | $410,768 | — | — | +4.8% | $82,154 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80916 Compare?
| Metric | 80916 | Colorado Springs | Colorado Springs, CO | Colorado |
|---|---|---|---|---|
| Home Value | $339,606 | $247,977 | N/A | $535,778 |
| 5-Year CAGR | 1.1% | 1.7% | N/A | 4.9% |
| Avg Rent | $1,459 | $1,782 | N/A | - |
| Cap Rate | 3.4% | 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 80916 (Colorado Springs, CO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 80916 (Colorado Springs, CO)?
~25 seconds · no account needed · your report is anonymous
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 | $339,606 |
| Monthly Rent | $1,459 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 4.5% |
📈 Home Appreciation
| 1-Year | -0.6% ▼ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | +1.1% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | -13.9% ▼ |
| 3-Year CAGR | -3.6% ▼ |
| 5-Year CAGR | -0.1% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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.
Demographics in 80916
Population: 40,579
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 80916
Schools in This ZIP Code
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
What are home prices like in Colorado Springs, CO?
The median home value in Colorado Springs, CO is roughly $340K. That puts it reasonable relative to the CO statewide average.
What is the typical rental rate in Colorado Springs, CO?
The typical rental in Colorado Springs, CO commands about $1,459/mo monthly. That rent profile predictable cash flow against the $340K purchase basis.
Is Colorado Springs, CO a friendly market for rental owners?
Colorado Springs, CO falls under CO landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is Colorado Springs, CO a good place for real estate investing?
Colorado Springs, CO shows an investability rating of 2.0/5, with median home values near $340K and average rents around $1,459/mo. That combination puts it in the impressive tier for investor interest.
What is the tenant pool like in Colorado Springs, CO?
Expect a solid tenant pool in Colorado Springs, CO. The rental market absorbs $1,459/mo rents without meaningful friction.
You know 80916 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80916 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 80916 ranks in Colorado Springs, CO
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 80916 (Colorado Springs)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 80916 (Colorado Springs, CO).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.