Real Estate Investing in Colorado Springs, Colorado (80915)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80915 (Colorado Springs, CO)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
No major risk flags on the data we track.
What’s happening in Colorado Springs, CO (80915)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80915 Colorado Springs
The 80915 ZIP covers a section of Colorado Springs that demands careful diligence. Prices near $379K look accessible, but the work to make a deal cash flow is real.
Rent of $1,706/mo on a $379K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 80915 sits below the stated 0.0% once reality is priced in.
Regionally, 80915 sits on the difficult end of the CO spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 80915 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. durable returns are possible in 80915, 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 80915
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $257,496 | $1,570 | 4.4% | +5.9% | $128,748 |
| 3BR | $366,982 | $2,180 | 4.3% | +5.3% | $122,327 |
| 4BR | $402,544 | $2,480 | 4.4% | +4.4% | $100,636 |
| 5BR | $474,508 | — | — | +4.9% | $94,902 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80915 Compare?
| Metric | 80915 | Colorado Springs | Colorado Springs, CO | Colorado |
|---|---|---|---|---|
| Home Value | $378,556 | $247,977 | N/A | $535,778 |
| 5-Year CAGR | 1.7% | 1.7% | N/A | 4.9% |
| Avg Rent | $1,706 | $1,782 | N/A | - |
| Cap Rate | 3.5% | 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 80915 (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 | $378,556 |
| Monthly Rent | $1,706 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | +1.0% ▲ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +1.7% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | -2.3% ▼ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +2.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 80915
Population: 23,570
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 80915
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 1,020 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Colorado Springs, CO a smart market for rental property?
The 2.0/5 investability rating in Colorado Springs, CO reflects its $379K prices and $1,706/mo rents. Investors generally consider it a solid option within CO.
Are rents high in Colorado Springs, CO?
Rents in Colorado Springs, CO run near $1,706/mo. Compared with median home prices of $379K that produces solid gross yields for typical rentals.
Are eviction rules reasonable in Colorado Springs, CO?
For rental operators, Colorado Springs, CO rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is vacancy a concern in Colorado Springs, CO?
Expect elevated vacancy in Colorado Springs, CO. Rents at $1,706/mo are absorbed by the tenant base without meaningful lag.
Is Colorado Springs, CO a good market for FHA house hackers?
Colorado Springs, CO is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $379K price point reasonable to enter.
You know 80915 now. You don’t know where it ranks.
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How 80915 ranks in Colorado Springs, CO
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