Real Estate Investing in Colorado Springs, Colorado (80918)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80918 (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 (80918)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80918 Colorado Springs
This part of El Paso County is not an easy win. The 80918 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,535/mo on a $437K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 80918 sits below the stated 0.0% once reality is priced in.
In the broader CO picture, 80918 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Put differently, 48,291 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 80918 is an operator game, not a passive one. From a cash-flow lens, entry prices of $437K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Colorado Springs:
Property Strategy for 80918
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $193,428 | $1,510 | 5.6% | +6.5% | $193,428 |
| 2BR | $301,304 | $1,790 | 4.3% | +4.9% | $150,652 |
| 3BR | $406,456 | $2,490 | 4.4% | +4.7% | $135,485 |
| 4BR | $454,167 | $2,830 | 4.5% | +4.6% | $113,542 |
| 5BR | $524,259 | — | — | +5.0% | $104,852 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80918 Compare?
| Metric | 80918 | Colorado Springs | Colorado Springs, CO | Colorado |
|---|---|---|---|---|
| Home Value | $437,033 | $247,977 | N/A | $535,778 |
| 5-Year CAGR | 1.6% | 1.7% | N/A | 4.9% |
| Avg Rent | $1,535 | $1,782 | N/A | - |
| Cap Rate | 2.7% | 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 80918 (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 | $437,033 |
| Monthly Rent | $1,535 |
| Price-to-Rent | 23.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 4.3% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | -0.2% ▼ |
| 5-Year CAGR | +1.6% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | -5.7% ▼ |
| 3-Year CAGR | -1.1% ▼ |
| 5-Year CAGR | +0.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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 80918
Population: 48,291
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 80918
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Sabin Middle School
Carver Elementary School
Penrose Elementary School
Rudy Elementary School
Doherty High 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 1,020 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are homes affordable in Colorado Springs, CO?
Colorado Springs, CO median home values land near $437K. That is reasonable territory for investors looking at $1,535/mo-per-month rentals.
Should investors worry about vacancy in Colorado Springs, CO?
Colorado Springs, CO sees elevated vacancy, which is reasonable relative to the broader CO rental market.
Is Colorado Springs, CO landlord-friendly?
CO law landlord-friendly for landlords, and Colorado Springs inherits those rules. Investors should still review local ordinances for rental licensing.
Is Colorado Springs, CO good for house hacking?
The house hack math a challenging in Colorado Springs, CO. Owner-occupant buyers benefit from the $1,535/mo rents and $437K home values.
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 steady results for that approach at the $437K price point.
You know 80918 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80918 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 80918 ranks in Colorado Springs, CO
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