Real Estate Investing in Colorado Springs, Colorado (80920)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80920 (Colorado Springs, CO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Colorado Springs, CO (80920)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80920 Colorado Springs
Investors eyeing 80920 need to respect the fundamentals at play. Home values of $523K come alongside slower price movement and elevated management overhead.
For an experienced owner, 80920 can be a a solid fit for hunting ground — but the discount at $523K reflects genuine risk that outside investors often underestimate.
Within CO, ZIP 80920 trails on several market indicators that neighboring El Paso County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
The 80920 ZIP's population of 38,154 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
The right play in 80920 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Colorado Springs:
Property Strategy for 80920
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $323,426 | $2,150 | 4.8% | +4.9% | $161,713 |
| 3BR | $442,850 | $2,990 | 4.9% | +4.7% | $147,617 |
| 4BR | $532,245 | $3,400 | 4.6% | +5.0% | $133,061 |
| 5BR | $614,467 | — | — | +5.2% | $122,893 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80920 Compare?
| Metric | 80920 | Colorado Springs | Colorado Springs, CO | Colorado |
|---|---|---|---|---|
| Home Value | $522,901 | $247,977 | N/A | $535,778 |
| 5-Year CAGR | 2.0% | 1.7% | N/A | 4.9% |
| Avg Rent | $1,959 | $1,782 | N/A | - |
| Cap Rate | 2.9% | 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 80920 (Colorado Springs, CO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 80920 (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 | $522,901 |
| Monthly Rent | $1,959 |
| Price-to-Rent | 22.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 5.0% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +2.0% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +1.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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 80920
Population: 38,154
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 80920
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
How strong are rents in Colorado Springs, CO?
The typical rental in Colorado Springs, CO commands about $1,959/mo monthly. That rent profile consistent cash flow against the $523K purchase basis.
How quickly do rentals get leased in Colorado Springs, CO?
Vacancy risk in Colorado Springs, CO is elevated. That supports even-keeled cash flow for typical rental holds.
How does Colorado Springs, CO rate as a rental market?
Colorado Springs, CO scores 3.0/5 for investability. Home values sit at $523K and rents near $1,959/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the renter demographic in Colorado Springs, CO?
Tenant quality in Colorado Springs, CO ranks as solid. Landlords generally report predictable occupancy at market rents of $1,959/mo.
Does Colorado Springs, CO favor landlords or tenants?
Colorado Springs, CO operates under CO law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.
You know 80920 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80920 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 80920 ranks in Colorado Springs, CO
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 80920 (Colorado Springs)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 80920 (Colorado Springs, CO).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.