Real Estate Investing in Colorado Springs, Colorado (80951)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80951 (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.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Higher unemployment: 7.8% unemployment — tenant risk signal.
What’s happening in Colorado Springs, CO (80951)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80951 Colorado Springs
This part of El Paso County is not an easy win. The 80951 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $2,267/mo on a $428K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 80951 sits below the stated 0.0% once reality is priced in.
Within CO, ZIP 80951 trails on several market indicators that neighboring El Paso County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
The 80951 ZIP's population of 4,669 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
The right play in 80951 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 80951
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $313,713 | $2,320 | 5.3% | +4.4% | $156,856 |
| 3BR | $405,649 | $3,230 | 5.7% | +5.4% | $135,216 |
| 4BR | $449,460 | $3,670 | 5.9% | +5.1% | $112,365 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80951 Compare?
| Metric | 80951 | Colorado Springs | Colorado Springs, CO | Colorado |
|---|---|---|---|---|
| Home Value | $427,685 | $247,977 | N/A | $535,778 |
| 5-Year CAGR | 2.2% | 1.7% | N/A | 4.9% |
| Avg Rent | $2,267 | $1,782 | N/A | - |
| Cap Rate | 4.1% | 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 80951 (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 | $427,685 |
| Monthly Rent | $2,267 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +1.0% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 80951
Population: 4,669
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 80951
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Remington Elementary School
Stetson Elementary School
Odyssey Elementary School
Ridgeview Elementary School
Springs Ranch Elementary 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
What price range are homes in Colorado Springs, CO?
Median home price in Colorado Springs, CO is near $428K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
Does Colorado Springs, CO make sense for an investment property?
With a 3.0/5 investability score, Colorado Springs, CO ranks as a solid market for rental property investors. Median prices of $428K and rents of $2,267/mo drive the underlying numbers.
Can I house hack in Colorado Springs, CO?
Colorado Springs, CO is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $428K price point reasonable to enter.
Where do rents currently stand in Colorado Springs, CO?
Investors in Colorado Springs, CO typically see rents near $2,267/mo per month against $428K home values - a solid setup for rental cash flow.
Does Colorado Springs, CO favor landlords or tenants?
Colorado Springs, CO operates under CO law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
You know 80951 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80951 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 80951 ranks in Colorado Springs, CO
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