Colorado Springs, CO housing market
Typical home value
$440K
▼ 1.5% 1 yr
Typical rent
$1,717/mo
▲ 2.6% 1 yr
Gross rent yield
4.7%
U.S. 6.3%
5-year home value change
+3%
U.S. +20%
Key takeaways
- 1The typical home in Colorado Springs is worth $439,542, down 1.5% over the past year and up 3% over five years.
- 2Typical rent is $1,717 a month (+2.6% YoY), a gross rent yield of 4.7% (below the Colorado Springs, CO metro's 4.7%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,415/mo, $698 more than typical rent.
- 4Zillow forecasts the Colorado Springs, CO metro's home values to change −0.5% over the next 12 months.
Market temperature (Colorado Springs, CO metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 20/100, #531 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Colorado Springs compares
| Measure | Colorado Springs | Colorado Springs, CO metro | United States |
|---|---|---|---|
| Typical home value | $439,542 | $446,711 | $366,157 |
| Home value, 1-yr change | −1.5% | −1.4% | +1.2% |
| Typical rent | $1,717 | $1,764 | $1,932 |
| Rent, 1-yr change | +2.6% | +2.9% | +2.7% |
| Gross rent yield | 4.7% | 4.7% | 6.3% |
| Price-to-rent ratio | 21.3 | 21.1 | 15.8 |
| Mortgage P&I, typical home | $2,415 | $2,455 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Colorado Springs rental, pre-filled.
Rent vs buy in Colorado Springs
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $440K home.
Other cities in the Colorado Springs, CO metro
Security-Widefield, CO
$371K home$2,294 rent
▼ 1.4% 1 yr
Fountain, CO
$385K home$2,079 rent
▼ 1.0% 1 yr
Monument, CO
$744K home$1,973 rent
▼ 1.1% 1 yr
Woodland Park, CO
$531K home$2,053 rent
▼ 0.2% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.