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Colorado Springs city, CO

ZIP 80918 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 80918

Median Home Value
$414,400
Median Rent
$1,387
Affordability Snapshot
$114,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,662/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

24.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 80918 in Colorado Springs city, CO, a household would need roughly $114,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,662. That is about 38% above the local median household income ($82,743), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
64.2%-2% vs US avg
x
Vacancy Rate
4.6%-55% vs US avg
x
Broadband Access
95.0%+9% vs US avg
x
4+ Bedrooms
10.7%-28% vs US avg
x
Built Pre-1939
0.2%-99% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
24.2%-51% vs US avg
x
Mortgage-Free
31.7%-17% vs US avg
x
$414,400
Home Value
$1,387
Rent
1982
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached63.7%
  • 1-unit attached6.4%
  • 2-9 units10.4%
  • 10+ units17.9%
  • Mobile home & other1.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$414,400
Median rent$1,387
Owner-occupied64.2%
Vacant4.6%
Price-to-income5.0x
Est. income to buy$114,000