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Colorado Springs, CO Real Estate

Colorado Springs anchors one of Colorado's largest metro areas with a population of about 483,099. The median home value is near $420,700, and median rent runs around $1,562/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$420,700
Median Rent
$1,562/mo
Population
483,099
Median Income
$83,198
Median Age
35.6
Homeownership
61.3%

Monthly payment on a median Colorado Springs home

Example for a $420,700 home: 20% down, 30-yr at ~6.75%, CO property tax ~0.49%, 0.4% insurance.

Est. monthly (PITI)
$2,495
Principal & interest
$2,183
Property tax / mo
$172
Down payment (20%)
$84,140

Colorado Springs at a glance

  • 25.2% of residents 25+ hold a bachelor's degree or higher.
  • 61.3% of occupied homes are owner-occupied.
  • Median household income is $83,198.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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