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Colorado Springs city, CO

ZIP 80905 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 80905

Median Home Value
$349,500
Median Rent
$1,282
Affordability Snapshot
$96,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,245/mo PITI).

24%
Rent-to-Income Ratio

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

5.4x
Home Price-to-Income Ratio

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

22.7 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 80905 in Colorado Springs city, CO, a household would need roughly $96,000 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 $2,245. That is about 49% above the local median household income ($64,496), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
48.3%-26% vs US avg
x
Vacancy Rate
6.4%-38% vs US avg
x
Broadband Access
91.5%+5% vs US avg
x
4+ Bedrooms
4.3%-71% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
27.0%-46% vs US avg
x
Mortgage-Free
27.2%-29% vs US avg
x
$349,500
Home Value
$1,282
Rent
1964
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached58.0%
  • 1-unit attached5.9%
  • 2-9 units5.8%
  • 10+ units29.4%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$349,500
Median rent$1,282
Owner-occupied48.3%
Vacant6.4%
Price-to-income5.4x
Est. income to buy$96,000