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Colorado Springs city, CO

ZIP 80920 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 80920

Median Home Value
$484,900
Median Rent
$1,796
Affordability Snapshot
$134,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,115/mo PITI).

19%
Rent-to-Income Ratio

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

4.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.5 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 80920 in Colorado Springs city, CO, a household would need roughly $134,000 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 $3,115. That is about 20% above the local median household income ($111,233), 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
67.4%+3% vs US avg
x
Vacancy Rate
2.0%-80% vs US avg
x
Broadband Access
98.0%+13% vs US avg
x
4+ Bedrooms
19.1%+29% vs US avg
x
Built Pre-1939
0.1%-99% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
22.2%-55% vs US avg
x
Mortgage-Free
28.3%-26% vs US avg
x
$484,900
Home Value
$1,796
Rent
1993
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached72.5%
  • 1-unit attached7.3%
  • 2-9 units8.2%
  • 10+ units11.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$484,900
Median rent$1,796
Owner-occupied67.4%
Vacant2.0%
Price-to-income4.4x
Est. income to buy$134,000