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Colorado Springs city, CO

ZIP 80924 — 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 80924

Median Home Value
$621,700
Median Rent
$1,928
Affordability Snapshot
$171,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,994/mo PITI).

17%
Rent-to-Income Ratio

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

4.5x
Home Price-to-Income Ratio

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

26.9 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 80924 in Colorado Springs city, CO, a household would need roughly $171,000 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 $3,994. That is about 24% above the local median household income ($137,838), 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
66.0%+1% vs US avg
x
Vacancy Rate
2.1%-79% vs US avg
x
Broadband Access
96.4%+11% vs US avg
x
4+ Bedrooms
27.6%+87% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
13.2%+91% vs US avg
x
Rent Burden >30%
19.0%-62% vs US avg
x
Mortgage-Free
19.7%-48% vs US avg
x
$621,700
Home Value
$1,928
Rent
2013
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached68.6%
  • 1-unit attached5.2%
  • 2-9 units3.2%
  • 10+ units22.7%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$621,700
Median rent$1,928
Owner-occupied66.0%
Vacant2.1%
Price-to-income4.5x
Est. income to buy$171,000