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RE Intelligence

Rental numbers for El Paso County, CO

The typical home here runs -$1,627 a month at 7.78% with 25% down. 0 of 26 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.0%.

Gross yield
4.8%
typical home, Zillow
Median ZIP yield
5.0%
26 ZIPs with full data
Cash flow
-$1,627/mo
at 7.78%, 25% down
Typical price
$447,000
Zillow ZHVI, Aug 2026
Typical rent
$1,780/mo
Zillow ZORI, Aug 2026

ZIP codes in El Paso County

33 with published figures

80911Security-Widefield$365,000$2,2097.2%4.1%-$715+4.1%
80951Colorado Springs$422,000$2,4236.9%3.9%-$920n/a
80925Colorado Springs$441,000$2,4946.8%3.6%-$1,057+5.4%
80817Fountain$389,000$2,0606.3%3.4%-$990+5.4%
80831Peyton$536,000$2,7466.1%3.4%-$1,382+4.3%
80915Colorado Springs$375,000$1,7455.6%2.7%-$1,178+1.9%
80910Colorado Springs$315,000$1,4655.6%2.6%-$1,020+3.4%
80922Colorado Springs$441,000$2,0375.5%2.8%-$1,346+3.3%
80903Colorado Springs$375,000$1,7275.5%2.7%-$1,186+0.1%
80916Colorado Springs$335,000$1,5115.4%2.5%-$1,107+2.6%
80927Colorado Springs$493,000$2,1855.3%2.4%-$1,654+0.2%
80928Fountain$414,000$1,820*5.3%2.6%-$1,327n/a
80905Colorado Springs$369,000$1,5585.1%2.3%-$1,296+2.0%
80923Colorado Springs$460,000$1,9465.1%2.4%-$1,562+2.7%
80907Colorado Springs$395,000$1,5964.9%2.1%-$1,425+2.1%
80809Cascade$512,000$2,010*4.7%2.0%-$1,903n/a
80819Green Mountain Falls$395,000$1,530*4.7%1.8%-$1,530n/a
80917Colorado Springs$392,000$1,4784.5%1.8%-$1,508-1.4%
80904Colorado Springs$433,000$1,6264.5%1.9%-$1,659+2.2%
80920Colorado Springs$515,000$1,8794.4%1.8%-$1,998+3.5%
80918Colorado Springs$429,000$1,5474.3%1.7%-$1,696+1.8%
80133Palmer Lake$514,000$1,810*4.2%1.7%-$2,023n/a
80909Colorado Springs$362,000$1,2534.2%1.5%-$1,511+1.9%
80906Colorado Springs$520,000$1,6813.9%1.4%-$2,194+5.3%
80908Colorado Springs$666,000$2,0373.7%1.3%-$2,868+3.1%
80924Colorado Springs$645,000$1,9573.6%1.1%-$2,866+0.7%
80132Monument$744,000$2,2293.6%1.3%-$3,205+2.5%
80919Colorado Springs$585,000$1,6753.4%1.1%-$2,607+1.6%
80921Monument$709,000$1,9043.2%0.9%-$3,303+1.6%
80926Colorado Springs$661,000$1,710*3.1%0.9%-$3,066n/a
80829Manitou Springs$545,000$1,2902.8%0.5%-$2,716+4.5%
80808Calhan$479,000$1,130*2.8%0.6%-$2,331n/a
80106Elbert$722,000$1,350*2.3%0.2%-$3,774n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
-1.4%
Rent, 12 months
+2.2%
Rent minus price growth
+3.6 pts
Property tax
0.41%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10010511011520222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$428,513$1,579
Aug 2022$483,577$1,695
Aug 2023$461,184$1,712
Aug 2024$464,434$1,751
Aug 2025$453,462$1,741
Aug 2026$447,179$1,780

HUD Fair Market Rent

FY2027, Colorado Springs, CO HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,129$1,380$1,621$2,245$2,574

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
19.8
5,743 units, last 12 months
National percentile
90th
among US counties

Tools

Test a listing in El Paso County against today's rate.

Open the calculator

Part of the Colorado Springs, CO metro.

Questions

Is El Paso County good for rental property?
The typical home here runs -$1,627 a month at 7.78% with 25% down. 0 of 26 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.0%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in El Paso County?
About 0.41% of value, from Census ACS median taxes paid over median home value. On a $447,000 home that is about $1,820 a year.
What is Fair Market Rent in El Paso County?
HUD's FY2027 Fair Market Rent here is $1,380 for a 1-bedroom, $1,621 for a 2-bedroom and $2,245 for a 3-bedroom. Typical cash flow at today's rate is -$1,627 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.