Property Prices in Colorado Springs, CO, United States

Index Info
Price to Income Ratio: 2.82
Mortgage as Percentage of Income: 25.51%
Loan Affordability Index: 3.92
Price to Rent Ratio - City Centre: 6.62
Price to Rent Ratio - Outside of Centre: 7.62
Gross Rental Yield (City Centre): 15.10%
Gross Rental Yield (Outside of Centre): 13.13%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,823.75 $ 1,500.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,550.00 $ 1,100.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,585.71 $ 2,400.00-2,900.00
Apartment (3 bedrooms) Outside of Centre 2,329.17 $ 1,975.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 221.49 $ 215.00-250.00
Price per Square Feet to Buy Apartment Outside of Centre 221.57 $ 215.00-230.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,230.82 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.65 6.19-6.80

These data are based on 110 entries in the past 18 months from 26 different contributors.
Last update: February 2025

Sources and References
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