Property Prices in Colorado Springs, CO, United States

Index Info
Price to Income Ratio: 2.82
Mortgage as Percentage of Income: 25.43%
Loan Affordability Index: 3.93
Price to Rent Ratio - City Centre: 7.04
Price to Rent Ratio - Outside of Centre: 8.14
Gross Rental Yield (City Centre): 14.21%
Gross Rental Yield (Outside of Centre): 12.28%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,700.00 $ 1,500.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,500.00 $ 1,000.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,433.33 $ 2,000.00-2,700.00
Apartment (3 bedrooms) Outside of Centre 2,055.00 $ 1,600.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 220.14 $ 215.00-230.96
Price per Square Feet to Buy Apartment Outside of Centre 220.99 $ 215.00-230.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,214.87 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.19-6.80

These data are based on 97 entries in the past 18 months from 22 different contributors.
Last update: December 2024

Sources and References
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