Property Prices in Colorado Springs, CO, United States

Index Info
Price to Income Ratio: 2.79
Mortgage as Percentage of Income: 25.06%
Loan Affordability Index: 3.99
Price to Rent Ratio - City Centre: 7.58
Price to Rent Ratio - Outside of Centre: 8.38
Gross Rental Yield (City Centre): 13.19%
Gross Rental Yield (Outside of Centre): 11.94%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,500.00 $ 1,200.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,342.86 $ 1,100.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,383.33 $ 2,000.00-2,700.00
Apartment (3 bedrooms) Outside of Centre 2,150.00 $ 2,000.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 218.34 $ 215.00-225.01
Price per Square Feet to Buy Apartment Outside of Centre 216.67 $ 215.00-225.01
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,188.73 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.53 6.05-6.80

These data are based on 98 entries in the past 18 months from 22 different contributors.
Last update: April 2024

Sources and References
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