Property Prices in Colorado Springs, CO, United States

Index Info
Price to Income Ratio: 3.88
Mortgage as Percentage of Income: 27.89%
Loan Affordability Index: 3.59
Price to Rent Ratio - City Centre: 13.00
Price to Rent Ratio - Outside of Centre: 9.69
Gross Rental Yield (City Centre): 7.69%
Gross Rental Yield (Outside of Centre): 10.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,268.61 $ 1,000.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,089.05 $ 943.00-1,600.00
Apartment (3 bedrooms) in City Centre 1,872.94 $ 1,745.50-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,573.36 $ 1,473.75-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 307.30 $ 239.40-414.80
Price per Square Feet to Buy Apartment Outside of Centre 194.86 $ 147.00-227.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,480.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.86 3.00-4.75

These data are based on 166 entries in the past 18 months from 34 different contributors.
Last update: June 2021

Sources and References
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