Property Prices in Colorado Springs, CO, United States

Index Info
Price to Income Ratio: 3.88
Mortgage as Percentage of Income: 28.70%
Loan Affordability Index: 3.48
Price to Rent Ratio - City Centre: 13.43
Price to Rent Ratio - Outside of Centre: 10.20
Gross Rental Yield (City Centre): 7.44%
Gross Rental Yield (Outside of Centre): 9.81%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,201.31 $ 1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre 985.64 $ 800.00-1,134.00
Apartment (3 bedrooms) in City Centre 1,871.59 $ 1,745.50-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,560.39 $ 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 192.64 $ 147.00-227.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,471.14 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.21 3.50-4.75

These data are based on 181 entries in the past 18 months from 34 different contributors.
Last update: January 2021

Sources and References
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