Property Prices in Colorado Springs, CO, United States

Index Info
Price to Income Ratio: 2.44
Mortgage as Percentage of Income: 20.12%
Loan Affordability Index: 4.97
Price to Rent Ratio - City Centre: 8.17
Price to Rent Ratio - Outside of Centre: 8.60
Gross Rental Yield (City Centre): 12.24%
Gross Rental Yield (Outside of Centre): 11.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,437.50 $ 1,200.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,105.56 $ 900.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,383.33 $ 2,000.00-2,700.00
Apartment (3 bedrooms) Outside of Centre 1,986.11 $ 1,600.00-2,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 229.60 $ 178.00-411.00
Price per Square Feet to Buy Apartment Outside of Centre 192.50 $ 180.00-225.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,658.01 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.49 4.50-6.25

These data are based on 81 entries in the past 18 months from 13 different contributors.
Last update: June 2023

Sources and References
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