Property Prices in Colorado Springs, CO, United States

Index Info
Price to Income Ratio: 2.78
Mortgage as Percentage of Income: 25.02%
Loan Affordability Index: 4.00
Price to Rent Ratio - City Centre: 7.44
Price to Rent Ratio - Outside of Centre: 8.64
Gross Rental Yield (City Centre): 13.43%
Gross Rental Yield (Outside of Centre): 11.57%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,542.86 $ 1,200.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,314.29 $ 1,000.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,350.00 $ 2,000.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 2,062.50 $ 1,975.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 216.67 $ 215.00-225.01
Price per Square Feet to Buy Apartment Outside of Centre 217.00 $ 215.00-225.01
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,202.21 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.59 6.19-6.80

These data are based on 96 entries in the past 18 months from 22 different contributors.
Last update: July 2024

Sources and References
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