How much is a home worth in ZIP code 80121?

The typical home in 80121 is worth $700,322, based on the Zillow Home Value Index.

Are home values rising in 80121?

Home values in 80121 are down 3.1% over the past year, and up 2.7% a year over five years.

What is the typical rent in 80121?

A typical home in 80121 rents for about $2,010 a month, a gross rental yield of 3.4%.

What is the property tax rate in 80121?

The effective property tax rate in 80121 is 0.6% — roughly $3,868 a year on a typical home.

ZIP code 80121 has a population of 18,029 and a median household income of $142,056.

HousingHandbookReference data

…

U.S. ZIP Code · CO80121

Arapahoe County · Denver-Aurora-Centennial, CO

Typical home value

$700,322^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.1%
5-year / yr: +2.7%
10-year / yr: +4.9%

Relative price

vs U.S.: +146.5%
vs metro: +25.2%
vs state: +39.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 80121 is worth $700,322 — 25.2% above the Denver-Aurora-Centennial, CO median. Over the past year, values have fallen 3.1%. Homes here rent for a typical $2,010 a month — a 3.4% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,010^[2]
Gross yield: 3.4%^[2]
Cap rate: 2.1%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.6%^[3]
Typical annual tax: $3,868^[3]

#Climate risk

FEMA National Risk Index ratings for Arapahoe County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Not Applicable
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 18,029^[3]
Median household income: $142,056^[3]

#Migration

Household moves in and out of Arapahoe County over a year, from IRS tax-return data.

Net migration: -1,801^[5]
Moved in: 30,858
Moved out: 32,659

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 3
Middle: 1
High: 1

Littleton High School
High · Grades 9–12 · Littleton School District No. 6 in the county of Arapahoe
1,192 students
West Middle School
Middle · Grades 6–8 · Cherry Creek School District No. 5 in the county of Arapah
986 students
Gudy Gaskill Elementary
Elementary · Grades K–5 · Littleton School District No. 6 in the county of Arapahoe
523 students
Lois Lenski Elementary School
Elementary · Grades K–5 · Littleton School District No. 6 in the county of Arapahoe
503 students
The Village
Prekindergarten · Grades PK · Littleton School District No. 6 in the county of Arapahoe
323 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.4%

Net yield (after ~40% expenses)2.1%

Annual rent$24,124

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,541

Loan principal$560,258

Down payment$140,064

Total interest paid$714,578

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.21

Monthly cost to own$4,446

Monthly rent$2,010

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 59th percentile^[1]
Rental yield: 20th percentile^[2]
Property tax: 66th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80121?: The typical home in 80121 is worth $700,322, based on the Zillow Home Value Index.
Are home values rising in 80121?: Home values in 80121 are down 3.1% over the past year, and up 2.7% a year over five years.
What is the typical rent in 80121?: A typical home in 80121 rents for about $2,010 a month, a gross rental yield of 3.4%.
What is the property tax rate in 80121?: The effective property tax rate in 80121 is 0.6% — roughly $3,868 a year on a typical home.
Who lives in 80121?: ZIP code 80121 has a population of 18,029 and a median household income of $142,056.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

80130 vs 80121 →
Highlands Ranch CDP, CO
Typical home
$696,652
Gross yield
4.5%
80117 vs 80121 →
Kiowa, CO
Typical home
$690,234
Gross yield
—
80211
Denver, CO
Typical home
$715,075
Gross yield
3.6%
80454
Indian Hills CDP, CO
Typical home
$685,459
Gross yield
—
80134
Parker, CO
Typical home
$684,960
Gross yield
4.3%
80215
Lakewood, CO
Typical home
$684,085
Gross yield
3.2%

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Pit ZIP 80121 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CO80121

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