How much is a home worth in ZIP code 80223?

The typical home in 80223 is worth $461,060, based on the Zillow Home Value Index.

Are home values rising in 80223?

Home values in 80223 are down 4.9% over the past year, and up 0.7% a year over five years.

What is the typical rent in 80223?

A typical home in 80223 rents for about $1,807 a month, a gross rental yield of 4.7%.

What is the property tax rate in 80223?

The effective property tax rate in 80223 is 0.4% — roughly $1,882 a year on a typical home.

ZIP code 80223 has a population of 19,246 and a median household income of $79,151.

HousingHandbookReference data

…

U.S. ZIP Code · CO80223

Denver County · Denver-Aurora-Centennial, CO

Typical home value

$461,060^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.9%
5-year / yr: +0.7%
10-year / yr: +5.2%

Relative price

vs U.S.: +62.3%
vs metro: -17.6%
vs state: -8.1%

Price history

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

The typical home in 80223 is worth $461,060 — 17.6% below the Denver-Aurora-Centennial, CO median. Over the past year, values have fallen 4.9%. Homes here rent for a typical $1,807 a month — a 4.7% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

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

Monthly rent: $1,807^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $1,882^[3]

#Climate risk

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

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

#Who lives here

Population: 19,246^[3]
Median household income: $79,151^[3]

#Migration

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

Net migration: +2,016^[5]
Moved in: 47,737
Moved out: 45,721

Schools

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

Public schools: 10
Elementary: 5
Middle: 1
High: 4

Denver Online
High · Grades 6–12 · School District No. 1 in the county of Denver and State of C
611 students
KIPP Denver Collegiate High School
High · Grades 9–12 · School District No. 1 in the county of Denver and State of C
471 students
KIPP Sunshine Peak Academy
Middle · Grades 5–8 · School District No. 1 in the county of Denver and State of C
364 students
Denver Center for International Studies at Fairmon
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
355 students
Valverde Elementary School
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
347 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 yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$21,688

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$2,331

Loan principal$368,848

Down payment$92,212

Total interest paid$470,445

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 ratio1.59

Monthly cost to own$2,873

Monthly rent$1,807

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: 6th percentile^[1]
Rental yield: 76th percentile^[2]
Property tax: 14th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80223?: The typical home in 80223 is worth $461,060, based on the Zillow Home Value Index.
Are home values rising in 80223?: Home values in 80223 are down 4.9% over the past year, and up 0.7% a year over five years.
What is the typical rent in 80223?: A typical home in 80223 rents for about $1,807 a month, a gross rental yield of 4.7%.
What is the property tax rate in 80223?: The effective property tax rate in 80223 is 0.4% — roughly $1,882 a year on a typical home.
Who lives in 80223?: ZIP code 80223 has a population of 19,246 and a median household income of $79,151.

#Comparable ZIPs

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

80221 vs 80223 →
Berkley CDP, CO
Typical home
$459,223
Gross yield
6.5%
80249 vs 80223 →
Denver, CO
Typical home
$465,944
Gross yield
5.0%
80456
CO
Typical home
$451,854
Gross yield
—
80233
Thornton, CO
Typical home
$470,297
Gross yield
4.5%
80101
CO
Typical home
$471,745
Gross yield
—
80013
Aurora, CO
Typical home
$472,230
Gross yield
5.3%

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Pit ZIP 80223 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CO80223

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