How much is a home worth in ZIP code 80231?

The typical home in 80231 is worth $412,154, based on the Zillow Home Value Index.

Are home values rising in 80231?

Home values in 80231 are down 6.0% over the past year, and up 1.0% a year over five years.

What is the typical rent in 80231?

A typical home in 80231 rents for about $1,509 a month, a gross rental yield of 4.4%.

What is the property tax rate in 80231?

The effective property tax rate in 80231 is 0.5% — roughly $2,035 a year on a typical home.

ZIP code 80231 has a population of 35,883 and a median household income of $76,502.

HousingHandbookReference data

…

U.S. ZIP Code · CO80231

Denver County · Denver-Aurora-Centennial, CO

Typical home value

$412,154^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -6.0%
5-year / yr: +1.0%
10-year / yr: +3.9%

Relative price

vs U.S.: +45.1%
vs metro: -26.3%
vs state: -17.9%

Price history

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

The typical home in 80231 is worth $412,154 — 26.3% below the Denver-Aurora-Centennial, CO median. Over the past year, values have fallen 6.0%. Homes here rent for a typical $1,509 a month — a 4.4% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent: $1,509^[2]
Gross yield: 4.4%^[2]
Cap rate: 2.6%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $2,035^[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: 35,883^[3]
Median household income: $76,502^[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: 5
Elementary: 4
Middle: 1
High: 0

Hamilton Middle School
Middle · Grades 6–8 · School District No. 1 in the county of Denver and State of C
700 students
Rocky Mountain Prep Creekside
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
599 students
Challenge School
Elementary · Grades PK–8 · Cherry Creek School District No. 5 in the county of Arapah
563 students
Holm Elementary School
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
484 students
Joe Shoemaker School
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
439 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 yield4.4%

Net yield (after ~40% expenses)2.6%

Annual rent$18,110

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$2,084

Loan principal$329,723

Down payment$82,431

Total interest paid$420,543

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 ratio1.72

Monthly cost to own$2,596

Monthly rent$1,509

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: 10th percentile^[1]
Rental yield: 58th percentile^[2]
Property tax: 40th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80231?: The typical home in 80231 is worth $412,154, based on the Zillow Home Value Index.
Are home values rising in 80231?: Home values in 80231 are down 6.0% over the past year, and up 1.0% a year over five years.
What is the typical rent in 80231?: A typical home in 80231 rents for about $1,509 a month, a gross rental yield of 4.4%.
What is the property tax rate in 80231?: The effective property tax rate in 80231 is 0.5% — roughly $2,035 a year on a typical home.
Who lives in 80231?: ZIP code 80231 has a population of 35,883 and a median household income of $76,502.

#Comparable ZIPs

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

80011 vs 80231 →
Aurora, CO
Typical home
$411,142
Gross yield
4.6%
80017 vs 80231 →
Aurora, CO
Typical home
$409,450
Gross yield
4.6%
80260
Thornton, CO
Typical home
$405,600
Gross yield
4.6%
80427
Central City, CO
Typical home
$423,919
Gross yield
—
80010
Aurora, CO
Typical home
$399,658
Gross yield
4.6%
80449
Hartsel CDP, CO
Typical home
$398,430
Gross yield
—

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#Jump to section

U.S. ZIP Code · CO80231

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