How much is a home worth in ZIP code 80238?

The typical home in 80238 is worth $767,081, based on the Zillow Home Value Index.

Are home values rising in 80238?

Home values in 80238 are down 3.9% over the past year, and up 2.0% a year over five years.

What is the typical rent in 80238?

A typical home in 80238 rents for about $2,121 a month, a gross rental yield of 3.3%.

What is the property tax rate in 80238?

The effective property tax rate in 80238 is 0.7% — roughly $5,644 a year on a typical home.

ZIP code 80238 has a population of 30,575 and a median household income of $180,940.

HousingHandbookReference data

…

U.S. ZIP Code · CO80238

Denver County · Denver-Aurora-Centennial, CO

Typical home value

$767,081^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.9%
5-year / yr: +2.0%
10-year / yr: +3.7%

Relative price

vs U.S.: +170.0%
vs metro: +37.1%
vs state: +52.8%

Price history

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

The typical home in 80238 is worth $767,081 — 37.1% above the Denver-Aurora-Centennial, CO median. Over the past year, values have fallen 3.9%. Homes here rent for a typical $2,121 a month — a 3.3% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $2,121^[2]
Gross yield: 3.3%^[2]
Cap rate: 2.0%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $5,644^[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: 30,575^[3]
Median household income: $180,940^[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: 11
Elementary: 6
Middle: 3
High: 2

Northfield High School
High · Grades 9–12 · School District No. 1 in the county of Denver and State of C
2,066 students
William (Bill) Roberts ECE-8 School
Elementary · Grades K–8 · School District No. 1 in the county of Denver and State of C
851 students
Westerly Creek Elementary
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
673 students
Swigert International School
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
653 students
Inspire Elementary
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
629 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 yield3.3%

Net yield (after ~40% expenses)2.0%

Annual rent$25,456

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$3,879

Loan principal$613,665

Down payment$153,416

Total interest paid$782,696

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 ratio2.35

Monthly cost to own$4,991

Monthly rent$2,121

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: 33rd percentile^[1]
Rental yield: 17th percentile^[2]
Property tax: 95th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80238?: The typical home in 80238 is worth $767,081, based on the Zillow Home Value Index.
Are home values rising in 80238?: Home values in 80238 are down 3.9% over the past year, and up 2.0% a year over five years.
What is the typical rent in 80238?: A typical home in 80238 rents for about $2,121 a month, a gross rental yield of 3.3%.
What is the property tax rate in 80238?: The effective property tax rate in 80238 is 0.7% — roughly $5,644 a year on a typical home.
Who lives in 80238?: ZIP code 80238 has a population of 30,575 and a median household income of $180,940.

#Comparable ZIPs

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

80433 vs 80238 →
Aspen Park CDP, CO
Typical home
$757,278
Gross yield
—
80126 vs 80238 →
Highlands Ranch CDP, CO
Typical home
$754,648
Gross yield
4.5%
80230
Denver, CO
Typical home
$785,477
Gross yield
3.2%
80016
Aurora, CO
Typical home
$747,493
Gross yield
3.3%
80212
Denver, CO
Typical home
$741,313
Gross yield
4.2%
80125
Roxborough Park CDP, CO
Typical home
$732,994
Gross yield
3.8%

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#Jump to section

U.S. ZIP Code · CO80238

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