HousingHandbookReference data

U.S. ZIP Code · CO80487

Routt County

Typical home value

$1,294,994[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.4%
5-year / yr
+9.3%
10-year / yr
+9.7%

Relative price

vs U.S.
+355.9%
vs metro
vs state
+158.0%
ZIP 80487 location in CO
Location of ZIP 80487 in CO

Price history

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

The typical home in 80487 is worth $1,294,994. Over the past year, values have risen 3.4%. Homes here rent for a typical $3,222 a month — a 3.0% gross rental yield. The effective property tax rate is 0.3%.

#Rent & investment

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

Monthly rent
$3,222[2]
Gross yield
3.0%[2]
Cap rate
1.8%[2]

#Property tax

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

Effective tax rate
0.3%[3]
Typical annual tax
$3,485[3]

#Climate risk

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

Overall risk
Very Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
No Rating
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Very Low
Winter weather
Relatively Moderate

#Who lives here

Population
18,525[3]
Median household income
$109,659[3]

#Migration

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

Net migration
-101[5]
Moved in
1,008
Moved out
1,109

Schools

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

Public schools
7
Elementary
4
Middle
1
High
2
  • Steamboat Springs High School

    High · Grades 9–12 · Steamboat Springs School District No. Re 2

    845 students

  • Steamboat Springs Middle School

    Middle · Grades 6–8 · Steamboat Springs School District No. Re 2

    479 students

  • Soda Creek Elementary School

    Elementary · Grades PK–5 · Steamboat Springs School District No. Re 2

    384 students

  • Strawberry Park Elementary School

    Elementary · Grades PK–5 · Steamboat Springs School District No. Re 2

    373 students

  • Sleeping Giant School

    Elementary · Grades PK–8 · Steamboat Springs School District No. Re 2

    372 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.

Gross yield3.0%
Net yield (after ~40% expenses)1.8%
Annual rent$38,660

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.

Monthly payment$6,548
Loan principal$1,035,996
Down payment$258,999
Total interest paid$1,321,355

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.

Own : rent ratio2.46
Monthly cost to own$7,919
Monthly rent$3,222

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
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 80487?
The typical home in 80487 is worth $1,294,994, based on the Zillow Home Value Index.
Are home values rising in 80487?
Home values in 80487 are up 3.4% over the past year, and up 9.3% a year over five years.
What is the typical rent in 80487?
A typical home in 80487 rents for about $3,222 a month, a gross rental yield of 3.0%.
What is the property tax rate in 80487?
The effective property tax rate in 80487 is 0.3% — roughly $3,485 a year on a typical home.
Who lives in 80487?
ZIP code 80487 has a population of 18,525 and a median household income of $109,659.

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