How much is a home worth in ZIP code 80829?

The typical home in 80829 is worth $550,736, based on the Zillow Home Value Index.

Are home values rising in 80829?

Home values in 80829 are up 0.0% over the past year, and up 3.2% a year over five years.

What is the typical rent in 80829?

A typical home in 80829 rents for about $1,369 a month, a gross rental yield of 3.0%.

What is the property tax rate in 80829?

The effective property tax rate in 80829 is 0.5% — roughly $2,483 a year on a typical home.

ZIP code 80829 has a population of 5,312 and a median household income of $91,275.

HousingHandbookReference data

…

U.S. ZIP Code · CO80829

El Paso County · Colorado Springs, CO

Typical home value

$550,736^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: 0.0%
5-year / yr: +3.2%
10-year / yr: +5.8%

Relative price

vs U.S.: +93.9%
vs metro: +22.2%
vs state: +9.7%

Price history

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

The typical home in 80829 is worth $550,736 — 22.2% above the Colorado Springs, CO median. Over the past year, values have risen 0.0%. Homes here rent for a typical $1,369 a month — a 3.0% 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: $1,369^[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: 0.5%^[3]
Typical annual tax: $2,483^[3]

#Climate risk

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

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

#Who lives here

Population: 5,312^[3]
Median household income: $91,275^[3]

#Migration

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

Net migration: +927^[5]
Moved in: 28,475
Moved out: 27,548

Schools

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

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

Manitou Springs High School
High · Grades 9–12 · Manitou Springs School District No. 14 in the county of El
400 students
Manitou Springs Elementary School
Elementary · Grades PK–5 · Manitou Springs School District No. 14 in the county of El
350 students
Manitou Springs Middle School
Middle · Grades 6–8 · Manitou Springs School District No. 14 in the county of El
288 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 yield3.0%

Net yield (after ~40% expenses)1.8%

Annual rent$16,423

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$2,785

Loan principal$440,588

Down payment$110,147

Total interest paid$561,946

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 ratio2.52

Monthly cost to own$3,450

Monthly rent$1,369

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: 72nd percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 81st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80829?: The typical home in 80829 is worth $550,736, based on the Zillow Home Value Index.
Are home values rising in 80829?: Home values in 80829 are up 0.0% over the past year, and up 3.2% a year over five years.
What is the typical rent in 80829?: A typical home in 80829 rents for about $1,369 a month, a gross rental yield of 3.0%.
What is the property tax rate in 80829?: The effective property tax rate in 80829 is 0.5% — roughly $2,483 a year on a typical home.
Who lives in 80829?: ZIP code 80829 has a population of 5,312 and a median household income of $91,275.

#Comparable ZIPs

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

80831 vs 80829 →
Colorado Springs, CO
Typical home
$544,199
Gross yield
5.8%
80863 vs 80829 →
Woodland Park, CO
Typical home
$535,323
Gross yield
4.7%
80906
Colorado Springs, CO
Typical home
$529,962
Gross yield
3.7%
80920
Colorado Springs, CO
Typical home
$526,733
Gross yield
4.5%
80133
Palmer Lake, CO
Typical home
$523,505
Gross yield
—
80809
Cascade-Chipita Park CDP, CO
Typical home
$508,906
Gross yield
—

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Pit ZIP 80829 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CO80829

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