How much is a home worth in ZIP code 80903?

The typical home in 80903 is worth $385,089, based on the Zillow Home Value Index.

Are home values rising in 80903?

Home values in 80903 are down 3.2% over the past year, and up 1.2% a year over five years.

What is the typical rent in 80903?

A typical home in 80903 rents for about $1,702 a month, a gross rental yield of 5.3%.

What is the property tax rate in 80903?

The effective property tax rate in 80903 is 0.5% — roughly $1,886 a year on a typical home.

ZIP code 80903 has a population of 16,491 and a median household income of $61,768.

HousingHandbookReference data

…

U.S. ZIP Code · CO80903

El Paso County · Colorado Springs, CO

Typical home value

$385,089^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.2%
5-year / yr: +1.2%
10-year / yr: +6.3%

Relative price

vs U.S.: +35.6%
vs metro: -14.5%
vs state: -23.3%

Price history

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

The typical home in 80903 is worth $385,089 — 14.5% below the Colorado Springs, CO median. Over the past year, values have fallen 3.2%. Homes here rent for a typical $1,702 a month — a 5.3% 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: $1,702^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $1,886^[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: 16,491^[3]
Median household income: $61,768^[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: 5
Elementary: 1
Middle: 1
High: 2

Palmer High School
High · Grades 9–12 · Colorado Springs School District No. 11 in the county of E
1,344 students
North Middle School
Middle · Grades 6–8 · Colorado Springs School District No. 11 in the county of E
594 students
Columbia Elementary School
Elementary · Grades PK–5 · Colorado Springs School District No. 11 in the county of E
295 students
Community Prep Charter School
High · Grades 9–12 · Colorado Springs School District No. 11 in the county of E
167 students
Colorado School for the Deaf and Blind
Other · Grades PK–12 · Colorado School for the Deaf and Blind
160 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 yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$20,421

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$1,947

Loan principal$308,071

Down payment$77,018

Total interest paid$392,928

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 ratio1.43

Monthly cost to own$2,425

Monthly rent$1,702

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: 0th percentile^[1]
Rental yield: 62nd percentile^[2]
Property tax: 89th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80903?: The typical home in 80903 is worth $385,089, based on the Zillow Home Value Index.
Are home values rising in 80903?: Home values in 80903 are down 3.2% over the past year, and up 1.2% a year over five years.
What is the typical rent in 80903?: A typical home in 80903 rents for about $1,702 a month, a gross rental yield of 5.3%.
What is the property tax rate in 80903?: The effective property tax rate in 80903 is 0.5% — roughly $1,886 a year on a typical home.
Who lives in 80903?: ZIP code 80903 has a population of 16,491 and a median household income of $61,768.

#Comparable ZIPs

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

80915 vs 80903 →
Cimarron Hills CDP, CO
Typical home
$380,937
Gross yield
5.3%
80905 vs 80903 →
Colorado Springs, CO
Typical home
$376,533
Gross yield
4.6%
80819
Cascade-Chipita Park CDP, CO
Typical home
$394,616
Gross yield
—
80817
Fountain, CO
Typical home
$396,009
Gross yield
6.4%
80911
Security-Widefield CDP, CO
Typical home
$371,891
Gross yield
7.0%
80917
Colorado Springs, CO
Typical home
$399,096
Gross yield
3.7%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 80903 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CO80903

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