How much is a home worth in ZIP code 80915?

The typical home in 80915 is worth $380,937, based on the Zillow Home Value Index.

Are home values rising in 80915?

Home values in 80915 are down 1.7% over the past year, and up 2.6% a year over five years.

What is the typical rent in 80915?

A typical home in 80915 rents for about $1,695 a month, a gross rental yield of 5.3%.

What is the property tax rate in 80915?

The effective property tax rate in 80915 is 0.4% — roughly $1,704 a year on a typical home.

ZIP code 80915 has a population of 23,884 and a median household income of $72,352.

HousingHandbookReference data

…

U.S. ZIP Code · CO80915

El Paso County · Colorado Springs, CO

Typical home value

$380,937^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.7%
5-year / yr: +2.6%
10-year / yr: +6.8%

Relative price

vs U.S.: +34.1%
vs metro: -15.5%
vs state: -24.1%

Price history

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

The typical home in 80915 is worth $380,937 — 15.5% below the Colorado Springs, CO median. Over the past year, values have fallen 1.7%. Homes here rent for a typical $1,695 a month — a 5.3% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

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

Monthly rent: $1,695^[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: 0.4%^[3]
Typical annual tax: $1,704^[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: 23,884^[3]
Median household income: $72,352^[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: 10
Elementary: 4
Middle: 1
High: 2

Thomas MacLaren State Charter School
Other · Grades K–12 · State Charter School Institute
965 students
Horizon Middle School
Middle · Grades 6–8 · El Paso County Colorado School District 49
780 students
Colorado Military Academy
Other · Grades PK–12 · State Charter School Institute
569 students
Evans Elementary School
Elementary · Grades PK–5 · El Paso County Colorado School District 49
508 students
McAuliffe Elementary
Elementary · Grades PK–5 · Colorado Springs School District No. 11 in the county of E
481 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$20,343

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$1,926

Loan principal$304,750

Down payment$76,187

Total interest paid$388,691

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 ratio1.41

Monthly cost to own$2,387

Monthly rent$1,695

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: 36th percentile^[1]
Rental yield: 69th percentile^[2]
Property tax: 78th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80915?: The typical home in 80915 is worth $380,937, based on the Zillow Home Value Index.
Are home values rising in 80915?: Home values in 80915 are down 1.7% over the past year, and up 2.6% a year over five years.
What is the typical rent in 80915?: A typical home in 80915 rents for about $1,695 a month, a gross rental yield of 5.3%.
What is the property tax rate in 80915?: The effective property tax rate in 80915 is 0.4% — roughly $1,704 a year on a typical home.
Who lives in 80915?: ZIP code 80915 has a population of 23,884 and a median household income of $72,352.

#Comparable ZIPs

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

80903 vs 80915 →
Colorado Springs, CO
Typical home
$385,089
Gross yield
5.3%
80905 vs 80915 →
Colorado Springs, CO
Typical home
$376,533
Gross yield
4.6%
80911
Security-Widefield CDP, CO
Typical home
$371,891
Gross yield
7.0%
80909
Colorado Springs, CO
Typical home
$368,708
Gross yield
4.0%
80819
Cascade-Chipita Park CDP, CO
Typical home
$394,616
Gross yield
—
80817
Fountain, CO
Typical home
$396,009
Gross yield
6.4%

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

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Pit ZIP 80915 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CO80915

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