How much is a home worth in ZIP code 80916?

The typical home in 80916 is worth $343,187, based on the Zillow Home Value Index.

Are home values rising in 80916?

Home values in 80916 are down 2.7% over the past year, and up 2.4% a year over five years.

What is the typical rent in 80916?

A typical home in 80916 rents for about $1,526 a month, a gross rental yield of 5.3%.

What is the property tax rate in 80916?

The effective property tax rate in 80916 is 0.3% — roughly $1,171 a year on a typical home.

ZIP code 80916 has a population of 41,104 and a median household income of $67,127.

HousingHandbookReference data

…

U.S. ZIP Code · CO80916

El Paso County · Colorado Springs, CO

Typical home value

$343,187^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.7%
5-year / yr: +2.4%
10-year / yr: +7.2%

Relative price

vs U.S.: +20.8%
vs metro: -23.8%
vs state: -31.6%

Price history

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

The typical home in 80916 is worth $343,187 — 23.8% below the Colorado Springs, CO median. Over the past year, values have fallen 2.7%. Homes here rent for a typical $1,526 a month — a 5.3% 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: $1,526^[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: 0.3%^[3]
Typical annual tax: $1,171^[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: 41,104^[3]
Median household income: $67,127^[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: 14
Elementary: 8
Middle: 3
High: 3

Sierra High School
High · Grades 9–12 · Harrison School District No. 2 in the county of El Paso an
822 students
Soaring Eagles Community School
Elementary · Grades PK–7 · Harrison School District No. 2 in the county of El Paso an
718 students
Sand Creek International School
Elementary · Grades K–8 · Harrison School District No. 2 in the county of El Paso an
593 students
James Irwin Elementary School - Astrozon
Elementary · Grades K–5 · Harrison School District No. 2 in the county of El Paso an
539 students
Atlas Preparatory High School
High · Grades 9–12 · Harrison School District No. 2 in the county of El Paso an
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$18,309

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$1,735

Loan principal$274,550

Down payment$68,637

Total interest paid$350,173

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 ratio1.39

Monthly cost to own$2,119

Monthly rent$1,526

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: 25th percentile^[1]
Rental yield: 65th percentile^[2]
Property tax: 19th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80916?: The typical home in 80916 is worth $343,187, based on the Zillow Home Value Index.
Are home values rising in 80916?: Home values in 80916 are down 2.7% over the past year, and up 2.4% a year over five years.
What is the typical rent in 80916?: A typical home in 80916 rents for about $1,526 a month, a gross rental yield of 5.3%.
What is the property tax rate in 80916?: The effective property tax rate in 80916 is 0.3% — roughly $1,171 a year on a typical home.
Who lives in 80916?: ZIP code 80916 has a population of 41,104 and a median household income of $67,127.

#Comparable ZIPs

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

80813 vs 80916 →
Cripple Creek, CO
Typical home
$324,052
Gross yield
—
80910 vs 80916 →
Colorado Springs, CO
Typical home
$322,314
Gross yield
5.6%
80909
Colorado Springs, CO
Typical home
$368,708
Gross yield
4.0%
80911
Security-Widefield CDP, CO
Typical home
$371,891
Gross yield
7.0%
80905
Colorado Springs, CO
Typical home
$376,533
Gross yield
4.6%
80915
Cimarron Hills CDP, CO
Typical home
$380,937
Gross yield
5.3%

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

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Pit ZIP 80916 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CO80916

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