How much is a home worth in ZIP code 80918?

The typical home in 80918 is worth $439,327, based on the Zillow Home Value Index.

Are home values rising in 80918?

Home values in 80918 are down 2.6% over the past year, and up 2.4% a year over five years.

What is the typical rent in 80918?

A typical home in 80918 rents for about $1,548 a month, a gross rental yield of 4.2%.

What is the property tax rate in 80918?

The effective property tax rate in 80918 is 0.4% — roughly $1,818 a year on a typical home.

ZIP code 80918 has a population of 50,005 and a median household income of $87,685.

HousingHandbookReference data

…

U.S. ZIP Code · CO80918

El Paso County · Colorado Springs, CO

Typical home value

$439,327^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.6%
5-year / yr: +2.4%
10-year / yr: +6.0%

Relative price

vs U.S.: +54.7%
vs metro: -2.5%
vs state: -12.5%

Price history

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

The typical home in 80918 is worth $439,327 — 2.5% below the Colorado Springs, CO median. Over the past year, values have fallen 2.6%. Homes here rent for a typical $1,548 a month — a 4.2% 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: $1,548^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $1,818^[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: 50,005^[3]
Median household income: $87,685^[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: 9
Elementary: 7
Middle: 1
High: 1

Russell Middle School
Middle · Grades 6–8 · Colorado Springs School District No. 11 in the county of E
532 students
Martinez Elementary School
Elementary · Grades PK–5 · Colorado Springs School District No. 11 in the county of E
442 students
Fremont Elementary School
Elementary · Grades PK–5 · Colorado Springs School District No. 11 in the county of E
392 students
Keller Elementary School
Elementary · Grades PK–5 · Colorado Springs School District No. 11 in the county of E
371 students
Pioneer Elementary School
Elementary · Grades K–5 · Academy School District No. 20 in the county of El Paso an
342 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 yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$18,576

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$2,221

Loan principal$351,462

Down payment$87,865

Total interest paid$448,270

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 ratio1.77

Monthly cost to own$2,738

Monthly rent$1,548

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: 22nd percentile^[1]
Rental yield: 38th percentile^[2]
Property tax: 39th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80918?: The typical home in 80918 is worth $439,327, based on the Zillow Home Value Index.
Are home values rising in 80918?: Home values in 80918 are down 2.6% over the past year, and up 2.4% a year over five years.
What is the typical rent in 80918?: A typical home in 80918 rents for about $1,548 a month, a gross rental yield of 4.2%.
What is the property tax rate in 80918?: The effective property tax rate in 80918 is 0.4% — roughly $1,818 a year on a typical home.
Who lives in 80918?: ZIP code 80918 has a population of 50,005 and a median household income of $87,685.

#Comparable ZIPs

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

80904 vs 80918 →
Colorado Springs, CO
Typical home
$444,747
Gross yield
4.0%
80951 vs 80918 →
Colorado Springs, CO
Typical home
$430,919
Gross yield
6.7%
80925
Colorado Springs, CO
Typical home
$448,944
Gross yield
6.5%
80922
Colorado Springs, CO
Typical home
$450,563
Gross yield
5.5%
80816
Florissant CDP, CO
Typical home
$454,334
Gross yield
—
80923
Colorado Springs, CO
Typical home
$469,260
Gross yield
5.1%

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Pit ZIP 80918 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CO80918

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