HousingHandbookReference data

U.S. ZIP Code · CO80921

El Paso County · Colorado Springs, CO

Typical home value

$722,181[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.9%
5-year / yr
+3.5%
10-year / yr
+5.5%

Relative price

vs U.S.
+154.2%
vs metro
+60.3%
vs state
+43.9%
ZIP 80921 location in CO
Location of ZIP 80921 in CO

Price history

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

The typical home in 80921 is worth $722,181 — 60.3% above the Colorado Springs, CO median. Over the past year, values have fallen 1.9%. Homes here rent for a typical $1,850 a month — a 3.1% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$1,850[2]
Gross yield
3.1%[2]
Cap rate
1.8%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$4,031[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
26,551[3]
Median household income
$141,659[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
4
Middle
2
High
3
  • The Classical Academy Charter

    Elementary · Grades K–6 · Academy School District No. 20 in the county of El Paso an

    1,871 students

  • Discovery Canyon Campus High School

    High · Grades 9–12 · Academy School District No. 20 in the county of El Paso an

    1,048 students

  • Discovery Canyon Campus Middle School

    Middle · Grades 6–8 · Academy School District No. 20 in the county of El Paso an

    849 students

  • The Classical Academy High School

    High · Grades 9–12 · Academy School District No. 20 in the county of El Paso an

    581 students

  • Discovery Canyon Campus Elementary School

    Elementary · Grades PK–5 · Academy School District No. 20 in the county of El Paso an

    546 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.

Gross yield3.1%
Net yield (after ~40% expenses)1.8%
Annual rent$22,199

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.

Monthly payment$3,652
Loan principal$577,745
Down payment$144,436
Total interest paid$736,882

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.

Own : rent ratio2.48
Monthly cost to own$4,591
Monthly rent$1,850

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
86th percentile[1]
Rental yield
4th percentile[2]
Property tax
94th percentile[3]

Frequently asked

How much is a home worth in ZIP code 80921?
The typical home in 80921 is worth $722,181, based on the Zillow Home Value Index.
Are home values rising in 80921?
Home values in 80921 are down 1.9% over the past year, and up 3.5% a year over five years.
What is the typical rent in 80921?
A typical home in 80921 rents for about $1,850 a month, a gross rental yield of 3.1%.
What is the property tax rate in 80921?
The effective property tax rate in 80921 is 0.6% — roughly $4,031 a year on a typical home.
Who lives in 80921?
ZIP code 80921 has a population of 26,551 and a median household income of $141,659.

#Comparable ZIPs

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

  • Monument, CO

    Typical home
    $758,298
    Gross yield
    3.4%
  • Black Forest CDP, CO

    Typical home
    $679,960
    Gross yield
    4.0%
  • Colorado Springs, CO

    Typical home
    $659,028
    Gross yield
    3.4%
  • Colorado Springs, CO

    Typical home
    $658,767
    Gross yield
  • Colorado Springs, CO

    Typical home
    $593,444
    Gross yield
    3.2%
  • Manitou Springs, CO

    Typical home
    $550,736
    Gross yield
    3.0%

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