Security-Widefield
Affordable, steady military tenant demand.
Colorado Springs, CO
Is Colorado Springs a good place to buy rental property in 2026?
Short answer: yes — for balanced buy-and-hold. Colorado Springs's median cap rate of about 5.8% (Colorado Springs metro median) sits near the ~6.5% national median, with typical rent at $1,735–$2,413/mo and Colorado property tax near 0.55%.
Colorado Springs pairs strong growth with a large military presence (Fort Carson, the Air Force Academy) — more attainable than Denver with stable demand.
Colorado Springs market snapshot
Balanced marketMid-range cap rates — cash flow and appreciation are both realistically on the table.
Typical cap rate
5.8%
Colorado Springs metro median
Typical rent
$1,735–$2,413/mo
HUD FMR · 2–3BR · 2026
Typical price
$360,000–$470,000
est., all-in
Property tax
0.55%
Colorado effective
Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.
Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.
Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated July 2026
Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.
What rents actually look like in Colorado Springs
One number never tells the story — HUD publishes ZIP-level Small Area Fair Market Rents for the Colorado Springs, CO metro area, the metro-wide FMR region that includes Colorado Springs, and the spread across its ZIP codes is where deals are won or lost. Same purchase price, different ZIP, very different rent.
| ZIP code | 2BR rent | 3BR rent |
|---|---|---|
| 80927 | $2,600/mo | $3,620/mo |
| 80132 | $2,320/mo | $3,230/mo |
| 80902 | $2,200/mo | $3,060/mo |
| 80913 | $2,080/mo | $2,890/mo |
| 80906 | $1,880/mo | $2,610/mo |
| 80901 | $1,740/mo | $2,420/mo |
| 80934 | $1,740/mo | $2,420/mo |
| 80960 | $1,740/mo | $2,420/mo |
| 81008 | $1,650/mo | $2,100/mo |
| 80917 | $1,550/mo | $2,160/mo |
| 80835 | $1,440/mo | $1,890/mo |
| 80833 | $1,120/mo | $1,460/mo |
Showing 12 of 62 ZIP codes in the Colorado Springs, CO metro area — the HUD FMR region that includes Colorado Springs — sampled highest to lowest across the rent range. Source: HUD FY2026 Small Area Fair Market Rents. TrueCap auto-fills the exact ZIP-level figure when you enter a Colorado Springs address.
Why Colorado Springs works for rental investors
Military relocations keep occupancy high, and entry is friendlier than Denver. A balanced growth-plus-stability market for buy-and-hold.
See the full Colorado investing guide — taxes, landlord law & top metros →
Neighborhoods to look at in Colorado Springs
Northeast Springs
Newer SFRs, family renters, low vacancy.
Fountain
Near Fort Carson, attainable, reliable demand.
Neighborhood notes are starting points, not recommendations — always underwrite the specific property.
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Paste a Colorado Springs address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Colorado tax and HUD rent so you start from the right assumptions.
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