At $2,686/mo, rent takes about 45% of the US median household income, well above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,686 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Peyton changed +3.7% over the year to September 2026. Across the 60 Colorado cities Zillow tracks, the typical change was +1.4%.
Rent has risen 3 months in a row, and rose in 9 of the last 12 months.
Colorado Springs, 17 miles away, rents for 36% less ($1,717/mo), about $11,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Peyton.
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Who lives here
Peyton, CO is majority renter-occupied, skews toward younger working-age adults, 100% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Peyton, CO has changed in 5 years
The population has grown by 717.6% since 2019, moving from about 17 residents to roughly 139. Renters now make up 100% of households, compared with 0% five years ago.
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Can you afford rent in Peyton on your salary?
At $2,686/mo, how Peyton rent compares to typical pay (30% rule).
Peyton rent by bedroom count
Median rent for each apartment size in Peyton. Click any size for full breakdown.
Tips for renters in Peyton
Last updated: October 17, 2026
The median rent in Peyton is $2,686/mo as of October 2026. A studio apartment averages $1,760/mo while a 2-bedroom runs $2,570/mo. One-bedroom apartments average $2,130/mo and 3-bedroom units go for $3,600/mo.
At 45% of estimated US median household income ($72,000/yr), Peyton ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.
Frequently asked questions
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Is rent going up or down in Peyton?
How does Peyton rent compare to other cities in Colorado?
Which nearby cities are cheaper to rent in than Peyton?
At $2,686/mo, rent takes ~45% of US median household income ($72,000/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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