ZIP Code · CO

ZIP 80132

Part of Monument, CO
Pop. 30,073·El Paso County·57th most expensive ZIP in Colorado
Median rent (all units)
$2,112/mo
Year-over-Year
+1.7%
Month-over-Month
-0.3%
vs US Median
+$180
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 80132 · $2,112
More expensive than 67% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,600
1 BR
$1,960
2 BR
$2,320
3 BR
$3,230
4 BR+
$3,670
Research median
$2,320/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 80132 usually run 2.1% below trend in January and 1.9% above it in June, about $84 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 80132 is 0.3% below its high of $2,118 in August 2026, at $2,112 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80132 changed +1.7% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($161,670) is $4,042 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,670).

Cheaper nearby

ZIP 80921, 7 miles away, rents for 12% less ($1,863/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80132. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,344/yr
At $2,112/mo median
Location
StateCO
CountyEl Paso County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.7% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 80132 (Monument, CO) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 58.9% of residents hold a bachelor's degree or higher.

Population
30,073
Median income
$161,670
Median age
43
Renters
12.4%
Age distribution
25.2%
15%
25.7%
17.7%
16.4%
Under 1825.2%
18–3415%
35–5425.7%
55–6417.7%
65+16.4%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
85.9%
White85.9%
Black0.6%
Hispanic7.6%
Asian2.2%
Other3.6%
Education (25+)
13.2%
25.7%
58.9%
No HS diploma2.3%
HS diploma13.2%
Some college25.7%
Bachelor's+58.9%
Housing tenure
87.6%
12.4%
Owner87.6%
Renter12.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 80132 in Monument, CO has changed in 5 years

Rent
$1,725 → $2,112
up 22.4%
Income
$133,914 → $161,670
up 20.7%
Population
28,325 → 30,073
up 6.2%
Renter share
13.4% → 12.4%
-1.0 pts
Bachelor's+
57.4% → 58.9%
+1.5 pts

Across the past five years, the going rent in ZIP 80132 in Monument, CO has shifted from $1,725 to $2,112, up 22.4% since 2021. Local incomes tracked alongside that move, going from a median of $133,914 in 2021 to $161,670 more recently. Census counts show ZIP 80132 in Monument, CO adding about 1,748 residents over the five-year window, up 6.2% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 80132 in Monument, CO market of 2021.

Community

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Local insights

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About renting in ZIP 80132

Last updated: October 17, 2026

ZIP code 80132 covers Monument, CO. The median rent here is $2,112/mo as of October 2026. A 1-bedroom rents for a median of $1,960/mo. A 2-bedroom rents for a median of $2,320/mo.

At 16% of local median household income ($161,670/yr), ZIP 80132 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80132?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,112/mo in ZIP 80132. The local median household income is $161,670/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80132?

Rent in ZIP 80132 has risen 1.7% over the past year as of September 2026. It sits 0.3% below its high of $2,118 in August 2026.

When is the cheapest time to rent in ZIP 80132?

Asking rents in ZIP 80132 are usually lowest in January, about 2.1% below their yearly trend, and highest in June, about 1.9% above it. At today's median that is a gap of roughly $84 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 80132 compare to other ZIPs in Colorado?

ZIP 80132 is in the middle among Colorado ZIP codes for rent, ranking #57 of 168 at $2,112/mo. Over the year to September 2026, rent in ZIP 80132 changed +1.7%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.

How does ZIP 80132 compare to the rest of Monument?

At $2,112/mo, ZIP 80132 is $139 above the Monument citywide median of $1,973/mo.
Income Affordability
16%
VERY AFFORDABLE

At $2,112/mo, rent takes ~16% of ZIP 80132's median household income ($161,670/yr). The standard benchmark is 30%.

ZIP 80132 16%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80132 (Monument, CO)

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