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ZIP Code · CO

ZIP 80831

Part of Peyton, CO
Pop. 33,912·El Paso County·23rd most expensive ZIP in Colorado
Median rent (all units)
$2,615/mo
Year-over-Year
+3.4%
Month-over-Month
+2.5%
vs US Median
+$650
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 80831 · $2,615
More expensive than 82% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,750
1 BR
$2,140
2 BR
$2,530
3 BR
$3,520
4 BR+
$4,000
Research median
$2,530/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: July 20, 2026

Annual cost
$31,380/yr
At $2,615/mo median
Location
CityPeyton
StateCO
CountyEl Paso County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.4% YoY, +2.5% MoM), not inventory.
Demographics

Who lives here

ZIP 80831 (Peyton, CO) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 38.3% of residents hold a bachelor's degree or higher.

Population
33,912
Median income
$132,467
Median age
38.3
Renters
7.8%
Age distribution
27.6%
16.7%
30.3%
13%
12.3%
Under 1827.6%
18–3416.7%
35–5430.3%
55–6413%
65+12.3%
Gender
52.1%
47.9%
Male52.1%
Female47.9%
Race & ethnicity
75.9%
White75.9%
Black5.3%
Hispanic11.2%
Asian1.5%
Other6.1%
Education (25+)
18%
41.5%
38.3%
No HS diploma2.3%
HS diploma18%
Some college41.5%
Bachelor's+38.3%
Housing tenure
92.2%
Owner92.2%
Renter7.8%

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

2021 vs 2026

How ZIP 80831 in Peyton, CO has changed in 5 years

Income
$111,856 → $132,467
up 18.4%
Population
30,879 → 33,912
up 9.8%
Renter share
7% → 7.8%
+0.8 pts
Bachelor's+
43% → 38.3%
-4.7 pts

Household income in the area moved from $111,856 to $132,467 across the same window, up 18.4% versus 2021. Census counts show ZIP 80831 in Peyton, CO adding about 3,033 residents over the five-year window, up 9.8% on net. Bachelor's-degree-or-higher attainment moved from 43% to 38.3% across the same window.

Community

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Local insights

Tips for renters in ZIP 80831

About renting in ZIP 80831

Last updated: July 20, 2026

ZIP code 80831 covers Peyton, CO. The median rent here is $2,615/mo as of July 2026. A 1-bedroom rents for a median of $2,140/mo. A 2-bedroom rents for a median of $2,530/mo.

At 24% of local median household income ($132,467/yr), ZIP 80831 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 80831?

As of July 20, 2026, the median monthly rent in ZIP 80831 (Peyton, CO) is $2,615. This is based on aggregated data from public sources and community submissions.

How does ZIP 80831 rent compare to the US average?

ZIP 80831's median rent of $2,615/mo is $650 (33%) above the US national median of $1,965/mo.

How does ZIP 80831 compare to other ZIPs in Colorado?

ZIP 80831 is one of the pricier ZIP codes in Colorado, ranking #23 out of 166 ZIPs tracked at $2,615/mo.

How much income do you need to rent in ZIP 80831?

To keep rent at or below 30% of gross income, you would need to earn at least $105,000/year (~$50/hour full-time) to afford the median rent of $2,615/mo in ZIP 80831. The local median household income is $132,467/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 80831?

Rent in ZIP 80831 has increased 3.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 80831 an affordable place to rent?

ZIP 80831 is considered very affordable for renters. At $2,615/mo, rent takes approximately 24% of the local median household income ($132,467/yr). The standard benchmark is 30%. ZIP 80831 falls comfortably within that range.

What percentage of ZIP 80831 residents rent vs. own?

According to Census data, approximately 7.8% of ZIP 80831 households are renters, while 92.2% are owner-occupied. ZIP 80831 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 80831 compare to the rest of Peyton?

ZIP 80831 sits right at the Peyton citywide median of $2,615/mo.

When was rent data for ZIP 80831 last updated?

Rent data for ZIP 80831 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,615/mo, rent takes ~24% of ZIP 80831's median household income ($132,467/yr). The standard benchmark is 30%.

ZIP 80831 24%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80831 (Peyton, CO)

Recent submissions

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