ZIP 80903
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 80903 usually run 1.1% below trend in January and 1.2% above it in April, about $39 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 80903 is 1% below its high of $1,725 in February 2025, at $1,708 as of September 2026.
Rent in ZIP 80903 changed +0.6% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.
From 2019 to 2024, rent in ZIP 80903 rose 31.2% while median household income rose 38.2% ($44,689 to $61,768). Income kept ahead of rent.
Rent in ZIP 80903 is 24.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 6 of the last 12 months.
30% of the median household income ($61,768) is $1,544 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,370); a 2-bedroom is $1,620.
11th cheapest of 21 ZIP codes in Colorado Springs.
ZIP 80905, 2 miles away, rents for 14% less ($1,477/mo), about $2,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 80903. 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.
Who lives here
ZIP 80903 (Colorado Springs, CO) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 42.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 80903 in Colorado Springs, CO has changed in 5 years
The median rent in ZIP 80903 in Colorado Springs, CO stood at $1,469 in 2021 and currently runs about $1,708, reflecting a 16.3% increase over the period. Household income in the area moved from $52,963 to $61,768 across the same window, up 16.6% versus 2021. The population has contracted by 2.1% since 2021, moving from about 16,844 residents to roughly 16,491. Renters now make up 60.7% of households, compared with 56.8% five years ago. Reading these numbers side by side helps frame whether current listings in ZIP 80903 in Colorado Springs, CO look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 80903
Last updated: October 17, 2026
ZIP code 80903 covers Colorado Springs, CO. The median rent here is $1,708/mo as of October 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,620/mo.
At 33% of local median household income ($61,768/yr), ZIP 80903 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.
Frequently asked questions
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How does ZIP 80903 compare to the rest of Colorado Springs?
At $1,708/mo, rent takes ~33% of ZIP 80903's median household income ($61,768/yr). The standard benchmark is 30%.
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