ZIP 80905
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 80905 usually run 0.6% below trend in January and 0.6% above it in August, about $18 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 80905 is 1.8% below its high of $1,504 in May 2026, at $1,477 as of September 2026.
Rent in ZIP 80905 changed -0.1% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.
Rent in ZIP 80905 is 32.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($63,281) is $1,582 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,540); a 3-bedroom is $2,140.
3rd cheapest of 21 ZIP codes in Colorado Springs.
ZIP 80909, 4 miles away, rents for 14% less ($1,276/mo), about $2,400 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 80905. 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 80905 (Colorado Springs, CO) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 37.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 80905 in Colorado Springs, CO has changed in 5 years
Rent in ZIP 80905 in Colorado Springs, CO has climbed 16.6% since 2021, going from about $1,267 per month to roughly $1,477 today. Household income in the area moved from $55,035 to $63,281 across the same window, up 15.0% versus 2021. About 51.8% of households rent today, against 50.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 39.8% to 37.7%. Reading these numbers side by side helps frame whether current listings in ZIP 80905 in Colorado Springs, CO look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 80905
Last updated: October 17, 2026
ZIP code 80905 covers Colorado Springs, CO. The median rent here is $1,477/mo as of October 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,540/mo.
At 28% of local median household income ($63,281/yr), ZIP 80905 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.
Frequently asked questions
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How does ZIP 80905 compare to other ZIPs in Colorado?
How does ZIP 80905 compare to the rest of Colorado Springs?
At $1,477/mo, rent takes ~28% of ZIP 80905's median household income ($63,281/yr). The standard benchmark is 30%.
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