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ZIP Code · CO

ZIP 80906

Pop. 37,502·El Paso County·134th most expensive ZIP in Colorado
Median rent (all units)
$1,675/mo
Year-over-Year
+6.3%
Month-over-Month
+1.6%
vs US Median
-$290
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 80906 · $1,675
More affordable than 61% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,300
1 BR
$1,590
2 BR
$1,880
3 BR
$2,610
4 BR+
$2,970
Research median
$1,880/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
$20,100/yr
At $1,675/mo median
Location
StateCO
CountyEl Paso County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.3% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 80906 (Colorado Springs, CO) is majority owner-occupied, has a large retiree population, has a median income above the national average, 52.9% of residents hold a bachelor's degree or higher.

Population
37,502
Median income
$89,984
Median age
39.7
Renters
34.7%
Age distribution
21.2%
21.5%
25.2%
12.1%
20.1%
Under 1821.2%
18–3421.5%
35–5425.2%
55–6412.1%
65+20.1%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
73.9%
17%
White73.9%
Black4.4%
Hispanic17%
Asian3.2%
Other1.4%
Education (25+)
17.9%
25.4%
52.9%
No HS diploma3.8%
HS diploma17.9%
Some college25.4%
Bachelor's+52.9%
Housing tenure
65.3%
34.7%
Owner65.3%
Renter34.7%

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

2021 vs 2026

How ZIP 80906 in Colorado Springs, CO has changed in 5 years

Rent
$1,309 → $1,675
up 28.0%
Income
$76,965 → $89,984
up 16.9%
Population
38,046 → 37,502
down 1.4%
Renter share
37.6% → 34.7%
-2.9 pts
Bachelor's+
47.3% → 52.9%
+5.6 pts
Median age
38.6 → 39.7
+1.1 yrs

Five years ago, renters in ZIP 80906 in Colorado Springs, CO paid around $1,309 a month. That figure now sits near $1,675, up 28.0% from the 2021 baseline. Household income in the area moved from $76,965 to $89,984 across the same window, up 16.9% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 80906 in Colorado Springs, CO losing about 544 residents over the five-year window, down 1.4% on net. The renter share has eased from 37.6% to 34.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 47.3% to 52.9% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 80906 in Colorado Springs, CO look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 80906

About renting in ZIP 80906

Last updated: July 20, 2026

ZIP code 80906 covers Colorado Springs, CO. The median rent here is $1,675/mo as of July 2026. A 1-bedroom rents for a median of $1,590/mo. A 2-bedroom rents for a median of $1,880/mo.

At 22% of local median household income ($89,984/yr), ZIP 80906 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 80906?

As of July 20, 2026, the median monthly rent in ZIP 80906 (Colorado Springs, CO) is $1,675. This is based on aggregated data from public sources and community submissions.

How does ZIP 80906 rent compare to the US average?

ZIP 80906's median rent of $1,675/mo is $290 (15%) below the US national median of $1,965/mo.

How does ZIP 80906 compare to other ZIPs in Colorado?

ZIP 80906 is among the more affordable ZIP codes in Colorado, ranking #134 out of 166 ZIPs at $1,675/mo.

How much income do you need to rent in ZIP 80906?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,675/mo in ZIP 80906. The local median household income is $89,984/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 80906?

Rent in ZIP 80906 has increased 6.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 80906 an affordable place to rent?

ZIP 80906 is considered very affordable for renters. At $1,675/mo, rent takes approximately 22% of the local median household income ($89,984/yr). The standard benchmark is 30%. ZIP 80906 falls comfortably within that range.

What percentage of ZIP 80906 residents rent vs. own?

According to Census data, approximately 34.7% of ZIP 80906 households are renters, while 65.3% are owner-occupied. ZIP 80906 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 80906 compare to the rest of Colorado Springs?

ZIP 80906 is more affordable than Colorado Springs overall. At $1,675/mo, it's $64 below the Colorado Springs citywide median of $1,739/mo.

When was rent data for ZIP 80906 last updated?

Rent data for ZIP 80906 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,675/mo, rent takes ~22% of ZIP 80906's median household income ($89,984/yr). The standard benchmark is 30%.

ZIP 80906 22%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80906 (Colorado Springs, CO)

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