ZIP 80906
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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
December. Asking rents in ZIP 80906 usually run 0.9% below trend in December and 0.8% above it in July, about $27 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 80906 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 80906 changed +5.3% 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 80906 rose 36.4% while median household income rose 31% ($68,701 to $89,984). Rent outpaced income.
Rent in ZIP 80906 is 33.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 10 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($89,984) is $2,250 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,880); a 3-bedroom is $2,610.
8th cheapest of 21 ZIP codes in Colorado Springs.
ZIP 80829, 6 miles away, rents for 13% less ($1,390/mo), about $2,500 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 80906. 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 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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 80906 in Colorado Springs, CO has changed in 5 years
Five years ago, renters in ZIP 80906 in Colorado Springs, CO paid around $1,291 a month. That figure now sits near $1,600, up 23.9% 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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Tips for renters in ZIP 80906
Last updated: October 17, 2026
ZIP code 80906 covers Colorado Springs, CO. The median rent here is $1,600/mo as of October 2026. A 1-bedroom rents for a median of $1,590/mo. A 2-bedroom rents for a median of $1,880/mo.
At 21% of local median household income ($89,984/yr), ZIP 80906 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.
Frequently asked questions
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How does ZIP 80906 compare to other ZIPs in Colorado?
How does ZIP 80906 compare to the rest of Colorado Springs?
At $1,600/mo, rent takes ~21% of ZIP 80906's median household income ($89,984/yr). The standard benchmark is 30%.
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