ZIP Code · CO

ZIP 80915

Pop. 23,884·El Paso County·120th most expensive ZIP in Colorado
Median rent (all units)
$1,747/mo
Year-over-Year
+1.9%
Month-over-Month
+0.3%
vs US Median
-$185
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 80915 · $1,747
More affordable than 55% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,080
1 BR
$1,330
2 BR
$1,570
3 BR
$2,180
4 BR+
$2,480
Research median
$1,570/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

March. Asking rents in ZIP 80915 usually run 0.8% below trend in March and 0.6% above it in August, about $24 a month apart at today's median. Based on 6 years of data.

Compared with the peak

Rent in ZIP 80915 is at its highest level since Zillow's records here began in September 2020.

Past year vs. the rest of Colorado

Rent in ZIP 80915 changed +1.9% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($72,352) is $1,809 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,570); a 3-bedroom is $2,180.

Rank in Colorado Springs

12th cheapest of 21 ZIP codes in Colorado Springs.

Cheaper nearby

ZIP 80917, 3 miles away, rents for 13% less ($1,517/mo), about $2,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80915. 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.

Annual cost
$20,964/yr
At $1,747/mo median
Location
StateCO
CountyEl Paso County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.9% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 80915 (Colorado Springs, CO) is majority owner-occupied, skews toward younger working-age adults, 27.3% of residents hold a bachelor's degree or higher.

Population
23,884
Median income
$72,352
Median age
32.2
Renters
29.2%
Age distribution
23.9%
30.6%
25.1%
Under 1823.9%
18–3430.6%
35–5425.1%
55–649.7%
65+10.7%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
64.5%
24.9%
White64.5%
Black3.8%
Hispanic24.9%
Asian4.3%
Other2.5%
Education (25+)
27.5%
38%
27.3%
No HS diploma7.2%
HS diploma27.5%
Some college38%
Bachelor's+27.3%
Housing tenure
70.8%
29.2%
Owner70.8%
Renter29.2%

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

2021 vs 2026

How ZIP 80915 in Colorado Springs, CO has changed in 5 years

Rent
$1,409 → $1,747
up 24.0%
Income
$63,647 → $72,352
up 13.7%
Population
22,382 → 23,884
up 6.7%
Renter share
27.7% → 29.2%
+1.5 pts
Bachelor's+
26.9% → 27.3%
+0.4 pts
Median age
33.5 → 32.2
-1.3 yrs

Five years ago, renters in ZIP 80915 in Colorado Springs, CO paid around $1,409 a month. That figure now sits near $1,747, up 24.0% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $63,647 in 2021 to $72,352 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 80915 in Colorado Springs, CO adding about 1,502 residents over the five-year window, up 6.7% on net. The renter share has risen from 27.7% to 29.2%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 80915 in Colorado Springs, CO market of 2021.

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About renting in ZIP 80915

Last updated: October 17, 2026

ZIP code 80915 covers Colorado Springs, CO. The median rent here is $1,747/mo as of October 2026. A 1-bedroom rents for a median of $1,330/mo. A 2-bedroom rents for a median of $1,570/mo.

At 29% of local median household income ($72,352/yr), ZIP 80915 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80915?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (about $34/hour full-time) to afford the median rent of $1,747/mo in ZIP 80915. The local median household income is $72,352/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80915?

Rent in ZIP 80915 has risen 1.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in September 2020.

When is the cheapest time to rent in ZIP 80915?

Asking rents in ZIP 80915 are usually lowest in March, about 0.8% below their yearly trend, and highest in August, about 0.6% above it. At today's median that is a gap of roughly $24 a month. This pattern comes from 6 years of Zillow rent data.

How does ZIP 80915 compare to other ZIPs in Colorado?

ZIP 80915 is one of the more affordable among Colorado ZIP codes for rent, ranking #120 of 168 at $1,747/mo. Over the year to September 2026, rent in ZIP 80915 changed +1.9%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.

How does ZIP 80915 compare to the rest of Colorado Springs?

At $1,747/mo, ZIP 80915 is $30 above the Colorado Springs citywide median of $1,717/mo. It is the 12th cheapest of 21 ZIP codes in Colorado Springs.
Income Affordability
29%
AFFORDABLE

At $1,747/mo, rent takes ~29% of ZIP 80915's median household income ($72,352/yr). The standard benchmark is 30%.

ZIP 80915 29%Benchmark 30%
State income tax4.4%
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