ZIP Code · CO

ZIP 80920

Pop. 36,923·El Paso County·94th most expensive ZIP in Colorado
Median rent (all units)
$1,957/mo
Year-over-Year
+4.4%
Month-over-Month
-2.6%
vs US Median
-$8
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 80920 · $1,957
More expensive than 58% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,480
1 BR
$1,810
2 BR
$2,150
3 BR
$2,990
4 BR+
$3,400
Research median
$2,150/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
$23,484/yr
At $1,957/mo median
Location
StateCO
CountyEl Paso County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+4.4% YoY, -2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 80920 (Colorado Springs, CO) is majority owner-occupied, has a median income above the national average, 52.5% of residents hold a bachelor's degree or higher.

Population
36,923
Median income
$113,036
Median age
37.2
Renters
34.6%
Age distribution
22.8%
23.6%
26.3%
15.3%
Under 1822.8%
18–3423.6%
35–5426.3%
55–6412%
65+15.3%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
77%
13.2%
White77%
Black2.9%
Hispanic13.2%
Asian4.7%
Other2.2%
Education (25+)
13.7%
30.8%
52.5%
No HS diploma3%
HS diploma13.7%
Some college30.8%
Bachelor's+52.5%
Housing tenure
65.4%
34.6%
Owner65.4%
Renter34.6%

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

2021 vs 2026

How ZIP 80920 in Colorado Springs, CO has changed in 5 years

Rent
$1,678 → $1,957
up 16.6%
Income
$102,356 → $113,036
up 10.4%
Population
38,988 → 36,923
down 5.3%
Renter share
29.6% → 34.6%
+5.0 pts
Bachelor's+
53.1% → 52.5%
-0.6 pts
Median age
36.3 → 37.2
+0.9 yrs

Since 2021, the typical rent in ZIP 80920 in Colorado Springs, CO has increased from $1,678 to $1,957, a 16.6% change over five years. On the earnings side, the typical household in ZIP 80920 in Colorado Springs, CO now reports about $113,036, up from $102,356 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 5.3% since 2021, moving from about 38,988 residents to roughly 36,923. Renters now make up 34.6% of households, compared with 29.6% five years ago. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 80920 in Colorado Springs, CO reflects that arc in its own way.

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Local insights

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About renting in ZIP 80920

Last updated: July 20, 2026

ZIP code 80920 covers Colorado Springs, CO. The median rent here is $1,957/mo as of July 2026. A 1-bedroom rents for a median of $1,810/mo. A 2-bedroom rents for a median of $2,150/mo.

At 21% of local median household income ($113,036/yr), ZIP 80920 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 80920?

As of July 20, 2026, the median monthly rent in ZIP 80920 (Colorado Springs, CO) is $1,957. This is based on aggregated data from public sources and community submissions.

How does ZIP 80920 rent compare to the US average?

ZIP 80920's median rent of $1,957/mo is $8 (0%) below the US national median of $1,965/mo.

How does ZIP 80920 compare to other ZIPs in Colorado?

ZIP 80920 falls in the middle range for Colorado, ranking #94 out of 166 ZIPs at $1,957/mo.

How much income do you need to rent in ZIP 80920?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,957/mo in ZIP 80920. The local median household income is $113,036/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 80920?

Rent in ZIP 80920 has increased 4.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 80920 an affordable place to rent?

ZIP 80920 is considered very affordable for renters. At $1,957/mo, rent takes approximately 21% of the local median household income ($113,036/yr). The standard benchmark is 30%. ZIP 80920 falls comfortably within that range.

What percentage of ZIP 80920 residents rent vs. own?

According to Census data, approximately 34.6% of ZIP 80920 households are renters, while 65.4% are owner-occupied. ZIP 80920 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 80920 compare to the rest of Colorado Springs?

ZIP 80920 is pricier than Colorado Springs as a whole. At $1,957/mo, it's $218 above the Colorado Springs citywide median of $1,739/mo.

When was rent data for ZIP 80920 last updated?

Rent data for ZIP 80920 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,957/mo, rent takes ~21% of ZIP 80920's median household income ($113,036/yr). The standard benchmark is 30%.

ZIP 80920 21%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80920 (Colorado Springs, CO)

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