ZIP Code · CO

ZIP 80921

Pop. 26,551·El Paso County·103rd most expensive ZIP in Colorado
Median rent (all units)
$1,863/mo
Year-over-Year
+2.8%
Month-over-Month
+0.5%
vs US Median
-$69
Reported rents
Rising (Monthly)
Be the first to discuss 80921 rents ↓
Most AffordableMost Expensive
ZIP 80921 · $1,863
More expensive than 53% of US ZIP codes · National median $1,932/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,950
2 BR
$2,310
3 BR
$3,210
4 BR+
$3,650
Research median
$2,310/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 80921 usually run 1.7% below trend in December and 1.9% above it in August, about $67 a month apart at today's median. Based on 6 years of data.

Compared with the peak

Rent in ZIP 80921 is 0.5% below its high of $1,873 in November 2024, at $1,863 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80921 changed +2.8% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.

Since before the pandemic

Rent in ZIP 80921 is 27% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($141,659) is $3,541 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,210); a 4-bedroom is $3,650.

Rank in Colorado Springs

13th cheapest of 21 ZIP codes in Colorado Springs.

From Zillow's monthly rent index (ZORI) for ZIP 80921. 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
$22,356/yr
At $1,863/mo median
Location
StateCO
CountyEl Paso County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.8% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 80921 (Colorado Springs, CO) is majority owner-occupied, has a median income above the national average, 63% of residents hold a bachelor's degree or higher.

Population
26,551
Median income
$141,659
Median age
44.3
Renters
26.7%
Age distribution
23.6%
15.4%
27.2%
15.7%
18.2%
Under 1823.6%
18–3415.4%
35–5427.2%
55–6415.7%
65+18.2%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
79.6%
White79.6%
Black1.7%
Hispanic9.2%
Asian4.7%
Other4.9%
Education (25+)
24.3%
63%
No HS diploma2.5%
HS diploma10.3%
Some college24.3%
Bachelor's+63%
Housing tenure
73.3%
26.7%
Owner73.3%
Renter26.7%

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

2021 vs 2026

How ZIP 80921 in Colorado Springs, CO has changed in 5 years

Rent
$1,606 → $1,863
up 16.0%
Income
$131,696 → $141,659
up 7.6%
Population
22,725 → 26,551
up 16.8%
Renter share
21% → 26.7%
+5.7 pts
Bachelor's+
65.3% → 63%
-2.3 pts
Median age
44.8 → 44.3
-0.5 yrs

Rent in ZIP 80921 in Colorado Springs, CO has increased 16.0% since 2021, going from about $1,606 per month to roughly $1,863 today. Census figures show median household income at $141,659 today, compared with $131,696 five years earlier. Rent outpaced income growth by roughly 8.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 22,725 to 26,551 between 2021 and 2024, a 16.8% change. About 26.7% of households rent today, against 21% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 65.3% to 63%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about ZIP 80921

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 80921

About renting in ZIP 80921

Last updated: October 17, 2026

ZIP code 80921 covers Colorado Springs, CO. The median rent here is $1,863/mo as of October 2026. A 1-bedroom rents for a median of $1,950/mo. A 2-bedroom rents for a median of $2,310/mo.

At 16% of local median household income ($141,659/yr), ZIP 80921 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80921?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,863/mo in ZIP 80921. The local median household income is $141,659/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80921?

Rent in ZIP 80921 has risen 2.8% over the past year as of September 2026. It sits 0.5% below its high of $1,873 in November 2024.

When is the cheapest time to rent in ZIP 80921?

Asking rents in ZIP 80921 are usually lowest in December, about 1.7% below their yearly trend, and highest in August, about 1.9% above it. At today's median that is a gap of roughly $67 a month. This pattern comes from 6 years of Zillow rent data.

How does ZIP 80921 compare to other ZIPs in Colorado?

ZIP 80921 is in the middle among Colorado ZIP codes for rent, ranking #103 of 168 at $1,863/mo. Over the year to September 2026, rent in ZIP 80921 changed +2.8%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.

How does ZIP 80921 compare to the rest of Colorado Springs?

At $1,863/mo, ZIP 80921 is $146 above the Colorado Springs citywide median of $1,717/mo. It is the 13th cheapest of 21 ZIP codes in Colorado Springs.
Income Affordability
16%
VERY AFFORDABLE

At $1,863/mo, rent takes ~16% of ZIP 80921's median household income ($141,659/yr). The standard benchmark is 30%.

ZIP 80921 16%Benchmark 30%
State income tax4.4%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 80921 (Colorado Springs, CO)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.