Colorado Springs
Colorado · Ranked #68 of 102 metros
38Crisis
Median Home Price
🏠$440K
Need $126K income
Median Rent
🔑$2K
Need $62K income
Housing Shortage
📉18,000
units needed
Building Permits
🔨8,500
annual
Median Income
💰$70K
Pop: 755,105
Rent Burden
⚠️32.0%
of renters paying >30%
Price Change (YoY)
📈+2.5%
Homeownership
🏡63.5%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Colorado Springs | National |
|---|---|---|
| Price-to-Income Ratio | 6.3x | 6.1x |
| Rent Burden | 32.0% | 31.5% |
| Homeownership Rate | 63.5% | 65.5% |
| YoY Price Change | +2.5% | +3.5% |
| YoY Rent Change | +1.5% | +2.8% |
| Mortgage Denial Rate | 12.0% | 13.5% |
| Eviction Rate | 4.5% | 3.6% |