Home prices
The median home in Colorado Springs costs $269,800. This is roughly $16,280 (6%) higher compared to its surrounding areas.In comparison to the entire country it is roughly $52,300 (24%) higher, and compared to the city of Denver is roughly $120,800 (30%) lower.
Rents
In Colorado Springs the median rent is $1,131 a month. This is roughly $65 (6%) higher compared to its nearby areas.It is approximately $69 (6%) higher compared to the entire nation, and compared to the city of Denver it is approximately $180 (13%) lower.
Nearby places
Cimarron Hills
Cimarron Hills is Colorado Springs's neighbor to the east. Its housing prices are substantially less expensive. The median home in Cimarron Hills costs $197,500, which comes out to $72,300 (36%) lower than Colorado Springs. Rents there are a bit less expensive. The median monthly rent in Cimarron Hills is $1,071, which comes out to $60 (5%) lower than Colorado Springs.
Stratmoor
Stratmoor is Colorado Springs's neighbor to the south. Housing prices there are significantly less expensive. The median home in Stratmoor is valued at $175,600, which works out to $94,200 (53%) lower than Colorado Springs. Its rents are a little less expensive. Stratmoor's median rent is $948 per month, which comes out to $183 (19%) lower than Colorado Springs.
Manitou Springs
Manitou Springs is Colorado Springs's neighbor to the west. Its housing prices are somewhat more expensive. The cost of the median home in Manitou Springs is $365,300, which is $95,500 (26%) higher than Colorado Springs. The rent there is a little less expensive. Manitou Springs's median monthly rent is $943, which is $188 (19%) lower than Colorado Springs.
Security-Widefield
Security-Widefield is Colorado Springs's neighbor to the south. The real estate prices there are a little less expensive. Security-Widefield's median home value is $211,300, which works out to $58,500 (27%) lower than Colorado Springs. Rents there are a bit more expensive. The median rent in Security-Widefield is $1,313 per month, which comes out to $182 (13%) higher than Colorado Springs.
Cascade-Chipita Park
Cascade-Chipita Park is approximately 12 miles northwest from Colorado Springs. Housing prices there are somewhat more expensive. The value of the median home in Cascade-Chipita Park is $317,900, which works out to $48,100 (15%) higher than Colorado Springs. Rent there is somewhat less expensive. Cascade-Chipita Park's median monthly rent is $1,055, which comes out to $76 (7%) lower than Colorado Springs.