How much do homeowners pay a month in Colorado Springs, CO?

Name: Homeowner costs in Colorado Springs, CO, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Colorado Springs, CO pay a median of $2,063 (±$25) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $607 (±$15).

70.4% of owned homes carry a mortgage.

In Colorado Springs, the median monthly cost with a mortgage went from $1,565 in 2015–2019 to $2,063 in 2020–2024 (+31.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

With a mortgage: $2,063 (±$25)
Without a mortgage: $607 (±$15)
Owned with a mortgage: 70.4%

Monthly owner costs in Colorado Springs

Median selected monthly owner costs, estimate (90% margin of error)
	Colorado Springs	El Paso County	Colorado	United States
With a mortgage	$2,063 (±$25)	$2,145 (±$19)	$2,326 (±$9)	$1,963
Without a mortgage	$607 (±$15)	$623 (±$12)	$663 (±$4)	$638
Owned homes with a mortgage	70.4% (±1.1 points)	71.6% (±0.9 points)	69.4% (±0.3 points)	60.6%
Median real estate taxes (a year)	$1,765 (±$25)	$1,874 (±$22)	$2,602 (±$10)	$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Colorado Springs, the median cost with a mortgage is lower than in El Paso County ($2,145).

It is also lower than in Colorado ($2,326).

It is higher than the national figure ($1,963).

In El Paso County, Colorado Springs ranks 10 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 144 of 316.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Colorado Springs have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$1,565 (±$18)	$2,063 (±$25)	+31.8%	Up after inflation
Median real estate taxes	$1,224 (±$14)	$1,765 (±$25)	+44.2%	Up after inflation
Median home value	$269,800 (±$2,316)	$452,600 (±$3,013)	+67.8%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Colorado Springs

Nearest places with a published estimate, compared with Colorado Springs
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Colorado Springs	—	$2,063 (±$25)	—
Cimarron Hills	3.3 mi	$1,957 (±$97)	Lower
Stratmoor	6.6 mi	$1,602 (±$240)	Lower
Manitou Springs	8.2 mi	$2,171 (±$217)	Not measurably different
Security-Widefield	8.4 mi	$1,934 (±$89)	Lower
Gleneagle	12 mi	$2,746 (±$145)	Higher
Fountain	13 mi	$2,005 (±$87)	Not measurably different
Cascade-Chipita Park	14 mi	$2,147 (±$542)	Not measurably different
Black Forest	14 mi	$2,885 (±$232)	Higher

Nearby places with a measurably lower figure: Cimarron Hills, CO ($1,957), Stratmoor, CO ($1,602), Security-Widefield, CO ($1,934).

Nearby places with a measurably higher figure: Gleneagle, CO ($2,746), Black Forest, CO ($2,885).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across El Paso County, place by place

Rank	Place	Median monthly cost with a mortgage
4	Monument	$2,683 (±$280)
5	Ellicott	$2,183 (±$365)
6	Manitou Springs	$2,171 (±$217)
7	Cascade-Chipita Park	$2,147 (±$542)
8	Palmer Lake	$2,098 (±$262)
9	Green Mountain Falls	$2,080 (±$700)
10	Colorado Springs	$2,063 (±$25)
11	Fountain	$2,005 (±$87)
12	Cimarron Hills	$1,957 (±$97)
13	Security-Widefield	$1,934 (±$89)
14	Calhan	$1,906 (±$554)
15	Ramah	$1,681 (±$191)
16	Stratmoor	$1,602 (±$240)

Showing 13 of 16 places in El Paso County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Colorado Springs

What is the average mortgage payment in Colorado Springs?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Colorado Springs, CO is $2,063 (±$25) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Colorado Springs?

Owners without a mortgage in Colorado Springs pay a median of $607 (±$15) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Colorado Springs gone up?

In Colorado Springs, the median monthly cost with a mortgage went from $1,565 in 2015–2019 to $2,063 in 2020–2024 (+31.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Colorado Springs city, Colorado (place:16000, in state:08).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.