1031 Exchange Colorado Springs, Colorado

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Colorado Springs due to their correlations with market demand, and conversely, vacancy rate.

Surrounding metropolitan Area

Colorado Springs, Colorado is a part of the Colorado Springs, CO metropolitan area, and contains 52 zip codes, including: 80995, 80937, 80941, 80977, 80905, and 80913.

Colorado Springs Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Colorado Springs, CO metropolitan area was $1,020, which is 38.02% higher than 2014 average rent. This represents a compounded annual growth rate of 6.66%. 2019 vacancy in Colorado Springs, CO was 4.70%.

The total population of the city of Colorado Springs, CO has grown 13.51% since 2010. As of 2018, the population was 472,688. The median household income of the Colorado Springs was $61,324, which is 1.71% higher than the national average.

  • metropolitan area Colorado Springs, CO
  • avg rent $1,020
  • rent growth 38.02%
  • vacancy 4.70%
  • median income $61,324
  • population (2018) 472,688
  • population growth 13.51%
  • vs. nat'l avg 1.71%
  • zip codes 80901 80902 80903 80904 80905 80906 80907 80908 80909 80910 80911 80912 80913 80914 80915 80916 80917 80918 80919 80920 80921 80922 80923 80924 80925 80926 80927 80928 80929 80930 80931 80932 80933 80934 80935 80936 80937 80938 80939 80941 80942 80946 80947 80949 80950 80951 80960 80962 80970 80977 80995 80997

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand

Side by Side Comparison of Investment Opportunities