Colorado Springs, CO variant. This is a Colorado Springs, CO-specific version of the Rental Yield Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Rental Yield Calculator.
Colorado Springs's gross rental yield - annual rent ÷ property price - is about 4.6%, based on $1,750/month rent on a $460,000 median home.
Rental yield in Colorado Springs
Gross yield = ($1,750 × 12) ÷ $460,000 = 4.6%. Net yield subtracts property tax (0.42%), insurance, vacancy, and maintenance.
High-price metros tend to show lower yields (price outruns rent); affordable metros often yield more. Colorado Springs's sub-5% gross yield signals an appreciation-driven market.
About Colorado Springs, CO
Colorado Springs applies Colorado state and local sales taxes, with a flat state income tax.
Colorado Springs home prices have climbed above the national average in recent years.
Colorado Springs has a strong military and defense presence, with a cost of living somewhat above the national average.
Worked example: Colorado Springs yield
Annual rent $21,000 ÷ price $460,000 = 4.6% gross. After 0.42% property tax and ~1% maintenance, net yield is meaningfully lower.
Quick reference
- Median home value: $460,000
- Median rent: $1,750/mo
- Median household income: $80,958
- Local sales tax: 8.2%
- Effective property tax rate: 0.42%
- Cost of living index: 105 (US avg = 100)
Frequently Asked Questions
What is a good rental yield?
Many investors target 6-8% gross; Colorado Springs runs about 4.6%.
How is rental yield calculated?
Gross yield = annual rent ÷ purchase price. Net yield also subtracts taxes, insurance, vacancy, and upkeep.