Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Colorado Springs, CO

Housing in Colorado Springs, CO: Rent, Home Prices & Property Tax

$1,298/mo (1 bd) in Colorado Springs. Median home $431,600. Property tax 0.44%.

Compare vs Chicago Rank metros from Colorado SpringsHow we figure this

Rent (1 bd): $1,298; /mo
Buy: $2,736; Mortgage, tax, insurance
Buying costs more: $1,438; /mo

State tax and rent

To buy

20% down payment$86,320
Mortgage at 6.5%$2,182
Property tax (0.44% of value)$158/mo · $1,899/yr
Insurance and upkeep$396
Monthly total$2,736

51.6% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,346 left each month. About 37 months (3.1 years) to save $86,320.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

Moving from Colorado Springs

Colorado Springs → Denver · $308 more

Compare Colorado Springs