What rent should I use for a 3-bedroom rental in Colorado Springs, CO?

In ZIP 80902 the typical figure is $2,529 a month ($2,218–$2,840); across Colorado Springs's 51 ZIP codes it's $1,526–$3,360, with a median of $2,240. Check listings for the specific property.

Cap rate & gross rent multiplier calculator for Colorado Springs, CO

Starts from local data for Colorado Springs, CO (ZIP 80902): a 3-bedroom rent of $2,529 a month (range $2,218–$2,840). Every value stays editable.

Cap rate

6.58%

Gross rent multiplier

9.92

Gross annual rent: $50,400
NOI (yearly): $32,880

Cap rate6.58%

How this is calculated

1Gross annual rent = monthly rent × 12.
2NOI = gross annual rent × (1 − vacancy %) − operating expenses.
3Cap rate = NOI ÷ price.
4GRM = price ÷ gross annual rent.

Neither metric accounts for financing. Use the rental cash flow calculator to see returns with a mortgage.

Frequently asked questions

What rent should I use for a 3-bedroom rental in Colorado Springs, CO?: In ZIP 80902 the typical figure is $2,529 a month ($2,218–$2,840); across Colorado Springs's 51 ZIP codes it's $1,526–$3,360, with a median of $2,240. Check listings for the specific property.

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