El Paso County
Colorado · Pop. 730,395
Ranked #104 of 200 counties
40Moderate
Median Home Price
🏠$420K
3.5% YoY
Median Rent
🔑$1,600
Median Income
💰$72K
Rent Burden
📊30.0%
% of income to rent
Housing Shortage
🏗️10,000
estimated unit deficit
Building Permits (2024)
📋5,200
Price-to-Income Ratio
⚖️5.8x
Homeownership Rate
🏡62.0%
How El Paso County Compares
| Metric | El Paso County | Colorado | National |
|---|---|---|---|
| Home Price | $420K | $550K | $410K |
| Rent | $1,600 | $1,771 | $1,500 |
| Income | $72K | $93K | $75K |
| Rent Burden | 30.0% | 33.8% | 30.0% |
| Homeownership | 62.0% | 66.0% | 65.0% |
Key Takeaways
- • Home prices are 2% above the national average.
- • Rent is 7% above the national average.
- • The county has an estimated housing shortage of 10,000 units.
- • 5,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.5%.