Median Home PriceBETTER
$446,354.69
Median RentBETTER
$1,707.27/mo
Price-to-Rent RatioBETTER
21.8
Property Tax RateTIE
0.51%
Price Change (1Y)
-2.2%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$261,943
Median Home Price
$542,282.7
Median Rent
$1,880.61/mo
Price-to-Rent Ratio
24.0
Property Tax RateTIE
0.51%
Price Change (1Y)BETTER
-1.5%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$348,231
Key Differences
Home Prices
Colorado Springs's median home price of $446,354.69 is lower than Fort Collins's $542,282.7 by 18%.
Monthly Rent
Renting in Colorado Springs costs $1,707.27/mo compared to $1,880.61/mo in Fort Collins—a difference of $173.34/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.