Denver-Aurora-Lakewood, CO · Colorado

Elbert County

ZIP 80835

27,152 residents331 permits TTM$129,477 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$664,600

ACS 5-Year

Cap rate proxy

2.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

13.3%

HUD FMR ÷ ACS HHI

Net migration

+3.78%

IRS SOI

Permits (TTM)

331

Census BPS

Climate risk

36.6

FEMA NRI (0–100)

ZIP 80835

Median home value

$664,600

Gross yield

2.6%

Cap rate

2.6%

Rent gap

0.3%

Affordability

P/I: 2.6R/I:

Section 8 detail

SAFMR: $1,440Rent: $1,436Gap: 0.3%
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
80835$664,600county est.$1,4402.6%2.6%0.3%
801012.6%
80832$664,600county est.$1,1902.1%2.6%-20.7%
801072.6%
808302.6%

Ranked by composite score

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Demographics

Owner-occupied

94.4%

Census ACS

Vacancy rate

5.3%

Census ACS

Bachelor's degree +

35.2%

Census ACS

Rent burdened

33.8%

Census ACS (>30% income)

Median age

44.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026