Peyton, Colorado.
Typical home $533,927 (-1.3% in a year), asking rent $2,686 (+3.7%). Colorado Springs, CO metro.
to buy the typical home at today's mortgage rate — +$1,380 (+97%) since Jan 2020.
- 1 year
- Down $6,998 -1%
- $540,925$533,927 since Sep 2025
- 5 years
- Up $38,354 +8%
- $495,573$533,927 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Peyton$2,802
- Colorado$2,777
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 46 years.
Typical home values in Peyton, CO fell 1.3% over the past year — slower than the nation's +1.2%.
Asking rents in Peyton, CO rose 3.7% over the past year — faster than the nation's +2.7%.
Owning the typical home in Peyton runs $869/mo more than renting one. The gap peaked at $1,223 in Jan 2025.
That is $3,555 a month against $2,686 rent: a $2,802 mortgage payment, plus $181 property tax and $572 insurance & upkeep.
Owning vs renting — Peyton
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,555
- Renting$2,686
- Mortgage only$2,802
Property tax · $181/mo 0.41% of value a year — the ACS 2020-2024 median bill over the median home value for El Paso County, CO
Insurance & upkeep · $572/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Peyton, El Paso County, Colorado
Peyton, in El Paso County, had 214 people in the 2020 census. Unemployment in El Paso County was 4.7% in August 2026, and the county had 0.5% fewer jobs in 2025 than the year before. The most people in El Paso County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Peyton is a very small community on the eastern side of El Paso County, Colorado, home to far fewer people than most towns. The population skews older than across much of the country, and homes here cost more than many would expect for a place this size, with rents that run high as well. Winters are cold, with December the coldest month, and a good deal of snow falls through the year, while July brings warm days.
Work. Residents of Peyton find work mostly in schools, hospitals and social care, in professional and business services, in shops, and in restaurants, hotels and entertainment. Among the larger workplaces in Peyton are Altman Specialty Plants, a wholesaler of florist's supplies, and the Peyton school district. Across El Paso County, jobs have slipped slightly from a year earlier, and unemployment has risen a little over the same stretch.
Things to do. Most outings from Peyton mean a longer drive. Garden of the Gods is a protected area of striking rock formations, and Cheyenne Mountain Zoo is a zoo on the mountainside west of the city. The World Figure Skating Hall of Fame is a museum for those who follow the sport, and each of these is a longer drive away.
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What people in El Paso County work in
Employed residents by industry, from the Census survey. El Paso County had 307,977 jobs in 2025, 0.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 40° and lows near 9°; warmest in July, with highs near 81° and lows near 49°. About 102 inches of snow and 22 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Eastonville Nnw weather station, 8 miles away (NOAA).
Largest workplaces in Peyton
- Altman Specialty PlantsFlorist's supplies merchant wholesalers261
- Peyton School District No. 23 in the county of El Paso andSchool district95FTE
- PeytonMail and parcel delivery46
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 307 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- WildfireRelatively high
- HailRelatively high
- LightningRelatively high
- TornadoesRelatively high
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Peyton’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on El Paso County and the Colorado Springs, CO metro.
Peyton home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Peyton$533,927
- Colorado$529,013
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 2 Peyton listings, and the typical home goes pending in 44 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Peyton42.13%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Peyton44
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Peyton289
New listings per month
Sellers arriving at the market.
- Peyton59
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Peyton$536,797
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Peyton99.41%
Zip codes with a Peyton address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Peyton — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.