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Home values, rents and more in ZIP code 80515 (Drake, CO)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$466,000
Metro: $546,000 · U.S.: $366,000
Home values, past year
−2.2%
Metro: −0.3% · U.S.: +1.2%
Population
934
ACS 2020–24
Median household income
$66,615
Metro: $93,765 · U.S.: $80,734
ZIP codes around 80515, shaded by typical home value8051580512805378053880532
  • Under $500k
  • $500k–$550k
  • $550k–$570k
  • $570k–$680k
  • $680k+
  • No data
ZIP codes around 80515, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 80515 is outlined.

How 80515 compares

The typical home in ZIP code 80515 (Drake, CO) is worth about $466,000, according to the Zillow Home Value Index for September 2026. Home values in 80515 are 15% below the typical value in the Fort Collins metro area ($546,000) and 27% above the U.S. typical value ($366,000).

Over the past year, home values in 80515 fell 2.2%, compared with −0.3% in the Fort Collins metro area and +1.2% nationally.

The median household income is $66,615, against $93,765 in the Fort Collins metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 934 people live in 80515 (American Community Survey 2020–24).

80515 has the 3rd-lowest typical home value of the 17 ZIP codes in the Fort Collins metro area and the 183rd-lowest of 415 in Colorado with Zillow figures.

Part of: Larimer County, CO · Fort Collins metro area · Colorado

More for 80515 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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