Neighborhood Guide

Walters Commons

Monument, CO 80132

Data Verified: Jul 4, 2026

About this Area

Walters Commons in Monument, Colorado, exudes a serene, family-oriented atmosphere nestled against the backdrop of the majestic Rampart Range. Established in the late 1990s, this neighborhood was designed to blend modern suburban living with the natural beauty of the Rocky Mountain foothills. Residents enjoy a tight-knit community feel, where neighbors often gather at the local parks or community events, fostering a strong sense of belonging. The area’s history is rooted in its development as a planned community, offering a harmonious balance between convenience and tranquility. With its tree-lined streets and well-maintained homes, Walters Commons appeals to those seeking a peaceful retreat while remaining close to essential amenities and urban conveniences.

Walters Commons features a diverse range of architectural styles, including contemporary single-family homes, ranch-style residences, and luxury estates, all set on spacious lots ranging from 0.25 to 0.5 acres. The median home value in this neighborhood is approximately seven hundred thousand nine hundred dollars, reflecting its desirability and high demand. Many properties boast open floor plans, gourmet kitchens, and expansive outdoor living spaces, perfect for Colorado’s outdoor lifestyle. The neighborhood’s well-planned infrastructure includes wide sidewalks, underground utilities, and meticulously landscaped common areas. Buyers are drawn to Walters Commons for its blend of modern luxury and natural charm, making it a prime location for both first-time homeowners and seasoned investors.

Residents of Walters Commons enjoy unparalleled access to outdoor recreation, with the nearby Rampart Range offering hiking, biking, and wildlife viewing opportunities. The neighborhood itself is home to several well-maintained parks, including a community playground and picnic areas, ideal for family gatherings. For education, families benefit from the highly rated Lewis-Palmer School District, which serves the area with top-tier schools like Lewis-Palmer High School. Shopping and dining options are conveniently located at the nearby Monument Marketplace, featuring a variety of local and national retailers. Additionally, the neighborhood’s proximity to Interstate 25 ensures easy commutes to Colorado Springs and Denver, enhancing its appeal for professionals and outdoor enthusiasts alike.

Walters Commons stands out as a premier destination for homebuyers seeking a high quality of life in Monument, Colorado, with a median household income of one hundred fifty-five thousand one hundred seventy-six dollars supporting its economic stability. The neighborhood’s proximity to outdoor adventures, top-rated schools, and major employment hubs makes it an ideal choice for families, professionals, and retirees alike. Commute times are reasonable, with most residents reaching Colorado Springs in under twenty minutes and Denver in approximately one hour. The strong sense of community, combined with the area’s natural beauty and modern amenities, ensures that Walters Commons remains a highly sought-after location for real estate investment and long-term residency.

Homendo Valuation Index
Quality of Life 89
Environment 81
Education 89
Safety 83
Demographics
Population
29,379
Density
3,200
Median Age
42.5
Income
$155,176
StatisticZipCityCountyStateUSA
Population 29,379 11,035736,0085,810,774332,387,540
Median Age 42.5 38.035.037.538.7
People per Household 2.90 2.792.522.452.54
Median Household Income $155,176 $114,654$87,470$92,470$78,538
Avg Income per Capita $61,485 $49,575$44,250$50,489$43,289
Real Estate Market
Median Value
$700,900
Median Rent
$1,911
Available
460
MetricZipCityCountyStateUSA
Median Sale Price$700,900$586,400$431,000$502,200$303,400
Median Age of Home2519373845
Homes Owned85.2%76.0%63.3%60.6%58.2%
Homes Rented11.9%20.8%32.1%30.8%31.3%
Homes Vacant3.0%3.2%4.6%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index152.4152.4152.4152.4100.0
Commute Time (min)28.930.523.525.526.6
Work from Home25.1%23.2%15.4%18.8%13.5%
Climate
Jan Low
9.0°
July High
80.6°
Rain
19.2"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)9.09.09.09.09.0
July Avg High (°F)80.680.680.680.680.6
Annual Precip (in)19.219.219.219.219.2
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Walters Commons

Walters Commons is an affluent community with above-average earning potential located in Monument. The neighborhood is characterized by a very high stability rate, with 85.2% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area attracts a diverse age group (Median Age: 42.5), creating a unique community atmosphere. With a median household income of $155,176, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Walters Commons is currently active. The median home value stands at $700,900, reflecting the desirability of the Monument area. For investors or those looking to lease, the median rent is approximately $1,911.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 3.0%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Walters Commons holds a Homendo Safety Score of 83 and an Environmental Quality Score of 81. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Monument region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Walters Commons is rated at 89 on the Homendo Index. Located within the El Paso County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
Powered By
WalkScore™
Walk
Car-Dependent
16
Bike
Somewhat Bikeable
22
School Ratings

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