Peyton is a census-designated place and a U.S. Post Office in El Paso County, Colorado, United States. Peyton and towns such as Falcon, Calhan, Ramah, Simla, and Matheson straddle U.S. Highway 24 between Colorado Springs and Limon, Colorado where US 24 intersects with Interstate 70. Students are served by Peyton School District 23JT in the Peyton area and by Falcon School District 49 in the Falcon area and nearby areas of Colorado Springs.
Peyton was settled by George Peyton in 1888 and was surveyed and platted on December 25 of that year. Originally called Mayfield, the settlement was renamed Peyton after the post office had been refused under that name because there was already a Mayfield, California.
The Black Squirrel Creek Bridge, a property formerly listed on the National Register of Historic Places, was located between Peyton and Falcon, Colorado. The bridge was dismantled and replaced in 2012. The Homestead Ranch Regional Park is located in Peyton with facilities that include a playground and hiking trails.