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These days, finding an affordable place to live in the 80016 area can be challenging. Home prices in 80016 are now at a median cost of $760,682, higher than the Colorado average of $579,698.
The average cost of rent is $2,556/mo in 80016, primarily driven by the current value of real estate in the 80016 area. In 80016, 21.62% of households rent, and 17.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 80016 is $13,629 per month. Households that rent pay about 18.75% of their income on rent here. 80016’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 80015, CO: less expensive homes
- 80013, CO: less expensive homes
- 80138, CO: higher priced homes
- 80134, CO: equally priced homes
- 80014, CO: less expensive homes
- 80017, CO: less expensive homes
- 80112, CO: less expensive homes
- 80111, CO: higher priced homes
- 80124, CO: higher priced homes
- 80012, CO: less expensive homes
Zip Codes with Similar Populations
- 95624, CA: less expensive homes
- 17603, PA: less expensive homes
- 20878, MD: less expensive homes
- 43123, OH: less expensive homes
- 75150, TX: less expensive homes
- 44256, OH: less expensive homes
- 66061, KS: less expensive homes
- 02148, MA: less expensive homes
- 84404, UT: less expensive homes
- 85308, AZ: less expensive homes
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