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Affordable
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These days, finding an affordable place to live in the 80116 area can be challenging. Home prices in 80116 are now at a median cost of $889,486, higher than the Colorado average of $579,698.
The average cost of rent is $2,216/mo in 80116, primarily driven by the current value of real estate in the 80116 area. In 80116, 5.35% of households rent, and 37.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 80116 is $13,460 per month. Households that rent pay about 16.46% of their income on rent here. 80116’s most expensive areas are in the southern 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
- 80107, CO: less expensive homes
- 80104, CO: less expensive homes
- 80108, CO: equally priced homes
- 80109, CO: less expensive homes
- 80117, CO: less expensive homes
- 80118, CO: equally priced homes
- 80135, CO: equally priced homes
- 80131, CO: less expensive homes
- 80125, CO: equally priced homes
- 80425, CO: less expensive homes
Zip Codes with Similar Populations
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- 97106, OR: less expensive homes
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- 03261, NH: less expensive homes
- 04239, ME: less expensive homes
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- 04743, ME: less expensive homes
- 95665, CA: less expensive homes
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