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Affordable
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These days, finding an affordable place to live in the 80487 area can be challenging. Home prices in 80487 are now at a median cost of $1,225,513, higher than the Colorado average of $579,698.
The average cost of rent is $2,242/mo in 80487, primarily driven by the current value of real estate in the 80487 area. In 80487, 27.01% of households rent, and 35.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 80487 is $9,935 per month. Households that rent pay about 22.56% of their income on rent here. 80487’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 80477, CO: equally priced homes
- 80488, CO: higher priced homes
- 80430, CO: less expensive homes
- 81639, CO: less expensive homes
- 80473, CO: less expensive homes
- 81625, CO: less expensive homes
- 81638, CO: less expensive homes
- 80517, CO: less expensive homes
- 80532, CO: less expensive homes
- 81640, CO: less expensive homes
Zip Codes with Similar Populations
- 71108, LA: less expensive homes
- 27592, NC: less expensive homes
- 28501, NC: less expensive homes
- 28716, NC: less expensive homes
- 29512, SC: less expensive homes
- 88081, NM: less expensive homes
- 87532, NM: less expensive homes
- 83703, ID: less expensive homes
- 80007, CO: less expensive homes
- 77437, TX: less expensive homes
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