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These days, finding an affordable place to live in the 80516 area can be challenging. Home prices in 80516 are now at a median cost of $552,100, higher than the Colorado average of $430,259.
The average cost of rent is $2,501/mo in 80516, primarily driven by the current value of real estate in the 80516 area. While nearly 20.87% of residents own their homes outright in 80516, 13.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 80516 is $11,778 per month. Households that rent pay about 21.24% of their income on rent here. 80516's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 80026, CO: equally priced homes
- 80023, CO: higher priced homes
- 80514, CO: less expensive homes
- 80530, CO: less expensive homes
- 80520, CO: less expensive homes
- 80027, CO: higher priced homes
- 80020, CO: less expensive homes
- 80544, CO: equally priced homes
- 80602, CO: equally priced homes
- 80504, CO: less expensive homes
Zip Codes with Similar Populations
- 19013, PA: less expensive homes
- 98021, WA: higher priced homes
- 54729, WI: less expensive homes
- 53214, WI: less expensive homes
- 40218, KY: less expensive homes
- 33611, FL: less expensive homes
- 31406, GA: less expensive homes
- 32773, FL: less expensive homes
- 30092, GA: less expensive homes
- 22405, VA: less expensive homes
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