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Affordable
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These days, finding an affordable place to live in the 81120 area can be challenging. Home prices in 81120 are now at a median cost of $269,283, lower than the Colorado average of $579,698.
The average cost of rent is $776/mo in 81120, primarily driven by the current value of real estate in the 81120 area. In 81120, 24.51% of households rent, and 73.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 81120 is $4,116 per month. Households that rent pay about 18.85% of their income on rent here. 81120’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 81129, CO: less expensive homes
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- 81138, CO: less expensive homes
- 87524, NM: equally priced homes
- 81152, CO: less expensive homes
- 87512, NM: less expensive homes
- 81126, CO: less expensive homes
- 81128, CO: higher priced homes
- 87528, NM: less expensive homes
Zip Codes with Similar Populations
- 04965, ME: less expensive homes
- 98850, WA: higher priced homes
- 97136, OR: higher priced homes
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- 16041, PA: less expensive homes
- 15469, PA: less expensive homes
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