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These days, finding an affordable place to live in the 81242 area can be challenging. Home prices in 81242 are now at a median cost of $669,407, higher than the Colorado average of $579,698.
The average cost of rent is $2,295/mo in 81242, primarily driven by the current value of real estate in the 81242 area. In 81242, 16.49% of households rent, and 34.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 81242 is $7,514 per month. Households that rent pay about 30.55% of their income on rent here. 81242’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 81201, CO: equally priced homes
- 81227, CO: less expensive homes
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- 81237, CO: less expensive homes
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- 81212, CO: less expensive homes
- 81230, CO: less expensive homes
- 81215, CO: less expensive homes
Zip Codes with Similar Populations
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- 49816, MI: less expensive homes
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- 43359, OH: less expensive homes
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- 42154, KY: less expensive homes
- 41260, KY: less expensive homes
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