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Affordable
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These days, finding an affordable place to live in the 81431 area can be challenging. Home prices in 81431 are now at a median cost of $278,072, lower than the Colorado average of $579,698.
The average cost of rent is $920/mo in 81431, primarily driven by the current value of real estate in the 81431 area. In 81431, 7.00% of households rent, and 49.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 81431 is $4,744 per month. Households that rent pay about 19.40% of their income on rent here. 81431’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
- 81423, CO: higher priced homes
- 81424, CO: less expensive homes
- 81422, CO: less expensive homes
- 81430, CO: higher priced homes
- 81432, CO: higher priced homes
- 81427, CO: higher priced homes
- 81235, CO: higher priced homes
- 81243, CO: higher priced homes
- 81149, CO: less expensive homes
- 81155, CO: less expensive homes
Zip Codes with Similar Populations
- 74632, OK: less expensive homes
- 49838, MI: less expensive homes
- 49927, MI: less expensive homes
- 49955, MI: less expensive homes
- 49965, MI: less expensive homes
- 50119, IA: less expensive homes
- 50264, IA: less expensive homes
- 50434, IA: less expensive homes
- 50544, IA: less expensive homes
- 48721, MI: less expensive homes
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