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Affordable
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These days, finding an affordable place to live in the 81505 area can be challenging. Home prices in 81505 are now at a median cost of $501,668, lower than the Colorado average of $579,698.
The average cost of rent is $1,333/mo in 81505, primarily driven by the current value of real estate in the 81505 area. In 81505, 29.35% of households rent, and 41.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 81505 is $7,598 per month. Households that rent pay about 17.55% of their income on rent here. 81505’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 81506, CO: less expensive homes
- 81507, CO: equally priced homes
- 81501, CO: less expensive homes
- 81504, CO: less expensive homes
- 81503, CO: less expensive homes
- 81521, CO: equally priced homes
- 81520, CO: less expensive homes
- 81526, CO: equally priced homes
- 81524, CO: higher priced homes
- 81525, CO: equally priced homes
Zip Codes with Similar Populations
- 11766, NY: higher priced homes
- 50327, IA: less expensive homes
- 64601, MO: less expensive homes
- 64128, MO: less expensive homes
- 63645, MO: less expensive homes
- 63390, MO: less expensive homes
- 62450, IL: less expensive homes
- 60950, IL: less expensive homes
- 60548, IL: less expensive homes
- 57107, SD: less expensive homes
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