Expensive
Affordable
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These days, finding an affordable place to live in the Alma area can be challenging. Home prices in Alma are now at a median cost of $507,811, lower than the Colorado average of $579,698.
The average cost of rent is $2,220/mo in Alma, primarily driven by the current value of real estate in the Alma area. In Alma, 39.96% of households rent, and 26.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alma is $9,009 per month. Households that rent pay about 24.64% of their income on rent here. Alma’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glentivar, CO: equally priced homes
- Fairplay, CO: equally priced homes
- Blue River, CO: higher priced homes
- Leadville, CO: equally priced homes
- Climax, CO: less expensive homes
- Leadville North, CO: equally priced homes
- Breckenridge, CO: higher priced homes
- Stringtown, CO: less expensive homes
- Mount Massive Lakes, CO: equally priced homes
- Jefferson, CO: equally priced homes
Cities with Similar Populations
- Fort Hancock, TX: less expensive homes
- Anna Maria, FL: higher priced homes
- Trout Lake, WA: higher priced homes
- Richfield, ID: less expensive homes
- Dawley Corners, VA: higher priced homes
- Rocksprings, TX: less expensive homes
- Sydnorsville, VA: less expensive homes
- Strausstown, PA: less expensive homes
- Crawford, NE: less expensive homes
- Round Mountain, TX: higher priced homes
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