Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Amherst area can be challenging. Home prices in Amherst are now at a median cost of $280,307, lower than the Colorado average of $430,259.
The average cost of rent is $797/mo in Amherst, primarily driven by the current value of real estate in the Amherst area. While nearly 67.33% of residents own their homes outright in Amherst, 19.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Amherst is $7,256 per month. Households that rent pay about 10.99% of their income on rent here. Amherst's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Venango, NE: less expensive homes
- Holyoke, CO: less expensive homes
- Lamar, NE: less expensive homes
- Paoli, CO: less expensive homes
- Ovid, CO: less expensive homes
- Julesburg, CO: less expensive homes
- Haxtun, CO: less expensive homes
- Champion, NE: less expensive homes
- Sedgwick, CO: less expensive homes
- Grant, NE: less expensive homes
Cities with Similar Populations
- Peel, OR: equally priced homes
- Bickleton, WA: less expensive homes
- Rhyolite, NV: less expensive homes
- Quaker, WV: less expensive homes
- Buffalo City, AR: less expensive homes
- Cougar, WA: higher priced homes
- Silver Bay, NY: equally priced homes
- Ventucopa, CA: equally priced homes
- Herod, IL: less expensive homes
- Thendara, NY: less expensive homes
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