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These days, finding an affordable place to live in the Arvada area can be challenging. Home prices in Arvada are now at a median cost of $591,508, higher than the Wyoming average of $376,641.
The average cost of rent is $1,122/mo in Arvada, primarily driven by the current value of real estate in the Arvada area. In Arvada, 19.79% of households rent, and 47.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arvada is $8,122 per month. Households that rent pay about 13.82% of their income on rent here. Arvada’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Leiter, WY: higher priced homes
- Clearmont, WY: higher priced homes
- Spotted Horse, WY: less expensive homes
- Teckla, WY: less expensive homes
- Wyodak, WY: less expensive homes
- Ucross, WY: equally priced homes
- Ulm, WY: higher priced homes
- Buffalo, WY: less expensive homes
- Recluse, WY: less expensive homes
- Saddlestring, WY: less expensive homes
Cities with Similar Populations
- China, IN: less expensive homes
- Shafter, TX: less expensive homes
- Cedar Hill, MS: less expensive homes
- Kinfolks Ridge, MO: less expensive homes
- White House, PA: less expensive homes
- Keota, CO: less expensive homes
- Kayford, WV: less expensive homes
- Kanawha, TX: less expensive homes
- Kamalo, HI: less expensive homes
- Joppa, IN: less expensive homes
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