The Most Affordable Neighborhoods in Aspen, CO by Home Value

 

Aspen, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Aspen area can be challenging. Home prices in Aspen are now at a median cost of $762,772, higher than the Colorado average of $430,259.

The average cost of rent is $1,662/mo in Aspen, primarily driven by the current value of real estate in the Aspen area. While nearly 40.15% of residents own their homes outright in Aspen, 40.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Aspen is $8,318 per month. Households that rent pay about 19.99% of their income on rent here. Aspen's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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