Expensive
Affordable
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These days, finding an affordable place to live in the Basalt area can be challenging. Home prices in Basalt are now at a median cost of $931,901, higher than the Colorado average of $579,698.
The average cost of rent is $2,196/mo in Basalt, primarily driven by the current value of real estate in the Basalt area. In Basalt, 30.46% of households rent, and 53.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Basalt is $9,138 per month. Households that rent pay about 24.04% of their income on rent here. Basalt’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- El Jebel, CO: higher priced homes
- Snowmass, CO: equally priced homes
- Carbondale, CO: equally priced homes
- Emma, CO: equally priced homes
- Woody Creek, CO: less expensive homes
- Snowmass Village, CO: higher priced homes
- Ruedi, CO: higher priced homes
- Cattle Creek, CO: higher priced homes
- Norrie, CO: higher priced homes
- Aspen, CO: higher priced homes
Cities with Similar Populations
- Fair Plain, MI: less expensive homes
- Ormond-by-the-Sea, FL: less expensive homes
- Erwin, NC: less expensive homes
- Oneida, TN: less expensive homes
- Old Greenwich, CT: higher priced homes
- Olathe, CO: less expensive homes
- Oelwein, IA: less expensive homes
- Exeter, RI: less expensive homes
- Oconto, WI: less expensive homes
- Epping, NH: less expensive homes
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