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These days, finding an affordable place to live in the Berkley area can be challenging. Home prices in Berkley are now at a median cost of $457,592, lower than the Colorado average of $579,698.
The average cost of rent is $1,806/mo in Berkley, primarily driven by the current value of real estate in the Berkley area. In Berkley, 36.80% of households rent, and 35.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Berkley is $7,126 per month. Households that rent pay about 25.34% of their income on rent here. Berkley’s most expensive areas are in the northeastern 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
- Mountain View, CO: higher priced homes
- North Washington, CO: higher priced homes
- Sherrelwood, CO: equally priced homes
- Wheat Ridge, CO: higher priced homes
- Welby, CO: less expensive homes
- Federal Heights, CO: less expensive homes
- Edgewater, CO: higher priced homes
- Westminster, CO: higher priced homes
- Arvada, CO: higher priced homes
- Derby, CO: less expensive homes
Cities with Similar Populations
- Norwich, NY: less expensive homes
- Jerseyville, IL: less expensive homes
- Juana Diaz, PR: less expensive homes
- Mount Pleasant, IA: less expensive homes
- Myrtle Grove, NC: equally priced homes
- Natrona Heights, PA: less expensive homes
- Nevada, MO: less expensive homes
- New Market, AL: less expensive homes
- Newalla, OK: less expensive homes
- Newcastle, OK: less expensive homes
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