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Affordable
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These days, finding an affordable place to live in the Black Forest area can be challenging. Home prices in Black Forest are now at a median cost of $818,556, higher than the Colorado average of $579,698.
The average cost of rent is $1,942/mo in Black Forest, primarily driven by the current value of real estate in the Black Forest area. In Black Forest, 4.45% of households rent, and 36.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Black Forest is $12,178 per month. Households that rent pay about 15.94% of their income on rent here. Black Forest’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elbert, CO: less expensive homes
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- Monument, CO: equally priced homes
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- Colorado Springs, CO: less expensive homes
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Cities with Similar Populations
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- Eagle River, WI: less expensive homes
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- Elizabethtown, NC: less expensive homes
- Winterville, GA: less expensive homes
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