
Affordable
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These days, finding an affordable place to live in the Cascade-Chipita Park area can be challenging. Home prices in Cascade-Chipita Park are now at a median cost of $769,234, higher than the Colorado average of $579,698.
The average cost of rent is $1,490/mo in Cascade-Chipita Park, primarily driven by the current value of real estate in the Cascade-Chipita Park area. In Cascade-Chipita Park, 17.88% of households rent, and 41.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cascade-Chipita Park is $9,584 per month. Households that rent pay about 15.55% of their income on rent here. Cascade-Chipita Park’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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