The Most Affordable Neighborhoods in Castle Rock, CO by Home Value

 

Castle Rock, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Castle Rock area can be challenging. Home prices in Castle Rock are now at a median cost of $704,711, higher than the Colorado average of $579,698.

The average cost of rent is $2,400/mo in Castle Rock, primarily driven by the current value of real estate in the Castle Rock area. In Castle Rock, 19.06% of households rent, and 17.46% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Castle Rock is $12,789 per month. Households that rent pay about 18.77% of their income on rent here. Castle Rock’s most expensive areas are in the southwestern 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.


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