
Affordable
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These days, finding an affordable place to live in the Cedar Cove area can be challenging. Home prices in Cedar Cove are now at a median cost of $750,832, higher than the Colorado average of $579,698.
The average cost of rent is $1,606/mo in Cedar Cove, primarily driven by the current value of real estate in the Cedar Cove area. In Cedar Cove, 10.33% of households rent, and 44.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Cove is $7,326 per month. Households that rent pay about 21.92% of their income on rent here. Cedar Cove’s most expensive areas are in the northeastern 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
- Waltonia, CO: equally priced homes
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- Bellvue, CO: equally priced homes
Cities with Similar Populations
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