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These days, finding an affordable place to live in the Cedaredge area can be challenging. Home prices in Cedaredge are now at a median cost of $339,257, lower than the Colorado average of $579,698.
The average cost of rent is $1,206/mo in Cedaredge, primarily driven by the current value of real estate in the Cedaredge area. In Cedaredge, 20.25% of households rent, and 49.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cedaredge is $4,771 per month. Households that rent pay about 25.27% of their income on rent here. Cedaredge’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eckert, CO: less expensive homes
- Grand Mesa, CO: higher priced homes
- Orchard City, CO: equally priced homes
- Rogers Mesa, CO: equally priced homes
- Austin, CO: equally priced homes
- Hotchkiss, CO: higher priced homes
- Lazear, CO: equally priced homes
- North Delta, CO: less expensive homes
- Cory, CO: equally priced homes
- Delta, CO: equally priced homes
Cities with Similar Populations
- Rio Hondo, TX: less expensive homes
- Rootstown, OH: less expensive homes
- Concordia, KS: less expensive homes
- Grambling, LA: less expensive homes
- Rock Valley, IA: less expensive homes
- Robesonia, PA: less expensive homes
- Roberts, WI: higher priced homes
- Roan Mountain, TN: less expensive homes
- Cornwall, PA: equally priced homes
- Corral City, TX: higher priced homes
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