The Most Affordable Neighborhoods in Chaffee County, CO by Home Value

 

Chaffee County, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chaffee County area can be challenging. Home prices in Chaffee County are now at a median cost of $662,684, higher than the Colorado average of $579,698.

The average cost of rent is $1,890/mo in Chaffee County, primarily driven by the current value of real estate in the Chaffee County area. In Chaffee County, 25.87% of households rent, and 40.28% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Chaffee County is $7,593 per month. Households that rent pay about 24.89% of their income on rent here. Chaffee County’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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