Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Cherry Creek area can be challenging. Home prices in Cherry Creek are now at a median cost of $991,251, higher than the Denver average of $628,486.
The average cost of rent is $2,637/mo in Cherry Creek, primarily driven by the current value of real estate in the Cherry Creek area. In Cherry Creek, 39.62% of households rent, and 32.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Creek is $14,337 per month. Households that rent pay about 18.40% of their income on rent here. Cherry Creek’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Hampden South, Denver, CO: less expensive homes
- Hampden, Denver, CO: less expensive homes
- Southeastern Denver, Denver, CO: less expensive homes
- University Hills, Denver, CO: less expensive homes
- Dayton Triangle, Aurora, CO: less expensive homes
- Dam East-West, Aurora, CO: less expensive homes
- Wellshire, Denver, CO: higher priced homes
- East Ridge-Ptarmigan Park, Aurora, CO: less expensive homes
- Village East, Aurora, CO: less expensive homes
- University, Denver, CO: equally priced homes
Neighborhoods with Similar Populations
- Whitestone, Queens, NY: less expensive homes
- Huntridge, Las Vegas, NV: less expensive homes
- Kenwood, Chicago, IL: less expensive homes
- Los Neitos, West Whittier-Los Nietos, CA: less expensive homes
- Macalester-Groveland, St. Paul, MN: less expensive homes
- Franklin Park, Toledo, OH: less expensive homes
- Magnolia, Seattle, WA: higher priced homes
- Flat Rock Area, Flat Rock, MI: less expensive homes
- Maplewood, Rochester, NY: less expensive homes
- Far Northeast-Houston, Houston, TX: less expensive homes
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