Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cheyenne Wells area can be challenging. Home prices in Cheyenne Wells are now at a median cost of $157,188, lower than the Colorado average of $430,259.
The average cost of rent is $647/mo in Cheyenne Wells, primarily driven by the current value of real estate in the Cheyenne Wells area. While nearly 62.27% of residents own their homes outright in Cheyenne Wells, 25.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cheyenne Wells is $5,438 per month. Households that rent pay about 11.89% of their income on rent here. Cheyenne Wells's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Arapahoe, CO: equally priced homes
- Weskan, KS: less expensive homes
- Kit Carson, CO: equally priced homes
- Sheridan Lake, CO: equally priced homes
- Towner, CO: equally priced homes
- Eads, CO: less expensive homes
- Bethune, CO: higher priced homes
- Sharon Springs, KS: less expensive homes
- Burlington, CO: equally priced homes
- Stratton, CO: higher priced homes
Cities with Similar Populations
- Hartland, IL: higher priced homes
- Somerville, VA: higher priced homes
- Silver Lake, TX: higher priced homes
- Siasconset, MA: higher priced homes
- Salisbury, NH: higher priced homes
- Malden, IN: higher priced homes
- Lake Dalecarlia, IN: higher priced homes
- Ireton, IA: higher priced homes
- Ilwaco, WA: higher priced homes
- Hygiene, CO: higher priced homes
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