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These days, finding an affordable place to live in the Colfax area can be challenging. Home prices in Colfax are now at a median cost of $285,137, higher than the North Dakota average of $273,535.
The average cost of rent is $731/mo in Colfax, primarily driven by the current value of real estate in the Colfax area. In Colfax, 7.33% of households rent, and 42.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colfax is $8,787 per month. Households that rent pay about 8.32% of their income on rent here. Colfax’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Walcott, ND: equally priced homes
- Galchutt, ND: equally priced homes
- Abercrombie, ND: equally priced homes
- Christine, ND: higher priced homes
- Kent, MN: less expensive homes
- Wolverton, MN: less expensive homes
- Kindred, ND: higher priced homes
- Oxbow, ND: higher priced homes
- Dwight, ND: equally priced homes
- Mooreton, ND: equally priced homes
Cities with Similar Populations
- Blackwell, TX: less expensive homes
- Romeo, TN: less expensive homes
- Burlington, ME: less expensive homes
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- Bradford Center, ME: less expensive homes
- Bluegrove, TX: less expensive homes
- Bloomingport, IN: less expensive homes
- West Glocester, RI: higher priced homes
- Blairsburg, IA: less expensive homes
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