
Home Price Key
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 $213,564, lower than the North Dakota average of $223,566.
The average cost of rent is $647/mo in Colfax, primarily driven by the current value of real estate in the Colfax area. While nearly 50.10% of residents own their homes outright in Colfax, 11.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colfax is $7,715 per month. Households that rent pay about 8.38% of their income on rent here. Colfax's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Walcott, ND: equally priced homes
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- Kindred, ND: higher priced homes
- Oxbow, ND: higher priced homes
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Cities with Similar Populations
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- West Glocester, RI: higher priced homes
- Blairsburg, IA: less expensive homes
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