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These days, finding an affordable place to live in the Colgate area can be challenging. Home prices in Colgate are now at a median cost of $189,298, lower than the North Dakota average of $273,535.
The average cost of rent is $766/mo in Colgate, primarily driven by the current value of real estate in the Colgate area. In Colgate, 23.40% of households rent, and 66.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colgate is $6,987 per month. Households that rent pay about 10.96% of their income on rent here. Colgate’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Page, ND: higher priced homes
- Hope, ND: less expensive homes
- Pillsbury, ND: higher priced homes
- Galesburg, ND: equally priced homes
- Clifford, ND: less expensive homes
- Luverne, ND: equally priced homes
- Erie, ND: higher priced homes
- Ayr, ND: higher priced homes
- Sibley, ND: higher priced homes
- Hunter, ND: higher priced homes
Cities with Similar Populations
- Leoville, KS: less expensive homes
- Laketon, TX: higher priced homes
- Lakeview, TX: less expensive homes
- Lamona, WA: higher priced homes
- Landingville, PA: higher priced homes
- Langford, NY: higher priced homes
- Las Lomas, CA: higher priced homes
- Las Nutrias, NM: equally priced homes
- Lauderdale, WI: higher priced homes
- Lakemont, NY: less expensive homes
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