Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Colo area can be challenging. Home prices in Colo are now at a median cost of $150,237, lower than the Iowa average of $182,666.
The average cost of rent is $984/mo in Colo, primarily driven by the current value of real estate in the Colo area. While nearly 38.26% of residents own their homes outright in Colo, 17.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colo is $6,618 per month. Households that rent pay about 14.87% of their income on rent here. Colo's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Nevada, IA: equally priced homes
- State Center, IA: equally priced homes
- Iowa Center, IA: equally priced homes
- Collins, IA: higher priced homes
- Zearing, IA: equally priced homes
- Clemons, IA: less expensive homes
- Rhodes, IA: higher priced homes
- Maxwell, IA: higher priced homes
- St. Anthony, IA: less expensive homes
- Shipley, IA: higher priced homes
Cities with Similar Populations
- Tower Lakes, IL: higher priced homes
- Dalton, MN: higher priced homes
- Van Buren, MO: less expensive homes
- Dexter, KY: less expensive homes
- Dickerson, MD: higher priced homes
- Drakes Branch, VA: less expensive homes
- Dublin, NH: higher priced homes
- University Heights, IA: higher priced homes
- Trail, OR: higher priced homes
- Elysian, MN: higher priced homes
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