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These days, finding an affordable place to live in the Colora area can be challenging. Home prices in Colora are now at a median cost of $354,364, lower than the Maryland average of $450,578.
The average cost of rent is $1,277/mo in Colora, primarily driven by the current value of real estate in the Colora area. In Colora, 11.13% of households rent, and 39.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colora is $8,792 per month. Households that rent pay about 14.52% of their income on rent here. Colora’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Port Deposit, MD: less expensive homes
- Rising Sun, MD: equally priced homes
- Conowingo, MD: equally priced homes
- Rock Springs, MD: less expensive homes
- Theodore, MD: equally priced homes
- Stafford, MD: higher priced homes
- Frenchtown, MD: equally priced homes
- Nottingham, PA: equally priced homes
- Principio Furnace, MD: less expensive homes
- Perryville, MD: less expensive homes
Cities with Similar Populations
- Allenton, MI: less expensive homes
- Lordsburg, NM: less expensive homes
- Gold Hill, NC: less expensive homes
- Dennis, MA: higher priced homes
- West Monroe, NY: less expensive homes
- Crimora, VA: less expensive homes
- Council Grove, KS: less expensive homes
- Campbell, TX: less expensive homes
- Brandon, WI: less expensive homes
- Bloomsdale, MO: less expensive homes
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