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These days, finding an affordable place to live in the Colorado City area can be challenging. Home prices in Colorado City are now at a median cost of $281,079, lower than the Colorado average of $579,698.
The average cost of rent is $1,268/mo in Colorado City, primarily driven by the current value of real estate in the Colorado City area. In Colorado City, 22.37% of households rent, and 21.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Colorado City is $4,453 per month. Households that rent pay about 28.48% of their income on rent here. Colorado City’s most expensive areas are in the southeastern 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
- Rye, CO: higher priced homes
- Lascar, CO: higher priced homes
- San Isabel, CO: higher priced homes
- Beulah, CO: higher priced homes
- Fairview, CO: higher priced homes
- North Avondale, CO: less expensive homes
- Tanglewood Acres, CO: higher priced homes
- Crestone, CO: higher priced homes
- Moffat, CO: less expensive homes
- Vroman, CO: less expensive homes
Cities with Similar Populations
- Haines, AK: equally priced homes
- Ellington, MO: less expensive homes
- Big Pine, CA: higher priced homes
- Bowdoinham, ME: higher priced homes
- Bright Star, TX: less expensive homes
- Castalia, NC: less expensive homes
- Chippewa Lake, OH: less expensive homes
- Clifton, IL: less expensive homes
- Colmar, PA: higher priced homes
- Columbus AFB, MS: less expensive homes
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