Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cortez area can be challenging. Home prices in Cortez are now at a median cost of $223,730, lower than the Colorado average of $430,259.
The average cost of rent is $833/mo in Cortez, primarily driven by the current value of real estate in the Cortez area. While nearly 48.36% of residents own their homes outright in Cortez, 27.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cortez is $4,789 per month. Households that rent pay about 17.39% of their income on rent here. Cortez's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Lebanon, CO: higher priced homes
- Dolores, CO: higher priced homes
- Mesa Verde National Park, CO: higher priced homes
- Towaoc, CO: less expensive homes
- Mancos, CO: higher priced homes
- Hesperus, CO: higher priced homes
- Aneth, UT: less expensive homes
- Montezuma Creek, UT: less expensive homes
- Durango, CO: higher priced homes
- Hermosa, CO: higher priced homes
Cities with Similar Populations
- Wayland, MI: equally priced homes
- Ellisville, MS: less expensive homes
- Elizabeth, CO: higher priced homes
- Elberton, GA: less expensive homes
- South Boston, VA: less expensive homes
- Duson, LA: less expensive homes
- Dudley, MA: higher priced homes
- Vineyard Haven, MA: higher priced homes
- Clay, AL: less expensive homes
- Chipley, FL: less expensive homes
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