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These days, finding an affordable place to live in the Craig area can be challenging. Home prices in Craig are now at a median cost of $291,930, lower than the Colorado average of $579,698.
The average cost of rent is $1,152/mo in Craig, primarily driven by the current value of real estate in the Craig area. In Craig, 32.87% of households rent, and 34.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Craig is $6,573 per month. Households that rent pay about 17.52% of their income on rent here. Craig’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Craig South Highlands, CO: higher priced homes
- Lay, CO: equally priced homes
- Pagoda, CO: higher priced homes
- Hayden, CO: higher priced homes
- Hamilton, CO: higher priced homes
- Sunbeam, CO: less expensive homes
- Slater, CO: higher priced homes
- Baggs, WY: less expensive homes
- Dixon, WY: less expensive homes
- Clark, CO: higher priced homes
Cities with Similar Populations
- Sandy Hook, CT: higher priced homes
- Harrah, OK: less expensive homes
- Hampshire, IL: higher priced homes
- Hamlet, NC: less expensive homes
- Hamburg, PA: less expensive homes
- Gustine, CA: higher priced homes
- Gunnison, CO: higher priced homes
- Groton, MA: higher priced homes
- Grosse Pointe Park, MI: higher priced homes
- Paola, KS: equally priced homes
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