The Most Affordable Neighborhoods in Crested Butte, CO by Home Value

 

Crested Butte, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Crested Butte area can be challenging. Home prices in Crested Butte are now at a median cost of $847,540, higher than the Colorado average of $579,698.

The average cost of rent is $1,496/mo in Crested Butte, primarily driven by the current value of real estate in the Crested Butte area. In Crested Butte, 31.53% of households rent, and 24.68% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Crested Butte is $7,297 per month. Households that rent pay about 20.49% of their income on rent here. Crested Butte’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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