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These days, finding an affordable place to live in the Denver area can be challenging. Home prices in Denver are now at a median cost of $253,929, higher than the Iowa average of $226,062.
The average cost of rent is $947/mo in Denver, primarily driven by the current value of real estate in the Denver area. In Denver, 12.94% of households rent, and 37.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Denver is $7,811 per month. Households that rent pay about 12.12% of their income on rent here. Denver’s most expensive areas are in the northwestern 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.
Nearby Cities
- Knittel, IA: less expensive homes
- Readlyn, IA: less expensive homes
- Janesville, IA: higher priced homes
- Waverly, IA: less expensive homes
- Bremer, IA: higher priced homes
- Tripoli, IA: less expensive homes
- North Cedar, IA: higher priced homes
- Cedar Falls, IA: equally priced homes
- Dunkerton, IA: less expensive homes
- Shell Rock, IA: less expensive homes
Cities with Similar Populations
- St. Bernard, LA: less expensive homes
- Marienville, PA: less expensive homes
- Malakoff, TX: less expensive homes
- Kevil, KY: less expensive homes
- Otterbein, OH: higher priced homes
- Port Reading, NJ: higher priced homes
- Granby, MO: less expensive homes
- Golf Manor, OH: less expensive homes
- Ferrysburg, MI: higher priced homes
- Rolling Prairie, IN: equally priced homes
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