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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 $499,274, higher than the North Carolina average of $323,314.
The average cost of rent is $1,322/mo in Denver, primarily driven by the current value of real estate in the Denver area. In Denver, 15.05% of households rent, and 30.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Denver is $10,017 per month. Households that rent pay about 13.19% of their income on rent here. Denver’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Machpelah, NC: less expensive homes
- Lake Norman of Catawba, NC: equally priced homes
- Iron Station, NC: less expensive homes
- Terrell, NC: equally priced homes
- Sherrills Ford, NC: less expensive homes
- Cornelius, NC: higher priced homes
- Alexis, NC: less expensive homes
- Longisland, NC: less expensive homes
- Maiden, NC: less expensive homes
- Mooresville, NC: equally priced homes
Cities with Similar Populations
- Olney, MD: higher priced homes
- Mandan, ND: less expensive homes
- Medford, NY: equally priced homes
- Mokena, IL: less expensive homes
- Montrose Heights, VA: less expensive homes
- Mount Holly, NC: less expensive homes
- Mount Vernon, OH: less expensive homes
- Mountain Home, AR: less expensive homes
- Naranjito, PR: less expensive homes
- New Castle, IN: less expensive homes
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