The Most Affordable Neighborhoods in Durango, CO by Home Value

 

Durango, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Durango area can be challenging. Home prices in Durango are now at a median cost of $470,193, higher than the Colorado average of $430,259.

The average cost of rent is $1,277/mo in Durango, primarily driven by the current value of real estate in the Durango area. While nearly 38.00% of residents own their homes outright in Durango, 32.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Durango is $5,977 per month. Households that rent pay about 21.36% of their income on rent here. Durango's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.


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