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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 $686,662, higher than the Colorado average of $579,698.
The average cost of rent is $1,461/mo in Durango, primarily driven by the current value of real estate in the Durango area. In Durango, 35.38% of households rent, and 42.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Durango is $7,105 per month. Households that rent pay about 20.57% of their income on rent here. Durango’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Trimble, CO: higher priced homes
- Oxford, CO: less expensive homes
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- Marvel, CO: less expensive homes
- Ignacio, CO: less expensive homes
- Kline, CO: less expensive homes
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Cities with Similar Populations
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- Watertown Town, MA: higher priced homes
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- Sulphur, LA: less expensive homes
- Fair Lawn, NJ: less expensive homes
- Emeryville, CA: higher priced homes
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