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These days, finding an affordable place to live in the East Colorado Springs area can be challenging. Home prices in East Colorado Springs are now at a median cost of $437,535, lower than the Colorado Springs average of $489,864.
The average cost of rent is $1,510/mo in East Colorado Springs, primarily driven by the current value of real estate in the East Colorado Springs area. In East Colorado Springs, 43.97% of households rent, and 33.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Colorado Springs is $6,056 per month. Households that rent pay about 24.93% of their income on rent here. East Colorado Springs’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Lowell, Colorado Springs, CO: equally priced homes
- Southeast Colorado Springs, Colorado Springs, CO: less expensive homes
- Northeast Colorado Springs, Colorado Springs, CO: equally priced homes
- Powers, Colorado Springs, CO: equally priced homes
- Central Colorado City, Colorado Springs, CO: equally priced homes
- West Colorado Springs, Colorado Springs, CO: equally priced homes
- Old Colorado City, Colorado Springs, CO: higher priced homes
- Stratmoor Hills, Stratmoor, CO: less expensive homes
- Northwest Colorado Springs, Colorado Springs, CO: higher priced homes
- Stetson Hills, Colorado Springs, CO: higher priced homes
Neighborhoods with Similar Populations
- Wheaton-Glenmont, Wheaton, MD: higher priced homes
- Downtown Jersey City, Jersey City, NJ: higher priced homes
- West, Raleigh, NC: equally priced homes
- West Side, Newark, NJ: equally priced homes
- Coral Way, Miami, FL: higher priced homes
- Dunning, Chicago, IL: less expensive homes
- Chicago Lawn, Chicago, IL: less expensive homes
- Dyker Heights, Brooklyn, NY: higher priced homes
- Central East Denver, Denver, CO: higher priced homes
- Eagle Rock, Los Angeles, CA: higher priced homes
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