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These days, finding an affordable place to live in the Edgewater area can be challenging. Home prices in Edgewater are now at a median cost of $544,928, lower than the Colorado average of $579,698.
The average cost of rent is $1,632/mo in Edgewater, primarily driven by the current value of real estate in the Edgewater area. In Edgewater, 58.22% of households rent, and 22.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Edgewater is $7,081 per month. Households that rent pay about 23.04% of their income on rent here. Edgewater’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mountain View, CO: higher priced homes
- Wheat Ridge, CO: higher priced homes
- Lakewood, CO: equally priced homes
- Applewood, CO: higher priced homes
- Berkley, CO: less expensive homes
- West Pleasant View, CO: equally priced homes
- Arvada, CO: higher priced homes
- Denver, CO: higher priced homes
- North Washington, CO: higher priced homes
- Sheridan, CO: less expensive homes
Cities with Similar Populations
- Wallingford, CT: less expensive homes
- Burlington, IA: less expensive homes
- Calabasas, CA: higher priced homes
- Candler, NC: less expensive homes
- Carteret, NJ: less expensive homes
- Chelmsford, MA: higher priced homes
- Commack, NY: higher priced homes
- Duarte, CA: higher priced homes
- Dunnellon, FL: less expensive homes
- East Chicago, IN: less expensive homes
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