The Most Affordable Neighborhoods in El Paso County, CO by Home Value

Home Price Key

These days, finding an affordable place to live in the El Paso County area can be challenging. Home prices in El Paso County are now at a median cost of $358,496, lower than the Colorado average of $430,259.

The average cost of rent is $1,552/mo in El Paso County, primarily driven by the current value of real estate in the El Paso County area. While nearly 28.17% of residents own their homes outright in El Paso County, 32.10% rent.

Housing affordability isn’t just about home prices, though. The average household income in El Paso County is $7,272 per month. Households that rent pay about 21.34% of their income on rent here. El Paso County's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the county.

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