The Most Affordable Neighborhoods in Elbert County, CO by Home Value

 

Elbert County, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Elbert County area can be challenging. Home prices in Elbert County are now at a median cost of $542,391, higher than the Colorado average of $430,259.

The average cost of rent is $1,580/mo in Elbert County, primarily driven by the current value of real estate in the Elbert County area. While nearly 27.26% of residents own their homes outright in Elbert County, 7.27% rent.

Housing affordability isn’t just about home prices, though. The average household income in Elbert County is $9,814 per month. Households that rent pay about 16.10% of their income on rent here. Elbert County's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the county.


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