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Affordable
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These days, finding an affordable place to live in the Elizabeth area can be challenging. Home prices in Elizabeth are now at a median cost of $717,536, higher than the Colorado average of $579,698.
The average cost of rent is $2,274/mo in Elizabeth, primarily driven by the current value of real estate in the Elizabeth area. In Elizabeth, 3.11% of households rent, and 26.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elizabeth is $11,902 per month. Households that rent pay about 19.11% of their income on rent here. Elizabeth’s most expensive areas are in the southeastern 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
- Ponderosa Park, CO: equally priced homes
- Franktown, CO: higher priced homes
- The Pinery, CO: higher priced homes
- Kiowa, CO: less expensive homes
- Hilltop, CO: equally priced homes
- Parker, CO: equally priced homes
- Castle Rock, CO: equally priced homes
- Stonegate, CO: equally priced homes
- Foxfield, CO: higher priced homes
- Meridian, CO: less expensive homes
Cities with Similar Populations
- Gateway, FL: less expensive homes
- Stevensville, MD: less expensive homes
- Steger, IL: less expensive homes
- Statham, GA: less expensive homes
- Sierra Madre, CA: higher priced homes
- Glendale, WI: less expensive homes
- Gladstone, OR: less expensive homes
- Gladewater, TX: less expensive homes
- Gifford, FL: less expensive homes
- Stevensville, MI: less expensive homes
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