Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fort Morgan area can be challenging. Home prices in Fort Morgan are now at a median cost of $229,742, lower than the Colorado average of $430,259.
The average cost of rent is $852/mo in Fort Morgan, primarily driven by the current value of real estate in the Fort Morgan area. While nearly 45.46% of residents own their homes outright in Fort Morgan, 41.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fort Morgan is $4,843 per month. Households that rent pay about 17.59% of their income on rent here. Fort Morgan's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Log Lane Village, CO: higher priced homes
- Brush, CO: equally priced homes
- Weldona, CO: higher priced homes
- Snyder, CO: higher priced homes
- Wiggins, CO: higher priced homes
- Hillrose, CO: equally priced homes
- Ninemile Corner, CO: higher priced homes
- Orchard, CO: higher priced homes
- Union, CO: higher priced homes
- Messex, CO: higher priced homes
Cities with Similar Populations
- Loomis, CA: higher priced homes
- Rifle, CO: higher priced homes
- Ridgeland, SC: less expensive homes
- Reedsburg, WI: less expensive homes
- Marinette, WI: less expensive homes
- Malibu, CA: higher priced homes
- Madisonville, TN: less expensive homes
- Lynnfield, MA: higher priced homes
- Lyndhurst, OH: less expensive homes
- Lyman, SC: less expensive homes
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