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Affordable
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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 $325,161, lower than the Colorado average of $579,698.
The average cost of rent is $1,125/mo in Fort Morgan, primarily driven by the current value of real estate in the Fort Morgan area. In Fort Morgan, 38.07% of households rent, and 38.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fort Morgan is $5,814 per month. Households that rent pay about 19.35% of their income on rent here. Fort Morgan’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: equally 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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