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Affordable
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These days, finding an affordable place to live in the Frederick area can be challenging. Home prices in Frederick are now at a median cost of $571,756, lower than the Colorado average of $579,698.
The average cost of rent is $2,352/mo in Frederick, primarily driven by the current value of real estate in the Frederick area. In Frederick, 5.75% of households rent, and 20.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Frederick is $10,620 per month. Households that rent pay about 22.15% of their income on rent here. Frederick’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dacono, CO: less expensive homes
- Firestone, CO: equally priced homes
- Vollmar, CO: equally priced homes
- Erie, CO: higher priced homes
- Wattenberg, CO: higher priced homes
- Rinn, CO: higher priced homes
- Fort Lupton, CO: less expensive homes
- Mead, CO: higher priced homes
- Todd Creek, CO: higher priced homes
- Ione, CO: equally priced homes
Cities with Similar Populations
- Huffman, TX: less expensive homes
- Key Biscayne, FL: higher priced homes
- Kettering, MD: less expensive homes
- Kenmore, NY: less expensive homes
- Kearney, MO: less expensive homes
- Justice, IL: less expensive homes
- Jessup, MD: less expensive homes
- Jennings, LA: less expensive homes
- Irondale, AL: less expensive homes
- Huron, SD: less expensive homes
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