Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grand Junction area can be challenging. Home prices in Grand Junction are now at a median cost of $268,197, lower than the Colorado average of $430,259.
The average cost of rent is $1,138/mo in Grand Junction, primarily driven by the current value of real estate in the Grand Junction area. While nearly 35.02% of residents own their homes outright in Grand Junction, 37.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grand Junction is $5,193 per month. Households that rent pay about 21.92% of their income on rent here. Grand Junction's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Orchard Mesa, CO: equally priced homes
- Fruitvale, CO: less expensive homes
- Redlands, CO: higher priced homes
- Clifton, CO: less expensive homes
- Palisade, CO: higher priced homes
- Fruita, CO: higher priced homes
- Whitewater, CO: higher priced homes
- Gilsonite, CO: higher priced homes
- Glade Park, CO: higher priced homes
- Loma, CO: higher priced homes
Cities with Similar Populations
- Mount Pleasant, SC: higher priced homes
- Evansville, IN: less expensive homes
- Florissant, MO: less expensive homes
- Flower Mound, TX: higher priced homes
- Fort Pierce, FL: less expensive homes
- Fall River, MA: equally priced homes
- Fort Mill, SC: higher priced homes
- Euless, TX: equally priced homes
- Fontana, CA: higher priced homes
- Folsom, CA: higher priced homes
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