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These days, finding an affordable place to live in the Grand Lake area can be challenging. Home prices in Grand Lake are now at a median cost of $661,394, higher than the Colorado average of $579,698.
The average cost of rent is $1,176/mo in Grand Lake, primarily driven by the current value of real estate in the Grand Lake area. In Grand Lake, 22.35% of households rent, and 44.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand Lake is $8,004 per month. Households that rent pay about 14.69% of their income on rent here. Grand Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Granby, CO: equally priced homes
- Hot Sulphur Springs, CO: less expensive homes
- Tabernash, CO: higher priced homes
- Allenspark, CO: higher priced homes
- Rand, CO: less expensive homes
- Fraser, CO: equally priced homes
- Estes Park, CO: equally priced homes
- Ward, CO: equally priced homes
- Winter Park, CO: equally priced homes
- Loveland Heights, CO: higher priced homes
Cities with Similar Populations
- Campania, GA: less expensive homes
- New Berlin, PA: less expensive homes
- Seal Rock, OR: less expensive homes
- Sardis, OH: less expensive homes
- Rome, PA: less expensive homes
- Richburg, SC: less expensive homes
- Reams, VA: less expensive homes
- Rainbow, TX: less expensive homes
- Pleasantville, PA: less expensive homes
- Pinehill, NM: less expensive homes
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