
Home Price Key
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 $490,502, higher than the Colorado average of $430,259.
The average cost of rent is $1,218/mo in Grand Lake, primarily driven by the current value of real estate in the Grand Lake area. While nearly 56.83% of residents own their homes outright in Grand Lake, 26.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grand Lake is $6,738 per month. Households that rent pay about 18.08% of their income on rent here. Grand Lake's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Granby, CO: less expensive homes
- Hot Sulphur Springs, CO: less expensive homes
- Tabernash, CO: equally priced homes
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- Rand, CO: less expensive homes
- Fraser, CO: less expensive homes
- Estes Park, CO: equally priced homes
- Ward, CO: less expensive homes
- Winter Park, CO: equally priced homes
- Loveland Heights, CO: higher priced homes
Cities with Similar Populations
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- New Berlin, PA: less expensive homes
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- Reams, VA: less expensive homes
- Rainbow, TX: less expensive homes
- Pleasantville, PA: less expensive homes
- Pinehill, NM: less expensive homes
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