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Affordable
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These days, finding an affordable place to live in the Granite area can be challenging. Home prices in Granite are now at a median cost of $626,680, higher than the Colorado average of $579,698.
The average cost of rent is $1,600/mo in Granite, primarily driven by the current value of real estate in the Granite area. In Granite, 9.21% of households rent, and 50.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Granite is $7,927 per month. Households that rent pay about 20.19% of their income on rent here. Granite’s most expensive areas are in the southern 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
- Twin Lakes, CO: less expensive homes
- Mount Massive Lakes, CO: less expensive homes
- Buena Vista, CO: equally priced homes
- Climax, CO: less expensive homes
- Johnson Village, CO: equally priced homes
- Leadville, CO: less expensive homes
- Stringtown, CO: less expensive homes
- Nathrop, CO: higher priced homes
- Fairplay, CO: less expensive homes
- Glentivar, CO: less expensive homes
Cities with Similar Populations
- Fenwick, MS: less expensive homes
- Fort Necessity, LA: less expensive homes
- Forestburg, SD: less expensive homes
- Weston, NY: less expensive homes
- Fontana Dam, NC: less expensive homes
- Folsom, NM: less expensive homes
- Folletts, IA: less expensive homes
- Flowertown, TN: less expensive homes
- Westport, IL: less expensive homes
- Wetaug, IL: less expensive homes
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