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These days, finding an affordable place to live in the Hesperus area can be challenging. Home prices in Hesperus are now at a median cost of $571,620, lower than the Colorado average of $579,698.
The average cost of rent is $1,256/mo in Hesperus, primarily driven by the current value of real estate in the Hesperus area. In Hesperus, 13.20% of households rent, and 41.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hesperus is $8,231 per month. Households that rent pay about 15.26% of their income on rent here. Hesperus’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kline, CO: less expensive homes
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Cities with Similar Populations
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- Greenbank, WA: higher priced homes
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- Hersman, IL: less expensive homes
- Kila, MT: higher priced homes
- New Creek, WV: less expensive homes
- Oakfield, WI: less expensive homes
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