Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Homelake area can be challenging. Home prices in Homelake are now at a median cost of $259,924, lower than the Colorado average of $430,259.
The average cost of rent is $707/mo in Homelake, primarily driven by the current value of real estate in the Homelake area. While nearly 50.80% of residents own their homes outright in Homelake, 31.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Homelake is $5,136 per month. Households that rent pay about 13.76% of their income on rent here. Homelake's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Del Norte, CO: less expensive homes
- Torres, CO: less expensive homes
- Platoro, CO: equally priced homes
- Monte Vista, CO: less expensive homes
- South Fork, CO: equally priced homes
- Waverly, CO: less expensive homes
- Alamosa, CO: less expensive homes
- Mosca, CO: less expensive homes
- Spar City, CO: higher priced homes
- Blanca, CO: less expensive homes
Cities with Similar Populations
- Snell, MS: less expensive homes
- Lassellsville, NY: less expensive homes
- Leach, TN: less expensive homes
- Leadpoint, WA: less expensive homes
- Leander, LA: less expensive homes
- Ledyard, NY: less expensive homes
- Lone Grove, TX: less expensive homes
- Slaughter Beach, DE: higher priced homes
- Smyrna, OH: less expensive homes
- Snedekerville, PA: less expensive homes
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