Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hotchkiss area can be challenging. Home prices in Hotchkiss are now at a median cost of $290,110, lower than the Colorado average of $430,259.
The average cost of rent is $1,059/mo in Hotchkiss, primarily driven by the current value of real estate in the Hotchkiss area. While nearly 59.87% of residents own their homes outright in Hotchkiss, 25.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hotchkiss is $4,358 per month. Households that rent pay about 24.29% of their income on rent here. Hotchkiss's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Lazear, CO: equally priced homes
- Rogers Mesa, CO: equally priced homes
- Paonia, CO: equally priced homes
- Crawford, CO: equally priced homes
- Cedaredge, CO: less expensive homes
- Eckert, CO: equally priced homes
- Orchard City, CO: equally priced homes
- Austin, CO: equally priced homes
- Cory, CO: higher priced homes
- Maher, CO: equally priced homes
Cities with Similar Populations
- Helmetta, NJ: less expensive homes
- Wallburg, NC: less expensive homes
- Keenesburg, CO: higher priced homes
- Winsted, MN: less expensive homes
- Andover, OH: less expensive homes
- Whitehall, WI: less expensive homes
- Waterloo, NE: higher priced homes
- New Bloomfield, MO: less expensive homes
- Waterflow, NM: less expensive homes
- Onaway, MI: less expensive homes
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