Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hugo area can be challenging. Home prices in Hugo are now at a median cost of $151,627, lower than the Colorado average of $430,259.
The average cost of rent is $871/mo in Hugo, primarily driven by the current value of real estate in the Hugo area. While nearly 57.45% of residents own their homes outright in Hugo, 28.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hugo is $4,495 per month. Households that rent pay about 19.37% of their income on rent here. Hugo's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Genoa, CO: higher priced homes
- Limon, CO: higher priced homes
- Boyero, CO: higher priced homes
- Arriba, CO: higher priced homes
- Shaw, CO: higher priced homes
- Matheson, CO: higher priced homes
- Flagler, CO: higher priced homes
- Karval, CO: higher priced homes
- Wild Horse, CO: equally priced homes
- Simla, CO: higher priced homes
Cities with Similar Populations
- Ames, TX: less expensive homes
- Youngstown, PA: higher priced homes
- Yale, WA: higher priced homes
- Wyatt, IN: higher priced homes
- Woodlawn Park, KY: higher priced homes
- Winfield, TX: less expensive homes
- Williamsville, MI: higher priced homes
- Sugar Tree, TN: less expensive homes
- Cerrillos, NM: higher priced homes
- Bunch, OK: less expensive homes
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