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Affordable
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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 $254,418, lower than the Colorado average of $579,698.
The average cost of rent is $908/mo in Hugo, primarily driven by the current value of real estate in the Hugo area. In Hugo, 26.36% of households rent, and 39.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hugo is $4,358 per month. Households that rent pay about 20.84% of their income on rent here. Hugo’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Genoa, CO: equally priced homes
- Limon, CO: equally priced homes
- Boyero, CO: equally priced homes
- Arriba, CO: equally priced homes
- Shaw, CO: equally priced homes
- Matheson, CO: higher priced homes
- Flagler, CO: equally priced homes
- Karval, CO: equally priced homes
- Wild Horse, CO: less expensive homes
- Simla, CO: higher priced homes
Cities with Similar Populations
- Ames, TX: equally priced homes
- Youngstown, PA: less expensive homes
- Yale, WA: higher priced homes
- Wyatt, IN: equally priced homes
- Woodlawn Park, KY: higher priced homes
- Winfield, TX: less expensive homes
- Williamsville, MI: equally priced homes
- Sugar Tree, TN: less expensive homes
- Cerrillos, NM: higher priced homes
- Bunch, OK: less expensive homes
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