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These days, finding an affordable place to live in the Lay area can be challenging. Home prices in Lay are now at a median cost of $295,662, lower than the Colorado average of $579,698.
The average cost of rent is $991/mo in Lay, primarily driven by the current value of real estate in the Lay area. In Lay, 14.84% of households rent, and 37.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lay is $4,683 per month. Households that rent pay about 21.16% of their income on rent here. Lay’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Craig South Highlands, CO: higher priced homes
- Craig, CO: equally priced homes
- Sunbeam, CO: less expensive homes
- Hamilton, CO: higher priced homes
- Pagoda, CO: higher priced homes
- Maybell, CO: less expensive homes
- Hayden, CO: higher priced homes
- Meeker, CO: higher priced homes
- Baggs, WY: less expensive homes
- Dixon, WY: less expensive homes
Cities with Similar Populations
- Nechanitz, TX: higher priced homes
- Niles, NY: less expensive homes
- Nicanor, NC: less expensive homes
- Newland, IN: less expensive homes
- New Boston, IN: less expensive homes
- Nemours, WV: less expensive homes
- Nelscott, OR: higher priced homes
- Neinda, TX: less expensive homes
- Needham, AR: less expensive homes
- Nineveh, PA: equally priced homes
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