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Affordable
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These days, finding an affordable place to live in the Loma area can be challenging. Home prices in Loma are now at a median cost of $660,402, higher than the Colorado average of $579,698.
The average cost of rent is $1,664/mo in Loma, primarily driven by the current value of real estate in the Loma area. In Loma, 21.11% of households rent, and 32.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loma is $9,272 per month. Households that rent pay about 17.95% of their income on rent here. Loma’s most expensive areas are in the northern 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
- Gilsonite, CO: equally priced homes
- Mack, CO: less expensive homes
- Fruita, CO: less expensive homes
- Redlands, CO: less expensive homes
- Grand Junction, CO: less expensive homes
- Glade Park, CO: less expensive homes
- Fruitvale, CO: less expensive homes
- Orchard Mesa, CO: less expensive homes
- Clifton, CO: less expensive homes
- Palisade, CO: less expensive homes
Cities with Similar Populations
- Belmont, MS: less expensive homes
- Ogden, KS: less expensive homes
- Eton, GA: less expensive homes
- Eureka, KS: less expensive homes
- Frenchtown, MT: less expensive homes
- Green Lake, WI: less expensive homes
- Horseshoe Bend, AR: less expensive homes
- Long Ridge, SC: less expensive homes
- Manchester, ME: less expensive homes
- Nicholson, PA: less expensive homes
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