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These days, finding an affordable place to live in the Longmont area can be challenging. Home prices in Longmont are now at a median cost of $622,138, higher than the Colorado average of $579,698.
The average cost of rent is $1,908/mo in Longmont, primarily driven by the current value of real estate in the Longmont area. In Longmont, 33.92% of households rent, and 30.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Longmont is $8,945 per month. Households that rent pay about 21.33% of their income on rent here. Longmont’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rinn, CO: higher priced homes
- Niwot, CO: higher priced homes
- Buda, CO: higher priced homes
- Mead, CO: equally priced homes
- Hygiene, CO: higher priced homes
- Gunbarrel, CO: higher priced homes
- Firestone, CO: less expensive homes
- Frederick, CO: equally priced homes
- Berthoud, CO: equally priced homes
- Erie, CO: higher priced homes
Cities with Similar Populations
- Tampa, FL: less expensive homes
- Turlock, CA: less expensive homes
- Tonawanda, NY: less expensive homes
- Tacoma, WA: less expensive homes
- Toms River, NJ: less expensive homes
- Torrance, CA: higher priced homes
- The Woodlands, TX: less expensive homes
- Tracy, CA: higher priced homes
- Syracuse, NY: less expensive homes
- Sylmar, CA: equally priced homes
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