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Affordable
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These days, finding an affordable place to live in the Ludlow area can be challenging. Home prices in Ludlow are now at a median cost of $245,766, lower than the Colorado average of $579,698.
The average cost of rent is $1,050/mo in Ludlow, primarily driven by the current value of real estate in the Ludlow area. In Ludlow, 16.53% of households rent, and 47.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ludlow is $5,688 per month. Households that rent pay about 18.46% of their income on rent here. Ludlow’s most expensive areas are in the eastern 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
- Aguilar, CO: less expensive homes
- Madrid, CO: equally priced homes
- Hoehne, CO: equally priced homes
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- Gulnare, CO: less expensive homes
- Tyrone, CO: equally priced homes
- Vigil, CO: higher priced homes
- La Veta, CO: higher priced homes
- Fort Garland, CO: equally priced homes
- Viejo San Acacio, CO: less expensive homes
Cities with Similar Populations
- Fairbanks, KY: less expensive homes
- Forest Grove, MT: less expensive homes
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- Farmers Valley, PA: less expensive homes
- Farmers Fork, VA: higher priced homes
- Fancy Prairie, IL: less expensive homes
- Fame, OK: less expensive homes
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