The Most Affordable Neighborhoods in May Valley, CO by Home Value

 

May Valley, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the May Valley area can be challenging. Home prices in May Valley are now at a median cost of $186,131, lower than the Colorado average of $430,259.

The average cost of rent is $704/mo in May Valley, primarily driven by the current value of real estate in the May Valley area. While nearly 51.89% of residents own their homes outright in May Valley, 14.52% rent.

Housing affordability isn’t just about home prices, though. The average household income in May Valley is $6,424 per month. Households that rent pay about 10.95% of their income on rent here. May Valley's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.


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