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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 $199,090, lower than the Colorado average of $579,698.
The average cost of rent is $1,691/mo in May Valley, primarily driven by the current value of real estate in the May Valley area. In May Valley, 17.75% of households rent, and 70.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in May Valley is $7,077 per month. Households that rent pay about 23.89% of their income on rent here. May Valley’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wiley, CO: equally priced homes
- Goodale, CO: less expensive homes
- McClave, CO: higher priced homes
- Bristol, CO: less expensive homes
- Hartman, CO: higher priced homes
- Cheraw, CO: equally priced homes
- Sugar City, CO: less expensive homes
- Ordway, CO: less expensive homes
- Crowley, CO: less expensive homes
- Lydia, KS: equally priced homes
Cities with Similar Populations
- Blue John, KY: less expensive homes
- Worth, NY: equally priced homes
- Woodstock, NH: higher priced homes
- Woods, OR: higher priced homes
- Woodrow, CO: higher priced homes
- Woodrow, AR: less expensive homes
- Woodland, WI: higher priced homes
- Wimberly, AL: less expensive homes
- Bushong, KS: less expensive homes
- Blue Ridge, MO: less expensive homes
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