Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Model area can be challenging. Home prices in Model are now at a median cost of $143,961, lower than the Colorado average of $430,259.
The average cost of rent is $850/mo in Model, primarily driven by the current value of real estate in the Model area. While nearly 51.79% of residents own their homes outright in Model, 23.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Model is $4,577 per month. Households that rent pay about 18.58% of their income on rent here. Model's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Toonerville, CO: higher priced homes
- Lascar, CO: higher priced homes
- Walsenburg, CO: equally priced homes
- Farisita, CO: higher priced homes
- Gardner, CO: higher priced homes
- Red Wing, CO: higher priced homes
- Mosca, CO: higher priced homes
- Hooper, CO: higher priced homes
- Center, CO: less expensive homes
- La Garita, CO: higher priced homes
Cities with Similar Populations
- Onaka, SD: less expensive homes
- Noyo, CA: higher priced homes
- Number Four, NY: higher priced homes
- Number Nine, AR: higher priced homes
- Oak Forest, PA: equally priced homes
- Oak Park, PA: higher priced homes
- Oak Springs, AZ: less expensive homes
- Oak Terrace, FL: less expensive homes
- Oakwood, IA: less expensive homes
- Oil Center, NM: less expensive homes
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