The Most Affordable Neighborhoods in Monte Vista, CO by Home Value

 

Monte Vista, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Monte Vista area can be challenging. Home prices in Monte Vista are now at a median cost of $153,384, lower than the Colorado average of $430,259.

The average cost of rent is $541/mo in Monte Vista, primarily driven by the current value of real estate in the Monte Vista area. While nearly 45.00% of residents own their homes outright in Monte Vista, 32.66% rent.

Housing affordability isn’t just about home prices, though. The average household income in Monte Vista is $5,013 per month. Households that rent pay about 10.78% of their income on rent here. Monte Vista'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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