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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 $221,193, lower than the Colorado average of $579,698.
The average cost of rent is $934/mo in Monte Vista, primarily driven by the current value of real estate in the Monte Vista area. In Monte Vista, 34.52% of households rent, and 35.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monte Vista is $6,271 per month. Households that rent pay about 14.90% of their income on rent here. Monte Vista’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Platoro, CO: higher priced homes
- Torres, CO: higher priced homes
- Waverly, CO: higher priced homes
- Homelake, CO: higher priced homes
- Del Norte, CO: higher priced homes
- Alamosa, CO: higher priced homes
- Mosca, CO: higher priced homes
- South Fork, CO: higher priced homes
- Blanca, CO: less expensive homes
- Fort Garland, CO: higher priced homes
Cities with Similar Populations
- Kermit, TX: less expensive homes
- Reinholds, PA: higher priced homes
- Redwood Valley, CA: higher priced homes
- Redwood Falls, MN: less expensive homes
- Red Bud, IL: less expensive homes
- Kunkletown, PA: higher priced homes
- Kirtland, NM: less expensive homes
- Kingston, GA: equally priced homes
- Keyes, CA: higher priced homes
- Reminderville, OH: higher priced homes
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