Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Morrison area can be challenging. Home prices in Morrison are now at a median cost of $761,012, higher than the Colorado average of $430,259.
The average cost of rent is $1,998/mo in Morrison, primarily driven by the current value of real estate in the Morrison area. While nearly 33.31% of residents own their homes outright in Morrison, 6.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morrison is $12,792 per month. Households that rent pay about 15.62% of their income on rent here. Morrison's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Indian Hills, CO: less expensive homes
- Dakota Ridge, CO: less expensive homes
- Idledale, CO: equally priced homes
- Ken Caryl, CO: less expensive homes
- Kittredge, CO: less expensive homes
- Columbine, CO: less expensive homes
- Conifer, CO: less expensive homes
- Evergreen, CO: less expensive homes
- Bow Mar, CO: equally priced homes
- Lakewood, CO: less expensive homes
Cities with Similar Populations
- Seward, NE: less expensive homes
- Howard City, MI: less expensive homes
- Santa Clara, UT: less expensive homes
- Satsuma, AL: less expensive homes
- Savannah, MO: less expensive homes
- Schuyler, NE: less expensive homes
- Scotia, NY: less expensive homes
- Scottdale, PA: less expensive homes
- Scottsburg, IN: less expensive homes
- Selmer, TN: less expensive homes
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