The Most Affordable Neighborhoods in Mount Crested Butte, CO by Home Value

 

Mount Crested Butte, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mount Crested Butte area can be challenging. Home prices in Mount Crested Butte are now at a median cost of $866,900, higher than the Colorado average of $579,698.

The average cost of rent is $1,375/mo in Mount Crested Butte, primarily driven by the current value of real estate in the Mount Crested Butte area. In Mount Crested Butte, 24.98% of households rent, and 33.21% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mount Crested Butte is $7,270 per month. Households that rent pay about 18.91% of their income on rent here. Mount Crested Butte’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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