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Affordable
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These days, finding an affordable place to live in the Mountain Village area can be challenging. Home prices in Mountain Village are now at a median cost of $2,000,001, higher than the Colorado average of $579,698.
The average cost of rent is $1,324/mo in Mountain Village, primarily driven by the current value of real estate in the Mountain Village area. In Mountain Village, 75.07% of households rent, and 28.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mountain Village is $5,058 per month. Households that rent pay about 26.17% of their income on rent here. Mountain Village’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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