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These days, finding an affordable place to live in the Ouray area can be challenging. Home prices in Ouray are now at a median cost of $641,083, higher than the Colorado average of $579,698.
The average cost of rent is $1,543/mo in Ouray, primarily driven by the current value of real estate in the Ouray area. In Ouray, 20.33% of households rent, and 59.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ouray is $6,863 per month. Households that rent pay about 22.48% of their income on rent here. Ouray’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pandora, CO: higher priced homes
- Ridgway, CO: higher priced homes
- Ironton, CO: less expensive homes
- Telluride, CO: higher priced homes
- Mountain Village, CO: higher priced homes
- Placerville, CO: higher priced homes
- Sawpit, CO: higher priced homes
- Lake City, CO: less expensive homes
- Norwood, CO: less expensive homes
- Redvale, CO: less expensive homes
Cities with Similar Populations
- Bee Spring, KY: less expensive homes
- Wabun, VA: less expensive homes
- Caldwell, KS: less expensive homes
- Warne, NC: less expensive homes
- Bryant Pond, ME: less expensive homes
- Brownsville, WI: less expensive homes
- Wilbur, WA: less expensive homes
- Woodbranch, TX: less expensive homes
- Brandon, MN: less expensive homes
- Bogata, TX: less expensive homes
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