The Most Affordable Neighborhoods in Palisade, CO by Home Value

 

Palisade, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Palisade area can be challenging. Home prices in Palisade are now at a median cost of $311,951, lower than the Colorado average of $430,259.

The average cost of rent is $918/mo in Palisade, primarily driven by the current value of real estate in the Palisade area. While nearly 42.04% of residents own their homes outright in Palisade, 20.83% rent.

Housing affordability isn’t just about home prices, though. The average household income in Palisade is $5,575 per month. Households that rent pay about 16.47% of their income on rent here. Palisade's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.


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