
Home Price Key
These days, finding an affordable place to live in the Platoro area can be challenging. Home prices in Platoro are now at a median cost of $250,793, lower than the Colorado average of $430,259.
The average cost of rent is $840/mo in Platoro, primarily driven by the current value of real estate in the Platoro area. While nearly 40.59% of residents own their homes outright in Platoro, 26.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Platoro is $5,881 per month. Households that rent pay about 14.28% of their income on rent here. Platoro's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Monte Vista, CO: less expensive homes
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- Mosca, CO: less expensive homes
- South Fork, CO: equally priced homes
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Cities with Similar Populations
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- Coaldale, CO: higher priced homes
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- Copeland, GA: less expensive homes
- Cottage Hill, FL: less expensive homes
- Thornburg, AR: less expensive homes
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