
Home Price Key
These days, finding an affordable place to live in the Powderhorn area can be challenging. Home prices in Powderhorn are now at a median cost of $393,200, lower than the Colorado average of $430,259.
The average cost of rent is $1,528/mo in Powderhorn, primarily driven by the current value of real estate in the Powderhorn area. While nearly 41.96% of residents own their homes outright in Powderhorn, 16.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Powderhorn is $5,417 per month. Households that rent pay about 28.21% of their income on rent here. Powderhorn's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Cimarron, CO: higher priced homes
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