Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Powers area can be challenging. Home prices in Powers are now at a median cost of $408,117, lower than the Colorado Springs average of $489,864.
The average cost of rent is $1,871/mo in Powers, primarily driven by the current value of real estate in the Powers area. In Powers, 36.64% of households rent, and 26.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Powers is $7,658 per month. Households that rent pay about 24.43% of their income on rent here. Powers’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Stetson Hills, Colorado Springs, CO: higher priced homes
- East Colorado Springs, Colorado Springs, CO: equally priced homes
- Northeast Colorado Springs, Colorado Springs, CO: equally priced homes
- Fairfax, Colorado Springs, CO: higher priced homes
- Lowell, Colorado Springs, CO: equally priced homes
- Southeast Colorado Springs, Colorado Springs, CO: less expensive homes
- Briargate, Colorado Springs, CO: higher priced homes
- West Colorado Springs, Colorado Springs, CO: equally priced homes
- Central Colorado City, Colorado Springs, CO: higher priced homes
- Northwest Colorado Springs, Colorado Springs, CO: higher priced homes
Neighborhoods with Similar Populations
- Northwest, El Paso, TX: less expensive homes
- Far North Dallas, Dallas, TX: higher priced homes
- Wakefield-Williamsbridge, Bronx, NY: higher priced homes
- East Brooklyn, Brooklyn, NY: higher priced homes
- East Arlington, Arlington, TX: less expensive homes
- Deer Valley, Phoenix, AZ: higher priced homes
- Corona, Queens, NY: higher priced homes
- Central, El Paso, TX: less expensive homes
- Canarsie, Brooklyn, NY: higher priced homes
- South Los Angeles, Los Angeles, CA: higher priced homes
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