Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Prospect Heights area can be challenging. Home prices in Prospect Heights are now at a median cost of $374,723, lower than the Colorado average of $430,259.
The average cost of rent is $900/mo in Prospect Heights, primarily driven by the current value of real estate in the Prospect Heights area. While nearly 48.78% of residents own their homes outright in Prospect Heights, 6.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Prospect Heights is $6,872 per month. Households that rent pay about 13.10% of their income on rent here. Prospect Heights's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
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