The Most Affordable Neighborhoods in Rangely, CO by Home Value

These days, finding an affordable place to live in the Rangely area can be challenging. Home prices in Rangely are now at a median cost of $209,116, lower than the Colorado average of $579,698.

The average cost of rent is $734/mo in Rangely, primarily driven by the current value of real estate in the Rangely area. In Rangely, 24.40% of households rent, and 46.09% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Rangely is $5,837 per month. Households that rent pay about 12.57% of their income on rent here. Rangely’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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