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These days, finding an affordable place to live in the Red Cliff area can be challenging. Home prices in Red Cliff are now at a median cost of $1,038,500, higher than the Colorado average of $579,698.
The average cost of rent is $1,911/mo in Red Cliff, primarily driven by the current value of real estate in the Red Cliff area. In Red Cliff, 24.78% of households rent, and 38.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red Cliff is $8,438 per month. Households that rent pay about 22.65% of their income on rent here. Red Cliff’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Minturn, CO: equally priced homes
- West Vail, CO: higher priced homes
- Vail, CO: higher priced homes
- Avon, CO: equally priced homes
- Frisco, CO: equally priced homes
- Edwards, CO: less expensive homes
- Leadville North, CO: less expensive homes
- Breckenridge, CO: less expensive homes
- Silverthorne, CO: less expensive homes
- Leadville, CO: less expensive homes
Cities with Similar Populations
- Passaconaway, NH: less expensive homes
- Osterdock, IA: less expensive homes
- Otsego, OH: less expensive homes
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- Otto, IL: less expensive homes
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- Overcup, AR: less expensive homes
- Overstreet, FL: less expensive homes
- Oxford, TX: less expensive homes
- Page, ND: less expensive homes
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