Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ridgway area can be challenging. Home prices in Ridgway are now at a median cost of $583,340, higher than the Colorado average of $430,259.
The average cost of rent is $1,427/mo in Ridgway, primarily driven by the current value of real estate in the Ridgway area. While nearly 50.48% of residents own their homes outright in Ridgway, 22.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ridgway is $5,843 per month. Households that rent pay about 24.42% of their income on rent here. Ridgway's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Ouray, CO: less expensive homes
- Placerville, CO: higher priced homes
- Lake City, CO: less expensive homes
- Norwood, CO: less expensive homes
- Powderhorn, CO: less expensive homes
- Redvale, CO: less expensive homes
- Nucla, CO: less expensive homes
- Naturita, CO: less expensive homes
- Vancorum, CO: less expensive homes
- Saguache, CO: less expensive homes
Cities with Similar Populations
- Danielsville, PA: less expensive homes
- Luck, WI: less expensive homes
- Linn, MO: less expensive homes
- Limerick, ME: less expensive homes
- Jamestown, MI: less expensive homes
- Holton, MI: less expensive homes
- St. Michaels, MD: equally priced homes
- Elmira, OR: less expensive homes
- East Newark, NJ: less expensive homes
- Decatur, AR: less expensive homes
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