Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Severance area can be challenging. Home prices in Severance are now at a median cost of $463,923, higher than the Colorado average of $430,259.
The average cost of rent is $1,237/mo in Severance, primarily driven by the current value of real estate in the Severance area. While nearly 22.45% of residents own their homes outright in Severance, 6.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Severance is $8,703 per month. Households that rent pay about 14.22% of their income on rent here. Severance's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Windsor, CO: equally priced homes
- Timnath, CO: higher priced homes
- Lucerne, CO: equally priced homes
- Eaton, CO: less expensive homes
- Pierce, CO: equally priced homes
- Ault, CO: less expensive homes
- Greeley, CO: less expensive homes
- Fort Collins, CO: less expensive homes
- Rosedale, CO: equally priced homes
- Evans, CO: less expensive homes
Cities with Similar Populations
- Sarver, PA: less expensive homes
- Hawthorne, FL: less expensive homes
- Helendale, CA: less expensive homes
- Hewlett, NY: higher priced homes
- Heyburn, ID: less expensive homes
- Rossford, OH: less expensive homes
- Rougemont, NC: less expensive homes
- San Diego, TX: less expensive homes
- San Martin, CA: higher priced homes
- Sand Lake, MI: less expensive homes
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