The Most Affordable Neighborhoods in Shamballah-Ashrama, CO by Home Value

 

Shamballah-Ashrama, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shamballah-Ashrama area can be challenging. Home prices in Shamballah-Ashrama are now at a median cost of $785,544, higher than the Colorado average of $579,698.

The average cost of rent is $2,817/mo in Shamballah-Ashrama, primarily driven by the current value of real estate in the Shamballah-Ashrama area. In Shamballah-Ashrama, 12.12% of households rent, and 39.50% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Shamballah-Ashrama is $13,420 per month. Households that rent pay about 20.99% of their income on rent here. Shamballah-Ashrama’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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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