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These days, finding an affordable place to live in the Southwest Colorado Springs area can be challenging. Home prices in Southwest Colorado Springs are now at a median cost of $564,780, higher than the Colorado Springs average of $358,551.
The average cost of rent is $2,051/mo in Southwest Colorado Springs, primarily driven by the current value of real estate in the Southwest Colorado Springs area. While nearly 34.38% of residents own their homes outright in Southwest Colorado Springs, 19.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Southwest Colorado Springs is $11,869 per month. Households that rent pay about 17.28% of their income on rent here. Southwest Colorado Springs's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Stratmoor Hills, Stratmoor, CO: less expensive homes
- Southeast Colorado Springs, Colorado Springs, CO: less expensive homes
- Central Colorado City, Colorado Springs, CO: less expensive homes
- Old Colorado City, Colorado Springs, CO: less expensive homes
- Lowell, Colorado Springs, CO: less expensive homes
- Security, Security-Widefield, CO: less expensive homes
- East Colorado Springs, Colorado Springs, CO: less expensive homes
- West Colorado Springs, Colorado Springs, CO: less expensive homes
- Widefield, Security-Widefield, CO: less expensive homes
- Powers, Colorado Springs, CO: less expensive homes
Neighborhoods with Similar Populations
- Claytown, Detroit, MI: less expensive homes
- Fairlington-Shirlington, Arlington, VA: less expensive homes
- Adamsville, Atlanta, GA: less expensive homes
- Lauderdale Lakes West Gate, Lauderdale Lakes, FL: less expensive homes
- Jordan, Minneapolis, MN: less expensive homes
- Greater Gardendale, San Antonio, TX: less expensive homes
- Drake, Des Moines, IA: less expensive homes
- Contempo, Union City, CA: higher priced homes
- College Point, Queens, NY: higher priced homes
- Buckman, Portland, OR: equally priced homes
All Local Stats
Home Services
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