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These days, finding an affordable place to live in the Spanish Village area can be challenging. Home prices in Spanish Village are now at a median cost of $537,736, lower than the Colorado average of $579,698.
The average cost of rent is $1,156/mo in Spanish Village, primarily driven by the current value of real estate in the Spanish Village area. In Spanish Village, 23.56% of households rent, and 47.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spanish Village is $7,425 per month. Households that rent pay about 15.58% of their income on rent here. Spanish Village’s most expensive areas are in the northeastern 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
- Kersey, CO: equally priced homes
- Gill, CO: equally priced homes
- La Salle, CO: less expensive homes
- Garden City, CO: less expensive homes
- Rosedale, CO: higher priced homes
- Evans, CO: less expensive homes
- Greeley, CO: less expensive homes
- Peckham, CO: less expensive homes
- Galeton, CO: equally priced homes
- Gilcrest, CO: less expensive homes
Cities with Similar Populations
- Newland, VA: less expensive homes
- Primus, SC: less expensive homes
- Portland, OH: less expensive homes
- Pointer, KY: less expensive homes
- Pastoria, VA: less expensive homes
- Orderville, UT: less expensive homes
- Orangeville, OH: less expensive homes
- Opine, AL: less expensive homes
- Okete, MO: less expensive homes
- Odell, NE: less expensive homes
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