The Most Affordable Neighborhoods in Steamboat Springs, CO by Home Value

 

Steamboat Springs, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Steamboat Springs area can be challenging. Home prices in Steamboat Springs are now at a median cost of $1,229,561, higher than the Colorado average of $579,698.

The average cost of rent is $2,261/mo in Steamboat Springs, primarily driven by the current value of real estate in the Steamboat Springs area. In Steamboat Springs, 27.70% of households rent, and 35.31% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Steamboat Springs is $9,855 per month. Households that rent pay about 22.94% of their income on rent here. Steamboat Springs’s most expensive areas are in the southwestern 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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