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 $681,034, higher than the Colorado average of $430,259.

The average cost of rent is $1,538/mo in Steamboat Springs, primarily driven by the current value of real estate in the Steamboat Springs area. While nearly 37.37% of residents own their homes outright in Steamboat Springs, 24.95% rent.

Housing affordability isn’t just about home prices, though. The average household income in Steamboat Springs is $8,156 per month. Households that rent pay about 18.85% of their income on rent here. Steamboat Springs's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.


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