The Most Affordable Neighborhoods in Teller County, CO by Home Value

 

Teller County, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Teller County area can be challenging. Home prices in Teller County are now at a median cost of $359,482, lower than the Colorado average of $430,259.

The average cost of rent is $1,670/mo in Teller County, primarily driven by the current value of real estate in the Teller County area. While nearly 32.47% of residents own their homes outright in Teller County, 21.06% rent.

Housing affordability isn’t just about home prices, though. The average household income in Teller County is $5,852 per month. Households that rent pay about 28.54% of their income on rent here. Teller County's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the county.


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