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Affordable
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These days, finding an affordable place to live in the Timpas area can be challenging. Home prices in Timpas are now at a median cost of $255,626, lower than the Colorado average of $579,698.
The average cost of rent is $835/mo in Timpas, primarily driven by the current value of real estate in the Timpas area. In Timpas, 27.09% of households rent, and 57.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Timpas is $4,252 per month. Households that rent pay about 19.64% of their income on rent here. Timpas’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- La Junta, CO: less expensive homes
- La Junta Gardens, CO: equally priced homes
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- Fort Lyon, CO: less expensive homes
Cities with Similar Populations
- Duncan, IA: less expensive homes
- Tunerville, SD: less expensive homes
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- Trueblue, VA: higher priced homes
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- East Lake Francis Shores, MN: higher priced homes
- East Clayton, OH: less expensive homes
- Earlehurst, VA: less expensive homes
- Duvall, IL: less expensive homes
- Durham, OK: less expensive homes
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