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Affordable
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These days, finding an affordable place to live in the Tobe area can be challenging. Home prices in Tobe are now at a median cost of $240,100, lower than the Colorado average of $579,698.
The average cost of rent is $768/mo in Tobe, primarily driven by the current value of real estate in the Tobe area. In Tobe, 34.30% of households rent, and 78.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tobe is $5,521 per month. Households that rent pay about 13.91% of their income on rent here. Tobe’s most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Branson, CO: equally priced homes
- Utleyville, CO: less expensive homes
- Trinchera, CO: equally priced homes
- Hoehne, CO: higher priced homes
- Trinidad, CO: equally priced homes
- Starkville, CO: higher priced homes
- Jansen, CO: higher priced homes
- Madrid, CO: equally priced homes
- Sopris, CO: higher priced homes
- Campo, CO: less expensive homes
Cities with Similar Populations
- Vinco, PA: less expensive homes
- Truman, PA: less expensive homes
- Tulip, AR: less expensive homes
- Twin Rocks, OR: higher priced homes
- Valley Wells, TX: less expensive homes
- Valmora, NM: less expensive homes
- Van Buren Bay, NY: less expensive homes
- Varna, NY: higher priced homes
- Verne, WY: less expensive homes
- Vershire Heights, VT: equally priced homes
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