Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Torres area can be challenging. Home prices in Torres are now at a median cost of $277,513, lower than the Colorado average of $579,698.
The average cost of rent is $837/mo in Torres, primarily driven by the current value of real estate in the Torres area. In Torres, 32.39% of households rent, and 42.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Torres is $6,803 per month. Households that rent pay about 12.31% of their income on rent here. Torres’s most expensive areas are in the southern 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
- Monte Vista, CO: less expensive homes
- Homelake, CO: higher priced homes
- Platoro, CO: higher priced homes
- Del Norte, CO: equally priced homes
- Center, CO: less expensive homes
- Summitville, CO: higher priced homes
- Hooper, CO: equally priced homes
- South Fork, CO: higher priced homes
- Mosca, CO: equally priced homes
- Spar City, CO: higher priced homes
Cities with Similar Populations
- Caney, TX: higher priced homes
- Whitaker, IL: higher priced homes
- Wet Glaize, MO: less expensive homes
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- Challenge, CA: higher priced homes
- Cecil-Bishop, PA: higher priced homes
- Cawker City, KS: less expensive homes
- Cavour, SD: less expensive homes
- Caswell Beach, NC: higher priced homes
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