Home Price Key
Affordable
Average
Expensive
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 $233,756, lower than the Colorado average of $430,259.
The average cost of rent is $683/mo in Torres, primarily driven by the current value of real estate in the Torres area. While nearly 40.83% of residents own their homes outright in Torres, 31.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Torres is $5,176 per month. Households that rent pay about 13.20% of their income on rent here. Torres's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Monte Vista, CO: less expensive homes
- Homelake, CO: higher priced homes
- Platoro, CO: equally priced homes
- Del Norte, CO: less expensive homes
- Center, CO: less expensive homes
- Summitville, CO: less expensive homes
- Hooper, CO: less expensive homes
- South Fork, CO: equally priced homes
- Mosca, CO: less expensive 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
- Cherry Valley, OH: less expensive homes
- Chenoa, KY: less expensive homes
- Challenge, CA: equally priced homes
- Cecil-Bishop, PA: equally priced homes
- Cawker City, KS: less expensive homes
- Cavour, SD: less expensive homes
- Caswell Beach, NC: higher priced homes
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