Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Welby area can be challenging. Home prices in Welby are now at a median cost of $256,314, lower than the Colorado average of $430,259.
The average cost of rent is $1,491/mo in Welby, primarily driven by the current value of real estate in the Welby area. While nearly 33.30% of residents own their homes outright in Welby, 26.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Welby is $6,097 per month. Households that rent pay about 24.46% of their income on rent here. Welby's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Sherrelwood, CO: higher priced homes
- Derby, CO: equally priced homes
- North Washington, CO: higher priced homes
- Federal Heights, CO: less expensive homes
- Thornton, CO: higher priced homes
- Northglenn, CO: higher priced homes
- Westminster, CO: higher priced homes
- Berkley, CO: higher priced homes
- Henderson, CO: higher priced homes
- Mountain View, CO: higher priced homes
Cities with Similar Populations
- Burley, ID: less expensive homes
- Vermilion, OH: less expensive homes
- Verona, NJ: higher priced homes
- Vidalia, GA: less expensive homes
- Adelphi, MD: higher priced homes
- West Haven, UT: higher priced homes
- Carmel, NY: higher priced homes
- Cape May Court House, NJ: equally priced homes
- Canton, NC: less expensive homes
- Camby, IN: less expensive homes
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