The Most Affordable Neighborhoods in West Colorado Springs, Colorado Springs, CO by Home Value

 

West Colorado Springs, Colorado Springs, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the West Colorado Springs area can be challenging. Home prices in West Colorado Springs are now at a median cost of $307,797, lower than the Colorado Springs average of $358,551.

The average cost of rent is $1,112/mo in West Colorado Springs, primarily driven by the current value of real estate in the West Colorado Springs area. While nearly 33.70% of residents own their homes outright in West Colorado Springs, 51.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in West Colorado Springs is $4,607 per month. Households that rent pay about 24.14% of their income on rent here. West Colorado Springs's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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