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These days, finding an affordable place to live in the Westminster area can be challenging. Home prices in Westminster are now at a median cost of $525,575, lower than the Colorado average of $579,698.
The average cost of rent is $2,082/mo in Westminster, primarily driven by the current value of real estate in the Westminster area. In Westminster, 37.29% of households rent, and 30.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westminster is $8,565 per month. Households that rent pay about 24.30% of their income on rent here. Westminster’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Federal Heights, CO: less expensive homes
- Sherrelwood, CO: less expensive homes
- Broomfield, CO: higher priced homes
- Welby, CO: less expensive homes
- Northglenn, CO: equally priced homes
- Thornton, CO: less expensive homes
- Berkley, CO: less expensive homes
- Arvada, CO: higher priced homes
- North Washington, CO: higher priced homes
- Derby, CO: less expensive homes
Cities with Similar Populations
- Three Rivers, CA: equally priced homes
- Temecula, CA: higher priced homes
- Temperance, GA: less expensive homes
- Towner, ND: less expensive homes
- Thousand Oaks, CA: higher priced homes
- Terre Haute, IN: less expensive homes
- Tiplersville, MS: less expensive homes
- Temple, MI: less expensive homes
- Terre Haute, OH: less expensive homes
- Tilly, AR: less expensive homes
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