As the allure of Colorado continues to draw in new residents, finding an affordable place to call home can be a challenging task. The state's stunning landscapes, outdoor recreational opportunities, and vibrant communities have contributed to rising home prices in many areas. In August 2023, the median listing home price in Denver, CO was $610K; however, for those looking for a balance between affordability and quality of life, there are still hidden gems scattered across the Centennial State. In this blog, we'll explore ten of the most affordable places to live in Colorado in 2023, based on median home prices.
1. La Junta: Median Home Price: $220,000
At the top of our list is La Junta. Situated on the expansive high plains of southeastern Colorado, about 60 miles east of Pueblo, La Junta stands as a testament to the intersection of history, agriculture, and community spirit. Surrounded by sweeping prairies and framed by the distant silhouette of the Rocky Mountains, La Junta offers a tranquil haven for both residents and visitors. The town holds a significant place in American history, serving as a vital trading post along the Santa Fe Trail during the 19th century. Echoes of this storied past reverberate through the town's architecture, with landmarks like the Koshare Indian Museum and Bent's Old Fort National Historic Site providing glimpses into a bygone era. La Junta's agricultural roots are deeply embedded in the region's fertile soils, fostering a robust farming community. With its expansive landscapes, historical resonance, and a palpable sense of community, La Junta is a captivating destination where the past and present seamlessly coexist.
2. Trinidad:
Median Home Price: $258,500
Trinidad, Colorado, is a captivating town with a rich tapestry of history, culture, and natural splendor. Known for its well-preserved Victorian architecture, the town exudes a timeless charm, inviting visitors to stroll through streets lined with historic buildings. Surrounded by the breathtaking landscape of the Rocky Mountains, including the iconic Spanish Peaks,
Trinidad is renowned for its role along the Santa Fe Trail. It offers outdoor enthusiasts a gateway to hiking, camping, and water activities at Trinidad Lake State Park. This vibrant community seamlessly blends its past with the present, creating a unique and welcoming atmosphere for those seeking a blend of history, natural beauty, and small-town charm.
3. Pueblo:
Median Home Price: $305,000
Located along the banks of the Arkansas River, Pueblo, Colorado, stands as a vibrant city that beautifully melds industrial history with a rich cultural tapestry. Known as the "Steel City" due to its historical association with steel production, Pueblo has evolved into a diverse community that takes pride in its heritage. The Historic Arkansas Riverwalk of Pueblo (HARP) offers a picturesque stroll along the river, adorned with charming shops and eateries. The city is home to the Pueblo Weisbrod Aircraft Museum, showcasing a fascinating collection of military aircraft, and the El Pueblo History Museum, providing insights into the region's multicultural history. Pueblo's annual Colorado State Fair draws visitors from far and wide, celebrating the city's agricultural roots and providing a lively atmosphere with rodeo events, concerts, and carnival attractions. With its scenic riverfront, cultural attractions, and a warm community spirit, Pueblo offers a unique blend of history, industry, and local flavor in the heart of southern Colorado.
4. Sterling: Median Home Price: $307,500
Sterling, Colorado, is a thriving community that embraces its agricultural heritage while fostering a dynamic and close-knit atmosphere. As the county seat of Logan County, Sterling is steeped in the traditions of the American West and showcases a landscape dominated by vast prairies. The city hosts the annual Logan County Fair, a highlight for residents and visitors alike, featuring rodeo events, carnival attractions, and agricultural showcases. Sterling is also home to Northeastern Junior College, contributing to the town's vibrant educational and cultural scene. With its friendly residents, commitment to agriculture, and a range of community events, Sterling stands as a quintessential representation of small-town Colorado life in the expansive plains region.
5. Fort Morgan: Median Home Price: $330,000
Nestled on the vast plains of northeastern Colorado, Fort Morgan stands as a resilient community that harmonizes agricultural heritage with modern vitality. Located along the South Platte River, Fort Morgan is an agricultural hub, surrounded by fields of crops that contribute to the region's economic prosperity. The city pays homage to its military and pioneer history through attractions like Fort Morgan Museum, where exhibits detail the area's past, from Native American settlements to the development of the railroad. Fort Morgan is also recognized for its diverse community, hosting cultural events and festivals that celebrate the traditions of its residents. The city's welcoming atmosphere and strong community spirit make Fort Morgan a quintessential representation of small-town Colorado, where the echoes of the past coexist seamlessly with the pulse of the present.
6. Canon City:
Median Home Price: $352,500
Cañon City, Colorado, is a picturesque town renowned for its captivating blend of natural wonders and historical significance. Positioned along the Arkansas River, Cañon City is surrounded by stunning landscapes, including the iconic Royal Gorge, a massive canyon that attracts visitors with its breathtaking suspension bridge and scenic railway. The town's historic downtown district reflects its rich past, with Victorian-era architecture and charming storefronts adding character to the community. Cañon City is often celebrated for its correctional facilities, including the Colorado Territorial Correctional Facility, contributing to its unique identity. Beyond its historical and correctional associations, the town offers outdoor enthusiasts a gateway to explore the surrounding wilderness, with opportunities for hiking, rock climbing, and river activities. With a perfect blend of history, natural beauty, and recreational opportunities, Cañon City invites exploration and promises an unforgettable experience in the heart of Colorado.
7. Greeley:
Median Home Price: $405,800
Greeley, Colorado, embodies a perfect blend of urban vibrancy and agricultural roots. Known for its strong ties to the cattle and farming industries, Greeley hosts the Greeley Stampede, one of the oldest and largest rodeos in the country, drawing visitors from far and wide. The city is home to the University of Northern Colorado, contributing to a dynamic cultural scene with performing arts, museums, and diverse culinary offerings. The Poudre River Trail and nearby Pawnee National Grassland offer outdoor enthusiasts ample opportunities for recreation, while the scenic beauty of the Rocky Mountains looms in the distance. Greeley takes pride in its rich history, evident in its well-preserved downtown historic district, charming neighborhoods, and the Centennial Village Museum, which showcases life in the region in the late 19th century. With a thriving community, a strong connection to its agricultural heritage, and a commitment to cultural diversity, Greeley stands as a dynamic and welcoming city in northern Colorado.
8. Grand Junction: Median Home Price: $449,900
Located on the western slopes of Colorado, Grand Junction is a vibrant city that serves as the gateway to the picturesque Colorado National Monument. Situated along the Colorado River, Grand Junction boasts a unique blend of outdoor adventure, cultural richness, and a burgeoning wine scene. The city is surrounded by the Grand Mesa, the world's largest flat-topped mountain, offering hiking, mountain biking, and skiing opportunities. Grand Junction's historic downtown is a charming blend of art galleries, boutique shops, and restaurants, while the nearby Palisade region is renowned for its vineyards and wineries. The annual Colorado Mountain Winefest attracts oenophiles from across the region. With its scenic beauty, outdoor recreation options, and a laid-back atmosphere, Grand Junction is a destination that captures the essence of Western Colorado's diverse and enchanting landscapes.
9. Colorado Springs: Median Home Price: $450,000
Colorado Springs, Colorado, is a city that seamlessly blends natural beauty with a vibrant urban community. Known for its breathtaking views, outdoor enthusiasts flock to the city for hiking, rock climbing, and exploring the Garden of the Gods, a geological marvel of towering sandstone formations. The United States Air Force Academy, with its iconic chapel, adds to the city's cultural and educational significance. Colorado Springs is also home to the Olympic Training Center, emphasizing its role in the world of sports. The historic and charming Old Colorado City, with its Victorian architecture and eclectic shops, provides a unique contrast to the modern developments of downtown. With a rich mix of outdoor adventures, cultural attractions, and a strong sense of community, Colorado Springs stands as a dynamic and picturesque destination in the heart of Colorado.
10. Fort Lupton:
Median Home Price: $460,000
Nestled in the plains of northern Colorado, Fort Lupton is a quaint town that cherishes its historical roots and tight-knit community spirit. Initially established as a trading post in the mid-19th century, the town's heritage is evident in its well-preserved architecture and landmarks, such as the Fort Lupton Historic Park. Agriculture plays a significant role in the local economy, and the vast fields surrounding the town showcase the region's farming traditions. The South Platte River, flowing nearby, adds a scenic touch to the landscape. Fort Lupton is a place where residents take pride in their history, working together to foster a welcoming atmosphere. With its small-town charm, connection to the past, and the surrounding natural beauty, Fort Lupton offers a peaceful and authentic Colorado experience.
In a state known for its soaring peaks and vibrant cities, these affordable gems offer an opportunity to experience the beauty of Colorado without breaking the bank. As you explore these cities, you'll discover unique communities that blend history, culture, and natural beauty, providing an ideal backdrop for a fulfilling life in the Centennial State.
