Home prices in Metro Denver are soaring, the greatest growth since 2013. If you are looking for a reasonably priced home and don’t mind the commute, Rental Management Company in Denver CO, suggest you look for cities outside of Metro Denver. Listed below are affordable cities you can choose from.
Frederick
Closing Costs: $3,947
Annual Property Tax: $1,456
Annual Homeowner’s Insurance: $1,168
Avg. Annual Mortgage Payment: $10,738
Median Income: $79,375
Firestone
Closing Costs: $4,241
Annual Property Tax: $1,606
Annual Homeowner’s Insurance: $1,288
Avg. Annual Mortgage Payment: $11,856
Median Income: $81,987
Fort Lupton
Closing Costs: $3,064
Annual Property Tax: $996
Annual Homeowner’s Insurance: $798
Avg. Annual Mortgage Payment: $7,342
Median Income: $50,774
Fort Morgan
Closing Costs: $2,786
Annual Property Tax: $852
Annual Homeowner’s Insurance: $681
Avg. Annual Mortgage Payment: $6,278
Median Income: $42,733
Johnston
Closing Costs: $3,951
Annual Property Tax: $1,458
Annual Homeowner’s Insurance: $1,169
Avg. Annual Mortgage Payment: $10,742
Median Income: $72,653
La Junta
Closing Costs: $2,428
Annual Property Tax: $510
Annual Homeowner’s Insurance: $484
Avg. Annual Mortgage Payment: $4,447
Median Income: $31,733
Lamar
Closing Costs: $2,427
Annual Property Tax: $505
Annual Homeowner’s Insurance: $438
Avg. Annual Mortgage Payment: $4,015
Median Income: $30,551
Milliken
Closing Costs: $3,326
Annual Property Tax: $1,134
Annual Homeowner’s Insurance: $909
Avg. Annual Mortgage Payment: $8,373
Median Income: $68,228
Sterling
Closing Costs: $2,428
Annual Property Tax: $643
Annual Homeowner’s Insurance: $523
Avg. Annual Mortgage Payment: $4,851
Income: $36,571
Wellington
Closing Costs: $3,646
Annual Property Tax: $1,314
Annual Homeowner’s Insurance: $1,044
Avg. Annual Mortgage Payment: $9,690
Median Income: $68,831
Source: www.bizjournals.com