Cheapest Places to Live in Colorado (2026)

Looking for the most affordable cities in Colorado? We ranked 16 Colorado cities by median home value. The cheapest is Pueblo (~$293,000); the Colorado median is $500,000.

Most affordable cities in Colorado

Ranked by median home value, lowest first:

#CityMedian home value$ / sq ft
1Pueblo$293,000$186
2Aurora$407,000$235
3Colorado Springs$437,000$220
4Grand Junction$455,500$277
5Thornton$489,000$244
6Westminster$512,500$267
7Lakewood$536,000$286
8Denver$550,000$367
9Longmont$577,000$277
10Fort Collins$577,000$280

Most expensive cities in Colorado

The priciest Colorado markets by median home value:

#CityMedian home value$ / sq ft
1Aspen$3,150,500$2305
2Boulder$984,000$614
3Highlands Ranch$683,000$273
4Centennial$617,500$283
5Littleton$603,000$286
6Arvada$597,000$280
7Fort Collins$577,000$280
8Longmont$577,000$277
9Denver$550,000$367
10Lakewood$536,000$286

How we rank Colorado cities

Rankings use the typical (median) home value for each city from public market data (Realtor.com & Zillow research). Affordability also depends on incomes, taxes, and cost of living — see each city page for local detail. Directional estimates, not appraisals.

Explore all Colorado home values, estimate any home with the Home Value Estimator, or see where your budget goes furthest nationwide.

Colorado affordability: FAQ

What is the cheapest place to live in Colorado? +
Based on median home value, Pueblo is among the most affordable cities in Colorado, with a typical home around $293,000 — well below the Colorado median of $500,000.
What is the most expensive city in Colorado? +
By median home value, Aspen is among the priciest in Colorado, with a typical home around $3,150,500.
Is Colorado an affordable place to live? +
The median home value in Colorado is about $500,000 (70% more expensive than the U.S. median of $294,000), but prices vary widely by city — from around $293,000 to $3,150,500.