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Montezuma County Housing Market

Colorado · 64 counties · Ranked #2681 in home value

Above National Avg

Housing at a Glance

Median Home Value

$308,100

vs national+$308,100 vs $281,900 national

Median Gross Rent

$974/mo

vs national$974 vs $1,163 national

Effective Tax Rate

0.30%

vs national0.30% vs 1.02% national

Median Household Income

$63,005

vs national$63,005 vs $74,755 national

Affordability Ratio

4.9x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

32.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$915

Tax as % of Home Value

0.30%

Monthly Owner Cost

$907

Renter Income

$38,287

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Frequently Asked Questions

What is the median home value in Montezuma County?

The median home value in Montezuma County is $308,100. This is above the national median of $281,900.

How much is rent in Montezuma County?

The median gross rent in Montezuma County is $974 per month.

What is the property tax rate in Montezuma County?

The effective property tax rate in Montezuma County is 0.30%. The median annual property tax bill is $915.

Is Montezuma County affordable?

With a home-value-to-income ratio of 4.9x, Montezuma County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.