homesbycounty

Housing decision brief

Prowers County, CO Housing Market

Prowers County screens as a below-state purchase price, below-state rent, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.

6th lowest home value out of 64 Colorado counties with data | 5th lowest rent out of 64

Median home value

$150,900

Purchase-price signal from Census ACS.

Median rent

$741/mo

Gross rent, including utilities where reported.

Monthly owner cost

$754/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

2.6x

Median home value divided by local household income.

Rent burden

32.0%

At or above the 30% burden threshold.

Rent vs own

$13/mo

Median rent screens below owner cost.

Data confidence

1 note

Crime coverage is partial, so safety comparisons need source context.

What Works

Lower purchase price

$150,900 median home value is 58% below Colorado county median

Lower rent

$741/mo is 33% below Colorado county median

What to Check

Lower income base

$57,601 median income is 19% below Colorado county median

Tax rate needs attention

0.33% effective property-tax rate is No Colorado county median comparison available

Water quality cross-check

Water quality grade is F. Review water data before treating housing cost as the full story.

Health context

Health score is 29.3 out of 100, so affordability should be weighed against local health indicators.

Crime data coverage

Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.

Best Fit For

  • Buyers comparing homes to local incomes
  • Remote earners or cash buyers looking below the state price line

Poor Fit For

  • Households dependent on a deep local wage market
  • Buyers who will not investigate local water systems before moving
  • Anyone treating reported crime rates as complete without source context

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where Prowers County is genuinely cheap, where it is average, and where the hidden cost may be.

Swipe sideways to see state and national benchmarks.
MetricCountyStateU.S.Signal

Median home value

Lower usually helps affordability.

$150,900$358,350$281,900
58% favorable58% below Colorado county median

Median gross rent

Lower usually helps affordability.

$741$1,110$1,163
33% favorable33% below Colorado county median

Monthly owner cost

Lower usually helps affordability.

$754$1,007$1,672
25% favorable25% below Colorado county median

Median household income

$57,601$71,230$74,755
19% pressure19% below Colorado county median

Effective property-tax rate

Lower usually helps affordability.

0.33%0.00%1.02%
Needs dataNo Colorado county median comparison available

Rent burden

Lower usually helps affordability.

32.00%29.00%N/A
10% pressure32.00% of renter income goes to rent.

Income Fit

A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.

Local median income$57,601
Income for median rent$29,640
Income for median owner cost$32,314

Rent cushion

+$27,961

Median income minus rent threshold.

Owner cushion

+$25,287

Median income minus owner-cost threshold.

Affordability Advisory

This turns the raw housing numbers into income and buy-versus-rent screens.

Affordability verdict

For renters in Prowers County, the market is affordable. Expect to pay around $741/month in gross rent, with 32.0% of renter households considered cost-burdened.

Rent vs own

The median rent in Prowers County is $741/month, while owner costs run $754/month. Renting saves approximately $13/month.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,640/year. For owner costs at the 28% rule, the required income is roughly $32,314/year. With a median household income of $57,601, most households can comfortably afford rent here. Notably, 32.0% of renter households in Prowers County are cost-burdened, spending more than 30% of income on housing.

Regional context

Compared to Otero County where rent averages $796/month, Prowers County is approximately 7% less expensive.

Better Counties to Compare

Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.

CountyHome ValueRentWhy compare
Sedgwick County, CO$142,700$728/moSame-state comparison near $142,700 home value and $728/mo rent.
Otero County, CO$160,700$796/moSame-state comparison near $160,700 home value and $796/mo rent.
Kiowa County, CO$148,600$869/moSame-state comparison near $148,600 home value and $869/mo rent.
Conejos County, CO$162,100$724/moSame-state comparison near $162,100 home value and $724/mo rent.
Saguache County, CO$200,000$746/moSame-state comparison near $200,000 home value and $746/mo rent.

Housing Questions for Prowers County

Is Prowers County affordable for buying a home?
Prowers County has a home-value-to-income ratio of 2.6x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Prowers County?
Median rent is $741/mo and median monthly owner cost is $754/mo. On this screen, renting is cheaper before individual loan terms.
How much income do you need for housing in Prowers County?
To keep rent near 30% of income, the median rent implies about $29,640 in annual income. Using a 28% owner-cost screen, median owner costs imply about $32,314 in annual income.
What should I double-check before moving to Prowers County?
Double-check lower income base, tax rate needs attention, water quality cross-check. These items can change the real value of a low monthly housing cost.
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

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