10 Most Affordable Places to Live in Colorado

Hiking, biking, and skiing are just some of the top reasons to move to the amazing state of Colorado. Whether you love the outdoors, want to explore the mountains, or enjoy cultural activities, Colorado can offer it all. Before moving, you also need to think about your budget and some of the less expensive cities to live, work and play in Colorado.

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Federal Heights

Topping the list of the most affordable city in Colorado is Federal Heights, a suburb of Denver. Residents enjoy restaurants, coffee shops, and parks and take advantage of family-friendly activities. If you are searching for an excellent location with a modest budget, the cost of living is 25% lower than the Colorado average, this is the town for you.

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Quiet and rural, Lamar is a wonderful city for families with a variety of parks and a strong sense of community. The median home value is $80,000 and boasts one of Colorado’s Welcome Centers. Lamar is a popular starting point for tourists who can admire the old train depot, the John Martin Reservoir State Park, and several golf courses.

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Frisbee golf, fishing, and horseshoes are just some of the activities you will enjoy in the affordable town of Brush! With a long history of agriculture, residents grow a variety of crops, including the Sugarbeet. The town is also known for the largest amateur rodeo in the world held in July. With a median income of $51,000 and an average home price of $130,000 – Brush! is an affordable place to live.

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Fort Morgan

History abounds in the agricultural city of Fort Morgan located along the old Overland Trail. Tracking the history of the Pawnee and other Plains Indians, families in town love the Fort Morgan Museum. If you enjoy fishing and water activities, Jackson Lake State Park is a favorite destination for residents who appreciate this low-cost hometown.

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Known for its excellent college, Sterling is not only a cost-effective place to live, with a median home price of $121,000, but you can also enjoy a great education and several career opportunities. As a farm and ranch community, this small town is family-friendly and provides activities like hiking, golfing, and learning about the history of the prairie and the western migration.

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Unique and interesting, Trinidad is close to the border of Mexico and features an eclectic community. Plan to spend time at the Trinidad Lake State Park fishing, boating or camping and explore the historic arts district offering distinctive events. Families will enjoy the affordable housing and friendly people around town.

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The town of Pueblo is known for its authentic Mexican food and green chiles grown on area farms. Family-friendly and boasting farmer’s markets throughout the summer and fall, you will enjoy a variety of cafes and culture as well as hot-rod expos and livestock shows. Residents take advantage of the Lake Pueblo State Park and the Colorado State Fair in late summer.

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Quiet and tranquil, the town of Clifton can be found on the western portion of the state and considered a suburb of Grand Junction. Families who call Clifton home enjoy the amazing fresh fruits grown on nearby farms and spend time hiking the trails of the James M. Robb Colorado River State Park. Just close enough to the city for a variety of shopping and restaurants, Clifton is affordable and provides a peaceful place to live.

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A small-town feel with great amenities sums up the town of Alamosa. Nestled between the mountain ranges of San Juan and the Sangre de Cristo, you will see amazing views no matter what your destination. Families who live in town enjoy over 300 days of sunshine and love to explore the area on the historic train rides. If you appreciate the outdoors and a large variety of activities – check out Alamosa and its amazing adventures.

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Safe and inviting, the small town of Cortez is located near the entrance of the Mesa Verde National park and is steeped in history. Cortez also offers 116 acres of parks and trails and activities like fishing, concerts, and a professional golf course. You will find a variety of restaurants and shops and friendly people. The cost of living is 20% less than the Colorado average, making Cortez an excellent and affordable place to live and enjoy family and friends.

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We put down roots in Colorado so that you can too! Let us help you afford your dream Colorado home. Visit the nearest On Q branch today to learn how we’re making Mortgages Simplified.

About the Author

Before opening On Q Financial in 2005, John Bergman originated and funded 450 units a year as a loan officer. He founded the company with just $1M of personal life savings—committed to his vision for building the best independent mortgage organization in the industry.

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