Cost of Living in Las Animas County, Colorado

$875/mo
Median Monthly Rent
$214,500
Median Home Value

At a Glance

Median Monthly Rent
$875/mo
30% below state average
Median Home Value
$214,500
24% below national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Las Animas County Compares

Median monthly rent comparison

Las Animas County$875/mo
Colorado Average$1,253/mo
National Median$1,163/mo

Detailed Housing Stats

$875/mo
Median Gross Rent
$214,500
Median Home Value
$894/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Las Animas County ranks #2,537 of 3,144 counties for affordability (bottom 19%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Las Animas County, Colorado

Las Animas: Modest income, modest costs

Las Animas County residents spend 20.8% of household income on rent, matching Colorado's 20.2% state average despite having the lowest median income ($50,408) in this county comparison. The affordable housing stock aligns with the county's rural, lower-wage economy.

Affordable despite lean incomes

Las Animas' 20.8% rent-to-income ratio keeps pace with Colorado averages, an achievement in a county where median income falls $24,347 below the state typical. The county's low housing costs effectively match earnings patterns.

Southern coal country affordability

Las Animas' median rent of $875/month runs $378 below Colorado's state average, reflecting the county's post-coal-economy reality and small-town character. The median home value of $214,500 offers genuine entry-level ownership paths for modest-income households.

Rent and ownership nearly equivalent

Renters pay $875 monthly while owners spend $894—virtually identical costs making both paths equally viable in Las Animas' balanced market. With median income at $50,408, housing consumes about 20%, leaving modest but meaningful room for savings and other needs.

Genuine affordability for modest budgets

Las Animas County delivers Colorado's rarest asset: affordable housing paired with low incomes, making it viable for service workers, artists, and remote professionals prioritizing cost-of-living. If your household income runs $50,000–$60,000, Las Animas offers realistic paths to stable housing without the front-range squeeze.

Cost of Living Advisory: Las Animas County

Affordability Verdict

Las Animas County offers affordable rental housing at a median of $875/month — about 20.8% of the typical household income here.

Rent vs. Own

The median rent in Las Animas County is $875/month, while owner costs run $894/month. Renting saves approximately $19/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,000/year. For owner costs at the 28% rule, the required income is roughly $38,314/year. With a median household income of $50,408, most households can comfortably afford rent here. Notably, 30.0% of renter households in Las Animas County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Colorado, Las Animas County is less affordable than Phillips County by roughly 8% ($875/mo vs $947/mo).

Affordability Calculator

See how your income compares to housing costs in Las Animas County

$

Rent Burden

20.8%

of gross income

Max Housing (28% Rule)

$1,176

per month

Owner Cost Burden

21.3%

of gross income

The median home in Las Animas County may be a stretch

Median home value is $214,500. Estimated monthly cost: $1,712 vs. your max of $1,176.

Rent Affordability Guide

Your rent-to-income ratio20.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $50,408Needed: $35,000
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $50,408Needed: $38,314
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $50,408Needed: $49,920

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Las Animas County, Colorado?
Las Animas County, Colorado has a median monthly rent of $875/mo and a median home value of $214,500. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Las Animas County?
The median gross rent in Las Animas County is $875/mo. This is 30% below state average for Colorado.
Is Las Animas County affordable?
Las Animas County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Las Animas County's rent compare to the state average?
Las Animas County's median rent of $875/mo is 30% below state average of $1,253/mo for Colorado.
What is the median home value in Las Animas County?
The median home value in Las Animas County, Colorado is $214,500. This is 24% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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