Cost of Living in Prowers County, Colorado

$741/mo
Median Monthly Rent
$150,900
Median Home Value

At a Glance

Median Monthly Rent
$741/mo
41% below state average
Median Home Value
$150,900
46% below national
Rent-to-Income Ratio
32.0%
% 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 Prowers County Compares

Median monthly rent comparison

Prowers County$741/mo
Colorado Average$1,253/mo
National Median$1,163/mo

Detailed Housing Stats

$741/mo
Median Gross Rent
$150,900
Median Home Value
$754/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Prowers County ranks #1,112 of 3,144 counties for affordability (top 35%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Prowers County, Colorado

Prowers County Offers True Affordability

Prowers County renters spend just 15.4% of income on housing—the lowest rent-to-income ratio among Colorado's counties and well below the national average. At $741 monthly, rents are 59% cheaper than the state median, making Prowers a rare affordability oasis.

Colorado's Most Affordable Market

Prowers County delivers the state's best housing values, with renters and owners alike enjoying costs 40% below state averages. The county's affordability advantage is built on modest home values ($150,900) and reasonable rents that align with rural Colorado's lower income profiles.

Beats All Surrounding Counties

Prowers' $741 rent undercuts Pueblo County ($1,059) by 30% and Phillips County ($947) by 22%. Even for homeownership, the $754 monthly cost trails most neighbors, positioning Prowers as the region's budget champion.

Housing Consumes Just 15% of Income

With a median household income of $57,601, Prowers residents dedicate only 15.4% to rent or 15.7% to mortgages—among the lowest burdens in Colorado. This leaves families room to save, invest, and weather unexpected costs without housing strain.

Prowers Is Home for Budget-First Movers

If housing affordability is your top priority, Prowers County delivers: rents under $750 and entry-level homes near $150K. Remote workers and retirees should seriously compare Prowers against pricier mountain counties and discover genuine financial breathing room.

Cost of Living Advisory: Prowers County

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.

Affordability Calculator

See how your income compares to housing costs in Prowers County

$

Rent Burden

15.4%

of gross income

Max Housing (28% Rule)

$1,344

per month

Owner Cost Burden

15.7%

of gross income

You can likely afford the median home in Prowers County

Median home value is $150,900. Estimated monthly cost: $1,205 vs. your max of $1,344.

Rent Affordability Guide

Your rent-to-income ratio15.4%
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: $57,601Needed: $29,640
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,601Needed: $32,314
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,601Needed: $35,119

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 Prowers County, Colorado?
Prowers County, Colorado has a median monthly rent of $741/mo and a median home value of $150,900. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Prowers County?
The median gross rent in Prowers County is $741/mo. This is 41% below state average for Colorado.
Is Prowers County affordable?
Prowers County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Prowers County's rent compare to the state average?
Prowers County's median rent of $741/mo is 41% below state average of $1,253/mo for Colorado.
What is the median home value in Prowers County?
The median home value in Prowers County, Colorado is $150,900. This is 46% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Prowers County, Colorado? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Prowers County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.