Erie Housing Information
| Index | Erie | Colorado | National |
| Median home price | $379,800 | $264,600 | $184,700 |
| Median rent asked | $1,550 | $1,057 | $949 |
| Avg. people per household | 2.9 | 2.5 | 2.6 |
| Owner occupied households | 86.5% | 64.4% | 63.6% |
| Renter occupied households | 13.5% | 35.6% | 36.4% |
Erie Home Affordability
When looking for real estate in Erie, CO, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Erie, CO, the median price of a home is $379,800 and $110,877 is the median household income. This means that the home price to income ratio is 3.4x, a ratio that is 19% lower than the average in Colorado. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Erie, CO will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Erie, CO.Nearby cities with low home prices
| City, State | Population | Home Price | National Avg. |
| Leyner, CO | 27 | $0 | 100% |
| Blue Sky, CO | 15 | $0 | 100% |
| Federal Heights, CO | 12,173 | $42,200 | 77% |
| Derby, CO | 8,930 | $125,300 | 32% |
| Welby, CO | 16,771 | $163,200 | 12% |
| Erie, CO | 20,801 | $379,800 | 106% |
Cities with similar population
| City, State | Population | Home Price | National Avg. |
| Adrian, MI | 20,800 | $69,300 | 62% |
| Merrick, NY | 20,808 | $537,200 | 191% |
| Monsey, NY | 20,791 | $558,200 | 202% |
| Marina, CA | 20,816 | $392,500 | 113% |
| New Hope, MN | 20,819 | $194,900 | 6% |
| Erie, CO | 20,801 | $379,800 | 106% |