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Cheraw, CO
Full City Profile · Colorado · Crowley County County
2.7
/5.0
C+
Fair
211
Population
1,172/sq mi density
$38,542
Median Income
$26,309 per capita
$97,900
Home Value
$156,866 Zillow
$1,022
Median Rent
51.0% income on rent
53°F
Avg Temperature
330 sunny days/yr
255
Violent Crime/100K
5,475 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$38,542 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$97,900 home value, $1,022/mo rent
F
Safety
1.0 / 5.0
255 violent crimes/100K
D
Education
1.8 / 5.0
10.6% bachelor's degree or higher
Housing Overview
Median Home Value
$97,900
65% below
US avg: $281,900
Median Rent
$1,022/mo
12% below
US avg: $1,163/mo
Homeownership Rate
70.8%
8% above US avg (65.4%)
Total Housing Units
105
Median year built: 1955
Home Value by Source
Census Median
$97,900
Zillow (ZHVI)
$156,866
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.8%
Owner-Occupied
29.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,083/mo
1 Bedroom
$1,161/mo
2 Bedroom
$1,429/mo
3 Bedroom
$1,861/mo
4 Bedroom
$2,178/mo
Census median rent:
$1,022/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
70.8%
Complete Housing Data
Home Values
| Census Median Value | $97,900 |
| Zillow Home Value (ZHVI) | $156,866 |
Rent
| Census Median Rent | $1,022 |
| FMR Studio | $1,083 |
| FMR 1-Bedroom | $1,161 |
| FMR 2-Bedroom | $1,429 |
| FMR 3-Bedroom | $1,861 |
| FMR 4-Bedroom | $2,178 |
Market
Ownership & Stock
| Owner-Occupied | 70.8% |
| Renter-Occupied | 29.2% |
| Homeownership Rate | 70.8% |
| Total Housing Units | 105 |
| Median Year Built | 1955 |
| Rent Burden | 51.0% |