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Elbert, CO

Full City Profile · Colorado · Douglas County County

3.3 /5.0
B Good
150 Population 273/sq mi density
$56,500 Median Income $40,598 per capita
$263,200 Home Value $602,614 Zillow
$1,188 Median Rent 18.8% income on rent
44°F Avg Temperature 326 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$56,500 median income, 3.4% unemployment
A
Affordability
4.1 / 5.0
$263,200 home value, $1,188/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.9 / 5.0
23.6% bachelor's degree or higher

Housing Overview

Median Home Value
$263,200
7% below
US avg: $281,900
Median Rent
$1,188/mo
2% above
US avg: $1,163/mo
Homeownership Rate
84.2%
29% above US avg (65.4%)
Total Housing Units
98
Median year built: 1938

Home Value by Source

Census Median
$263,200
Zillow (ZHVI)
$602,614
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.2%
Owner-Occupied
15.8%
Renter-Occupied
84%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,643/mo
1 Bedroom
$1,754/mo
2 Bedroom
$2,089/mo
3 Bedroom
$2,734/mo
4 Bedroom
$3,049/mo
Census median rent: $1,188/mo

Affordability & Housing Stock

Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
84.2%

Complete Housing Data

Home Values

Census Median Value$263,200
Zillow Home Value (ZHVI)$602,614

Rent

Census Median Rent$1,188
FMR Studio$1,643
FMR 1-Bedroom$1,754
FMR 2-Bedroom$2,089
FMR 3-Bedroom$2,734
FMR 4-Bedroom$3,049

Market

Ownership & Stock

Owner-Occupied84.2%
Renter-Occupied15.8%
Homeownership Rate84.2%
Total Housing Units98
Median Year Built1938
Rent Burden18.8%