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Simla, CO

Full City Profile · Colorado · Elbert County County

1.8 /5.0
D Poor
576 Population 886/sq mi density
$210,300 Home Value $332,455 Zillow
$1,141 Median Rent 36.4% income on rent
48°F Avg Temperature 297 sunny days/yr
312 Violent Crime/100K 467 property/100K
D
Overall
1.8 / 5.0
Below average overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
312 violent crimes/100K
C+
Education
2.6 / 5.0
19.9% bachelor's degree or higher

Housing Overview

Median Home Value
$210,300
25% below
US avg: $281,900
Median Rent
$1,141/mo
2% below
US avg: $1,163/mo
Homeownership Rate
63.3%
3% below US avg (65.4%)
Total Housing Units
286
Median year built: 1950

Home Value by Source

Census Median
$210,300
Zillow (ZHVI)
$332,455
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.3%
Owner-Occupied
36.7%
Renter-Occupied
63%
37%
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: $1,141/mo

Affordability & Housing Stock

Rent Burden
36.4%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
63.3%

Complete Housing Data

Home Values

Census Median Value$210,300
Zillow Home Value (ZHVI)$332,455

Rent

Census Median Rent$1,141
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-Occupied63.3%
Renter-Occupied36.7%
Homeownership Rate63.3%
Total Housing Units286
Median Year Built1950
Rent Burden36.4%