- Bradley Flora
Colorado Springs ranks 100th out of 180 metro areas for the most expensive market to rent a two-bedroom home. That's 11 notches higher than last year, according to a study by the National Housing Conference released last week.
The typical rent in the Springs was $856, based on a national rate study.
Denver ranked 34th, a few steps higher than last year; Fort Collins was 65th, a big jump from its rank of 96th last year; and Pueblo was ranked 142, a sharp climb from its rank of 176th last year.
As for rankings of home ownership affordability, Colorado Springs stood at 47th with a median-priced home going for $231,000, based on sale prices for the first quarter of 2016. It ranked 55th last year, with a median price of $218,000.
Denver came in 24th this year, at $330,000, compared to 27th last year with a median price of $300,000. Right behind that was Fort Collins at 25th, with a median price of $318,000, five steps up from last year's ranking of 30th, at a price of $285,000. Pueblo jumped to 119th with a median price of $137,000, from 171st last year, when a median home there cost $122,000.
The study found in the state's largest metro areas, many teachers, police officers, janitors, nurses and full-time retail workers can't afford to rent or buy a home. See details at bit.ly/2crsm34.