How much house can I afford on $50,000 in Colorado?
About $185,000 with 20% down ($146,000 with an FHA loan), using Colorado's 0.52% property tax rate.
That is $344,239 less than the typical Colorado home ($529,013), so on $50,000 you'd look at cheaper areas or a smaller home. The payment of $1,167 covers $994 principal and interest, $80 property tax and $92 insurance.
Counties in Colorado you can afford on $50,000
7 of 62 counties have a typical home value at or below $185,000:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Costilla County | $180,906 | -5.4% | 0.32% |
| Sedgwick County | $172,249 | -1.9% | 0.45% |
| Prowers County | $169,863 | -1.6% | 0.3% |
| Kiowa County | $163,266 | -5.4% | 0.58% |
| Otero County | $158,183 | -6.3% | 0.31% |
| Crowley County | $153,588 | -7.9% | 0.45% |
| Bent County | $115,929 | +3.8% | 0.35% |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.52% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Colorado
Frequently asked questions
How much house can I afford on $50,000 in Colorado?
About $185,000 with 20% down at 7.11%, keeping the payment (with Colorado's 0.52% property tax and insurance) under $1,167 a month.
Is $50,000 enough to buy a house in Colorado?
Not the typical home: the typical Colorado home is worth $529,013 (Zillow, September 2026) and $50,000 supports about $185,000. 7 of 62 counties are within budget.