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Cherry Hills Village city, CO

ZIP 80113 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 80113

Median Home Value
$699,600
Median Rent
$1,508
Affordability Snapshot
$193,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,494/mo PITI).

19%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

38.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 80113 in Cherry Hills Village city, CO, a household would need roughly $193,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,494. That is about 102% above the local median household income ($95,543), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
50.8%-22% vs US avg
x
Vacancy Rate
6.0%-41% vs US avg
x
Broadband Access
88.9%+2% vs US avg
x
4+ Bedrooms
13.1%-11% vs US avg
x
Built Pre-1939
10.0%-22% vs US avg
x
Built Post-2014
1.2%-83% vs US avg
x
Rent Burden >30%
26.5%-47% vs US avg
x
Mortgage-Free
33.4%-13% vs US avg
x
$699,600
Home Value
$1,508
Rent
1968
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached57.2%
  • 1-unit attached3.9%
  • 2-9 units7.6%
  • 10+ units31.2%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$699,600
Median rent$1,508
Owner-occupied50.8%
Vacant6.0%
Price-to-income7.3x
Est. income to buy$193,000