Much like nearby areas, it's significantly more expensive compared to the entire country. However it is a little less expensive compared to the city of Denver.
Home prices
The median home cost in Grand Lake is $293,600. It is is very similar compared to the surrounding areas.In comparison to the country as a whole it is roughly $76,100 (34%) higher, and it is about $97,000 (24%) lower compared to the city of Denver.
Rents
The median monthly rent in Grand Lake is $756. This is about $453 (37%) lower compared to the surrounding areas.It is roughly $306 (28%) lower in comparison to the entire nation, and compared to the city of Denver is approximately $555 (42%) lower.
Nearby places
Granby
Granby is roughly 13 miles south of Grand Lake. The real estate prices there are a bit less expensive. The median home in Granby costs $238,000, which comes out to $55,600 (23%) lower than Grand Lake. Rent there is a lot more expensive. Granby's median rent is $1,139 per month, which comes out to $383 (33%) higher than Grand Lake.
Estes Park
Estes Park is approximately 15 miles northeast of Grand Lake. The real estate prices there are a little more expensive. Estes Park's median home price is $413,100, which comes out to $119,500 (28%) higher than Grand Lake. Its rents are a bit more expensive. The median monthly rent in Estes Park is $835, which comes out to $79 (9%) higher than Grand Lake.
Hot Sulphur Springs
Hot Sulphur Springs is roughly 17 miles southwest from Grand Lake. Its housing prices are a little less expensive. The median home in Hot Sulphur Springs costs $222,500, which comes out to $71,100 (31%) lower than Grand Lake. The rent there is a little more expensive. In Hot Sulphur Springs the median monthly rent is $1,036, which is $280 (27%) higher than Grand Lake.
Ward
Ward is approximately 18 miles southeast from Grand Lake. Its housing prices are somewhat less expensive. The median home in Ward is valued at $230,000, which works out to $63,600 (27%) lower than Grand Lake. Rent there is substantially more expensive. The median rent in Ward is $1,750 per month, which comes out to $994 (56%) higher than Grand Lake.
Jamestown
Jamestown is approximately 21 miles southeast of Grand Lake. The real estate prices there are somewhat more expensive. The median home value in Jamestown is $358,300, which comes out to $64,700 (18%) higher than Grand Lake. Its rents are a lot more expensive. Jamestown's median rent is $1,287 per month, which comes out to $531 (41%) higher than Grand Lake.
