Home prices
The median home price in Palmer Lake is $289,800. It is about $129,900 (30%) lower compared to its surrounding areas.Compared to the country as a whole it is approximately $72,300 (33%) higher, and compared to the city of Denver is roughly $100,800 (25%) lower.
Rents
In Palmer Lake the median rent is $977 a month. In comparison to the surrounding areas it is roughly $643 (39%) lower.Compared to the entire country it is approximately $85 (8%) lower, and compared to the city of Denver is approximately $334 (25%) lower.
Nearby places
Monument
Monument is Palmer Lake's neighbor to the southeast. Real estate prices there are somewhat more expensive. The median home in Monument costs $381,600, which comes out to $91,800 (24%) higher than Palmer Lake. Rents there are substantially more expensive. Monument's median monthly rent is $1,586, which is $609 (38%) higher than Palmer Lake.
Woodmoor
Woodmoor is roughly 2 miles east from Palmer Lake. Its housing prices are a lot more expensive. Woodmoor's median home price is $481,100, which comes out to $191,300 (39%) higher than Palmer Lake. The rent there is significantly more expensive. Woodmoor's median monthly rent is $1,782, which works out to $805 (45%) higher than Palmer Lake.
Gleneagle
Gleneagle is about 5 miles southeast from Palmer Lake. Its housing prices are a bit more expensive. The cost of the median home in Gleneagle is $365,300, which is $75,500 (20%) higher than Palmer Lake. The rent there is a bit more expensive. Gleneagle's median monthly rent is $1,394, which works out to $417 (29%) higher than Palmer Lake.
Woodland Park
Woodland Park is approximately 10 miles southwest from Palmer Lake. Its housing prices are a little more expensive. The median home cost in Woodland Park is $323,500, which works out to $33,700 (10%) higher than Palmer Lake. Rent there is somewhat more expensive. The median monthly rent in Woodland Park is $1,276, which comes out to $299 (23%) higher than Palmer Lake.
Black Forest
Black Forest is roughly 11 miles east of Palmer Lake. Real estate prices there are substantially more expensive. Black Forest's median home cost is $547,000, which comes out to $257,200 (47%) higher than Palmer Lake. Its rents are significantly more expensive. Black Forest's median rent is $2,064 per month, which works out to $1,087 (52%) higher than Palmer Lake.
