Home prices
The median home in Cortez costs $170,300. Compared to other places in this area this is about $27,380 (19%) higher.Compared to the US as a whole it is approximately $47,200 (21%) lower, and in comparison to the city of Farmington is approximately $16,500 (8%) lower.
Rents
Cortez's median rent is $812 per month. This is approximately $127 (18%) higher compared to other places in this area.Compared to the rest of the nation it is approximately $250 (23%) lower, and in comparison to the city of Farmington is approximately $56 (6%) lower.
Nearby places
Dolores
Dolores is about 9 miles northeast of Cortez. Its housing prices are somewhat less expensive. Dolores's median home cost is $160,200, which works out to $10,100 (6%) lower than Cortez. Rent there is somewhat more expensive. The median rent in Dolores is $874 per month, which works out to $62 (7%) higher than Cortez.
Towaoc
Towaoc is roughly 12 miles southwest of Cortez. The real estate prices there are pretty similar. The median home in Towaoc costs $163,900, which comes out to $6,400 (3%) lower than Cortez. Rent there is substantially less expensive. The median monthly rent in Towaoc is $335, which is $477 (142%) lower than Cortez.
Mancos
Mancos is roughly 13 miles east of Cortez. Its real estate prices are somewhat more expensive. The median home in Mancos costs $216,900, which comes out to $46,600 (21%) higher than Cortez. Rents there are somewhat less expensive. The median monthly rent in Mancos is $764, which is $48 (6%) lower than Cortez.
Aneth
Aneth is approximately 29 miles west of Cortez. Its housing prices are a lot less expensive. The median home in Aneth costs $81,900, which is $88,400 (107%) lower than Cortez. Rents there are similar. The median rent in Aneth is $775 a month, which works out to $37 (4%) lower than Cortez.
Dove Creek
Dove Creek is roughly 33 miles northwest from Cortez. Its housing prices are substantially less expensive. The median home price in Dove Creek is $91,700, which comes out to $78,600 (85%) lower than Cortez. Its rents are a little less expensive. Dove Creek's median rent is $675 per month, which comes out to $137 (20%) lower than Cortez.