Home prices
The median home value in Simla is $145,800. It is approximately $16,800 (10%) lower compared to its surrounding areas.In comparison to the entire country it is roughly $71,700 (32%) lower, and compared to the city of Denver is approximately $244,800 (62%) lower.
Rents
The median monthly rent in Simla is $748. It is approximately $40 (5%) lower compared to other places in this area.Compared to the country as a whole it is roughly $314 (29%) lower, and in comparison to the city of Denver is about $563 (42%) lower.
Nearby places
Ramah
Ramah is approximately 4 miles west from Simla. Its housing prices are fairly similar. The median home in Ramah costs $146,400, which is very similar to Simla. Rents there are similar. Ramah's median rent is $756 per month, which comes out to $8 (1%) higher than Simla.
Calhan
Calhan is about 12 miles southwest of Simla. The housing prices there are a little more expensive. Calhan's median home price is $167,400, which is $21,600 (12%) higher than Simla. The rent there is a bit more expensive. The median monthly rent in Calhan is $915, which is $167 (18%) higher than Simla.
Limon
Limon is approximately 20 miles northeast from Simla. The real estate prices there are a bit less expensive. The median home cost in Limon is $121,100, which is $24,700 (20%) lower than Simla. Its rents are a bit more expensive. The median rent in Limon is $807 a month, which comes out to $59 (7%) higher than Simla.
Elbert
Elbert is approximately 21 miles west of Simla. Its real estate prices are somewhat more expensive. The median home in Elbert is valued at $165,600, which works out to $19,800 (11%) higher than Simla. The rent there is significantly less expensive. Elbert's median rent is $383 per month, which comes out to $365 (95%) lower than Simla.
Kiowa
Kiowa is roughly 22 miles northwest of Simla. Its housing prices are somewhat more expensive. The median home in Kiowa costs $212,500, which comes out to $66,700 (31%) higher than Simla. Its rents are somewhat more expensive. The median monthly rent in Kiowa is $1,078, which is $330 (30%) higher than Simla.