Photo: Jeffrey Beall · CC BY 4.0Even on the area’s higher pay, Perry Park costs more to live in than 89% of U.S. towns
Home prices around Perry Park have risen about 42% over the past 5 years.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Denver-Aurora-Centennial, CO metro area ($106K). How TownRatings grades cost of living
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The grade measures what housing costs against what households in the area earn. Perry Park’s area earns well above the typical U.S. town ($106K against $74K), but homes, rent and taxes here run higher still.
In dollars
- $2,380a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 8.0 yrsof area income buys the typical home; the typical U.S. town: 3.3$106K, Denver-area income
- 28%of owners do; the typical U.S. town: 20%Census 2020–24
What Perry Park’s housing numbers say
Nearly every household owns
99% of Perry Park households own their home, against 66% across Colorado. Property taxes ↓
Mostly newer homes
Half of Perry Park’s homes were built after 2001, against 1988 for Colorado as a whole. Property taxes ↓
Written from the data on this page. There’s no Zillow index for Perry Park, so the typical value is an estimate: the Census median carried forward with the federal house price index; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Perry Park’s grade
Measured against what households in the area earn, Perry Park is more affordable than 11% of U.S. towns. Home prices pull the grade down most; the share of households paying 30%+ for housing holds it up.
Home prices up 42% in 5 years
The federal house price index for the ZIP codes around Perry Park rose 42% over the past 5 years, faster than across Colorado (38%). Last year prices rose 1.7%. Carrying the Census median home value forward with that index puts the typical Perry Park home at roughly $885,000 today.
Carrying the Census median forward with the index puts a typical home at about $885K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Perry Park, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 8.0 years of area income
The calculator starts from the area income the grade uses. Switch to Perry Park’s own median, or type yours.
That’s $456K short of a typical Perry Park home.
A two-bedroom rents for about $2,380 a month here, $2,720 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Perry Park’s typical property tax (0.62% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $2,380
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Colorado Springs, CO HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs above the Colorado norm
The median bill is $5,286 (Colorado: $2,602), 0.62% of a home’s value a year, against 0.48% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Perry Park and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Perry Park | D | — | $850K | 0.62% | $2,380 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Perry Park
Is Perry Park expensive to live in?
Measured against what households in the area earn, Perry Park costs more than 89% of U.S. towns: a D for cost of living. The typical home costs 8.0 years of the median household income of the Denver-Aurora-Centennial, CO metro area ($106K).
How much is rent in Perry Park?
HUD puts a two-bedroom at about $2,380 a month with utilities, the going rate for someone moving in.
What are property taxes in Perry Park?
The median bill is $5,286 a year, 0.62% of the median home value (Colorado: $2,602, 0.48%), from the Census 2020–24.
Neighbors talk housing
What Perry Park buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.