Housing in Lake City, CO
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$487,324
Lake City vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake City is highlighted.
Median Home Value
84th%ilemost expensive$409,300show rank
Median Rent
52nd%ilemost expensive rent$965show rank
Rent Burden
50th%ilehighest rent burden18.6%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$409,300
Median Rent
$965
Total Housing Units
493
Vacancy Rate
49.5%
Owner Occupied
78.7%
Renter Occupied
21.3%
Median Property Tax
$1,364
per year
Monthly Cost (w/ Mortgage)
$1,788
Housing Types
Single Family89.7%
Multi-Family8.1%
Mobile Home2.2%
The median home value in Lake City, CO is $409,300. According to Zillow, the home value index for Lake City is $487,324. The median rent is $965 per month (Census ACS). About 78.7% of housing units are owner-occupied. The median year homes were built is 1983. There are 493 total housing units.