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Lakewood city, CO

ZIP 80232 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 80232

Median Home Value
$487,100
Median Rent
$1,597
Affordability Snapshot
$134,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,129/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.5x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

25.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 80232 in Lakewood city, CO, a household would need roughly $134,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,129. That is about 53% above the local median household income ($87,799), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
71.7%+10% vs US avg
x
Vacancy Rate
2.7%-74% vs US avg
x
Broadband Access
93.3%+7% vs US avg
x
4+ Bedrooms
11.0%-26% vs US avg
x
Built Pre-1939
2.0%-85% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
25.3%-49% vs US avg
x
Mortgage-Free
29.6%-22% vs US avg
x
$487,100
Home Value
$1,597
Rent
1972
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached64.0%
  • 1-unit attached6.8%
  • 2-9 units16.0%
  • 10+ units12.0%
  • Mobile home & other1.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$487,100
Median rent$1,597
Owner-occupied71.7%
Vacant2.7%
Price-to-income5.5x
Est. income to buy$134,000