Total monthly cost of ownership
Cost to Own a Home in Avon, Colorado
A $689,000 home here costs
$4,722per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,542. The real number is $1,180 higher every month — 33% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Avon against Eagle County and Colorado
| Measure | Avon | Eagle County |
|---|---|---|
| Median home value | $689,000 | $814,700 |
| Median property tax | $2,311 | $3,339 |
| Effective tax rate | 0.335% | 0.410% |
| Median gross rent | $2,132 | $2,032 |
| Population | 6,057 | 55,374 |
The weather behind that power bill
Avon sits in Eagle County, which averages a high of 82.2°F in its hottest month and a low of 8.7°F in its coldest, with 14.92" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 90 cooling and 8,142 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Eagle County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Eagle County
Common questions
How much does it cost to own a home in Avon?
A $689,000 home in Avon, Colorado costs approximately $4,722 per month with 20% down at 6.66%. That is $3,542 principal and interest, $192 property tax, $200 homeowners insurance, $213 utilities and $574 set aside for maintenance.
What is the property tax rate in Avon?
Avon has an effective property tax rate of 0.335%, based on a median home value of $689,000 and median real estate taxes of $2,311. That is lower than the Eagle County average of 0.410%.
What is the average home price in Avon?
The median owner-occupied home value in Avon, Colorado is $689,000, against $814,700 across Eagle County.
Is it cheaper to rent or buy in Avon?
Median gross rent in Avon is $2,132 a month, against $4,722 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Avon — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.