Total monthly cost of ownership
Cost to Own a Home in Las Animas, Colorado
A $112,000 home here costs
$960per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $41,000 a year.
A standard mortgage calculator would have told you $611. The real number is $349 higher every month, 57% more than the payment most buyers budget for.
Compare Bent County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Las Animas from a five-year rolling sample, and with about 2,480 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Bent County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Las Animas against Bent County and Colorado
| Measure | Las Animas | Bent County |
|---|---|---|
| Median home value | $111,500 | $137,900 |
| Median property tax | $476 | $532 |
| Effective tax rate | 0.427% | 0.386% |
| Median gross rent | $1,005 | $854 |
| Population | 2,480 | 5,524 |
The weather behind that power bill
Las Animas sits in Bent County, which averages a high of 95.4°F in its hottest month and a low of 13.9°F in its coldest, with 13.35" of precipitation a year and 54% of it in a single three-month stretch. That climate drives 1,315 cooling and 5,284 heating degree days, which is what sets the $116 electricity line above.
See the full climate breakdown for Bent County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Bent County
No other places of this size are published in Bent County.
Talk to someone who works this market
These are Las Animas averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Las Animas every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Las Animas I already own here and may sell
Common questions
How much does it cost to own a home in Las Animas?
A $112,000 home in Las Animas, Colorado costs approximately $960 per month with 20% down at 7.24%. That is $611 principal and interest, $40 property tax, $32 homeowners insurance, $184 utilities and $93 set aside for maintenance.
What is the property tax rate in Las Animas?
Las Animas has an effective property tax rate of 0.427%, based on a median home value of $111,500 and median real estate taxes of $476. That is higher than the Bent County average of 0.386%.
What is the average home price in Las Animas?
The median owner-occupied home value in Las Animas, Colorado is $111,500, against $137,900 across Bent County.
Is it cheaper to rent or buy in Las Animas?
Median gross rent in Las Animas is $1,005 a month, against $960 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Las Animas?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Las Animas, Colorado at today's rate takes a household income of roughly $41,000 a year. That covers the full $960 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Las Animas, 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.