Palmer Lake, CO Real Estate

According to census data in the year 2000 there were 948 housing units in Palmer Lake. This represents a 35% growth from 702 in 1990.

Of those housing units, 153 were located in either urbanized areas or urban clusters, and 795 were located in what is classified as a rural area.

Homeownership rate in Palmer Lake is about 80.3%. Palmer Lake's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Palmer Lake were built after 1979.


Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom7.40%
Two Bedrooms27.80%
Three Bedrooms39.80%
Four Bedrooms14.20%
Five Bedrooms or more8.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1981
Median Value of occupied units$168,000
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1968
Median Monthly Rent asked for vacant units$658

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage10.90%
Home Equity Loan7.50%
Simple Mortgage68.30%
Debt Free12.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22%