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Cheraw, CO Home Values and Rents
The median home value in Cheraw is $125,000. Median rent is $1,021 a month.
- Median home value
- $125,000
- ACS 2020-2024
- Median rent
- $1,021/mo
- ACS 2020-2024
- Price change, 1 year
- +0.5%
- County index, 2025
- Homeownership
- 71.4%
- CO: 66.2%
Otero County home price trend
FHFA annual House Price Index for Otero County, 2000 = 100, compared with Colorado
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| Period | Otero County |
|---|---|
| 2025 | 258 |
| 2024 | 257 |
| 2023 | 231 |
| 2022 | 236 |
| 2021 | 198 |
| 2020 | 172 |
| 2019 | 157 |
| 2018 | 140 |
| 2017 | 128 |
| 2016 | 123 |
| 2015 | 120 |
| 2014 | 108 |
| 2013 | 111 |
| 2012 | 114 |
| 2011 | 108 |
Beta
Over five years, Otero County prices changed +49.6%, compared with +16.0% for Colorado.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
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Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 81030 | $110,700 | $1,083 | - | - |
Fair Market Rents, FY2027
HUD rent standard for Otero County, CO
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $787 | +6.8% |
| 1 bedroom | $810 | +9.2% |
| 2 bedrooms | $1,059 | +8.8% |
| 3 bedrooms | $1,359 | +4.3% |
| 4 bedrooms | $1,770 | +8.5% |
Frequently asked questions
- What is the median home value in Cheraw, CO?
- The median home value in Cheraw is $125,000, based on the American Community Survey 2020-2024 5-year estimates. The Colorado median is $539,400.
- How much is rent in Cheraw?
- The median rent in Cheraw is $1,021 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,059.
- Are home prices going up in Cheraw?
- Home prices in Otero County changed +0.5% over one year and +49.6% over five years, as of 2025.
- Which ZIP code in Cheraw has the highest home values?
- ZIP code 81030 has the highest median home value at $110,700.