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City · 23,024 residents · Arapahoe County, Colorado

Four Square Mile , Colorado

In Four Square Mile, a typical home is worth $474,200 and typical rent is $1,833 a month. Compared with all of Arapahoe County, typical household income is 20% lower, the typical home value is 16% lower, and the share of households that own their home is 38 points lower.

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  • Typical home value

    $474,200

    16% below the county

    12% below Colorado

    • Four Square Mile
    • Arapahoe
    • Colorado

  • Typical rent

    $1,833a month

    3% below the county

    4% above Colorado

    • Four Square Mile
    • Arapahoe
    • Colorado

  • Typical household income

    $80,903a year

    20% below the county

    15% below Colorado

    • Four Square Mile
    • Arapahoe
    • Colorado

  • Households that own their home

    26%

    38 points below the county

    40 points below Colorado

    • Four Square Mile
    • Arapahoe
    • Colorado

Source: U.S. Census Bureau, Average 2020–2024

Four Square Mile is in Arapahoe County. The FHA loan limit ($862,500 for a one-unit home), the fair market rents and the help on this page are those of all of Arapahoe County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Four Square Mile apart

What this place has that others do not, from public data, most unusual first.

  1. 26% of households in Four Square Mile own their home, against 65% in Arapahoe County.

  2. The typical household income in Four Square Mile is $80,903, 20% less than in Arapahoe County as a whole ($101,087).

  3. The typical home in Four Square Mile is worth $474,200, 16% less than in Arapahoe County as a whole ($561,200).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Four Square Mile

What homes there are in Four Square Mile, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

There are more apartments in Four Square Mile than in Arapahoe County: 66% of homes, against 29%.

Year built

Here half of the homes date from 1990 or later; in Arapahoe County, from 1986 or later.

Homes in Four Square Mile are smaller: 23% have 3 bedrooms or more; in Arapahoe County, 60%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,933 a month

Arapahoe County: $2,423 a month

Without a mortgage

$887 a month

Arapahoe County: $742 a month

Owners with a mortgage

72%

Arapahoe County: 74%

In Four Square Mile, 72% of owners have a mortgage, and their typical cost is $1,933 a month, against $2,423 in Arapahoe County. Without one it drops to $887.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Four Square Mile does not have the same boundaries as in 2015–2019: that is why there is no change to compare. For reference, in Arapahoe County the typical home value rose 57%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureFour Square MileArapahoe CountyColoradoUnited States
Rental vacancy Unreliable estimate5.5%5.1%5.5%
Homeowner vacancy Unreliable estimate0.6%0.8%0.9%
More than one person per room 8.2%3.4%2.4%3.4%
People per household 2.272.552.422.53
Drive alone 65%66%65%69%
Carpool 8%8%8%9%
Public transit 3%3%2%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 22%21%21%15%
Other means Unreliable estimate2%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

In Four Square Mile, 8.2% of households live with more than one person per room, against 3.4% in Arapahoe County.

On average, a household in Four Square Mile has 2.27 people, fewer than in Arapahoe County (2.55).

In Four Square Mile, 65% of workers drive alone to work; in Arapahoe County, 66%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Four Square Mile?

A typical home costs more than the typical income allows

We start with a typical home in Four Square Mile, worth $474,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 56% of the typical household income in Four Square Mile, which is $80,903 a year. For that payment to be 28% of income, a household would need to earn about $161,782 a year.

The calculator's FHA and conventional loan limits are those of all of Arapahoe County.

Your numbers

Local data
$

Starts at the typical home value in Four Square Mile. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $16,597 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,775

at 7.18% · 30 years

Loan amount
$465,611
Total interest
$669,905
Paid off in
November 2056

Includes $8,008 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,888 a month

  • Tight

    $1,888 to $2,427 a month

  • Hard

    more than $2,427 a month

    Your payment · 56%

Compared with the typical household income in Four Square Mile ($80,903 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,775
Principal & interest$3,154
Property tax$213
Home insurance$198
FHA mortgage insurance (MIP)$210

You need at least $16,597 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Four Square Mile and Arapahoe County

Four Square Mile is in Arapahoe County, Colorado. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Four Square Mile's own numbers

Typical home value
$474,200
Typical monthly rent
$1,833
Typical yearly household income
$80,903
Households that own their home
26%
Effective property tax rate
0.54%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Arapahoe County

FHA limit, one-unit home
$862,500
Conventional limit, one unit
$862,500
HUD fair market rent, 2 bedrooms
$2,169
Price change over 5 years (FHFA)
+36%
Homes in a high flood-risk zone
0.2%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Arapahoe County.

Everything about Arapahoe County

Buying

Buying a home in Four Square Mile

A typical home in Four Square Mile is worth $474,200: 16% below the county and 12% below Colorado. With the typical household income in Four Square Mile ($80,903 a year), a typical home costs 5.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Four Square Mile 5.9 years
  • Arapahoe 5.6 years
  • Colorado 5.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Arapahoe County

According to FHFA’s house price index, home prices in Arapahoe County rose 94% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Arapahoe County.

Period County Colorado U.S.
Last year (2025) −0.1% +0.1% +2.9%
5 years (2020–2025) +36% +38% +47%
10 years (2015–2025) +94% +93% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Four Square Mile next to Arapahoe County, Colorado and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Four Square Mile $474,200
  • Arapahoe $561,200
  • Colorado $539,400
  • United States $332,700
Typical monthly rent
  • Four Square Mile $1,833
  • Arapahoe $1,891
  • Colorado $1,761
  • United States $1,413
Typical yearly household income
  • Four Square Mile $80,903
  • Arapahoe $101,087
  • Colorado $95,470
  • United States $80,734
See the full table
Four Square Mile next to Arapahoe County and Colorado
Measure Four Square Mile Arapahoe County Colorado U.S.
Typical home value $474,200 $561,200 $539,400 $332,700
Typical monthly rent $1,833 $1,891 $1,761 $1,413
Typical yearly household income $80,903 $101,087 $95,470 $80,734
Households that own their home 26% 65% 66% 65%
Typical yearly property tax $2,580 $2,938 $2,602 $3,119
Effective property tax rate 0.54% 0.52% 0.48% 0.94%
Renters with high rent for their income 49% 56% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Arapahoe County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Four Square Mile

For a typical $474,200 home in Four Square Mile, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Four Square Mile's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,775a month

    Least cash to close
    Down payment
    $16,597
    Cash to close
    $30,823
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $210

  • Conventional, 5% down $3,688a month

    Down payment
    $23,710
    Cash to close
    $37,936
    Rate
    7.18%
    Mortgage insurance
    PMI · $225

  • Conventional, 20% down, no PMI $2,981a month

    Down payment
    $94,840
    Cash to close
    $109,066
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,419a month

    Down payment
    $71,130
    Cash to close
    $85,356
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Four Square Mile and for Arapahoe County.

Property tax

Effective rate in Four Square Mile

0.54%of the home’s value each year

$2,580 a year for the typical owner in Four Square Mile.

  • Four Square Mile 0.54%
  • Arapahoe 0.52%
  • Colorado 0.48%

What Colorado publishes Senior homestead exemption (owners 65 and older) (Colorado General Assembly (Colorado Revised Statutes 2024, Title 39))

Exemptions and deadlines in Colorado

Flood risk in Arapahoe County

FEMA does not publish these numbers by city: they are for all of Arapahoe County.

Homes in the high-risk zone
0.2%
397
Of those, with NFIP insurance
48%
County Colorado U.S.
Homes in the high-risk zone 0.2% 1.1% 3.5%
Of those, with NFIP insurance 48% 24% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Four Square Mile

Typical rent in Four Square Mile is $1,833 a month: 3% below the county. In Four Square Mile, 49% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Arapahoe County, by unit size. To pay the 2-bedroom one ($2,169 a month) without spending more than 30% of your income, you would need to earn $41.71 an hour working full time.

HUD fair market rent for all of Arapahoe County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,751 $33.67 $70,040
1 bedroom $1,831 $35.21 $73,240
2 bedrooms $2,169 $41.71 $86,760
3 bedrooms $2,846 $54.73 $113,840
4 bedrooms $3,183 $61.21 $127,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Four Square Mile

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Four Square Mile has 2 ZIP codes with their own.

For 2 bedrooms it runs from $2,080 in 80247 to $2,170 in 80231.

1 of the 2 is above the fair market rent for Arapahoe County ($2,169).

  • 80231 $2,170$2,850
  • 80247 $2,080$2,730

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Four Square Mile when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Four Square Mile

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Arapahoe County; 1 says it serves in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Four Square Mile

No down payment, repair or rent-help program on our list is for Four Square Mile or Arapahoe County. The ones below are statewide in Colorado: they work in Four Square Mile the same as in the rest of the state.

Which programs do I qualify for? All programs in Colorado

  • CHFA Down Payment Assistance

    Statewide in Colorado

    Colorado state agency help with the down payment or closing costs: a grant of up to 3% of the mortgage or a deferred second mortgage of up to 4%, both capped at $25,000. Offered by Colorado Housing and Finance Authority (CHFA).

    GrantDeferred

    See the program Official page

  • CHFA FirstGeneration

    Statewide in Colorado

    Open, per the source

    $25,000 from the Colorado state agency for the down payment of first-generation buyers (neither you nor your parents have owned a home); repaid when you sell, refinance or pay off the mortgage. Offered by Colorado Housing and Finance Authority (CHFA).

    Deferred

    See the program Official page

Housing counselors near Four Square Mile

The HUD-approved agencies closest to the center of Four Square Mile, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • NSC (naca Counseling Subsidiary) - Denver, CO

    14707 East 2nd Avenue Suite 110, Aurora · 5 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (303) 694-5437

  • Northeast Denver Housing Center

    2416 E Colfax Ave, Denver · 6 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (303) 399-9337

  • Community Economic Defense Project

    1600 N Downing St Ste 600, Denver · 6 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 5 more
    (303) 276-5705

Every agency in Arapahoe County All counseling agencies in Colorado

Help in Spanish near Four Square Mile

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Four Square Mile

In HUD’s record, no housing authority with an office in Arapahoe County is named for Four Square Mile or Arapahoe County.

4 other authorities have an office in Arapahoe County: see the list Source: HUD

Cities

Other cities in Arapahoe County

These cities are also in Arapahoe County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Arapahoe County Housing in Colorado

Nearby cities

The cities closest to Four Square Mile, with the typical home value.

Neighboring counties

If Arapahoe County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Four Square Mile.

All guides
A father smiles as he carries his baby on his shoulders outdoors.

Questions

Housing questions about Four Square Mile

Short answers with the numbers for Four Square Mile and all of Arapahoe County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Four Square Mile?

The typical home value in Four Square Mile is $474,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Arapahoe County it is $561,200.

How much does it cost to rent in Four Square Mile?

Typical rent in Four Square Mile is $1,833 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Arapahoe County is $2,169.

What is the FHA loan limit in Four Square Mile?

Four Square Mile uses the FHA limit for all of Arapahoe County (2026): $862,500 for a one-unit home and $1,658,700 for a four-unit home.

How much property tax do owners pay in Four Square Mile?

The typical homeowner in Four Square Mile pays $2,580 a year, according to the U.S. Census Bureau. That is 0.54% of the home’s value; in Arapahoe County, the rate is 0.52%.

Where can I find free help to buy or rent in Four Square Mile?

There is 1 HUD-approved counseling agency with an office in Arapahoe County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).