In La Junta, a typical home is worth $194,800 and typical rent is $642 a month. Compared with all of Otero County, typical rent is 23% lower and the typical home value is 15% higher.
Typical home value from Zillow, September 2021 to September 2026: from $148,362 to $160,693.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
La Junta is in Otero County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Otero County. See the county
What this place has that others do not, from public data, most unusual first.
1
La Junta has the lowest typical rent of the 109 cities in Colorado with more than 5,000 people: $642.
2
La Junta has the 3rd lowest typical home value of the 110 cities in Colorado with more than 5,000 people ($194,800).
3
La Junta has the 6th lowest typical household income of the 113 cities in Colorado with more than 5,000 people ($52,315).
4
According to Zillow, in the 12 months to September 2026 the typical home value in La Junta fell 6%; in Colorado, it fell 1.3%.
5
Nearby, in Lamar, the typical home value is $152,900: 22% less than in La Junta ($194,800).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in La Junta
What homes there are in La Junta, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
La Junta
Otero County
Colorado
United States
Kind of home: La Junta and its comparisons
Measure
La Junta
Otero County
Colorado
United States
Detached house
76%
77%
61%
61%
Attached house
Unreliable estimate
Unreliable estimate
8%
6%
Building of 2 to 4
Unreliable estimate
5%
5%
8%
Apartments (5 or more)
Unreliable estimate
8%
23%
19%
Mobile home
Unreliable estimate
10%
4%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In La Junta, 8 in 10 homes are single-family detached houses, about the same as in Otero County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
La Junta
Otero County
Colorado
United States
Year built: La Junta and its comparisons
Measure
La Junta
Otero County
Colorado
United States
Before 1960
50%
53%
16%
26%
1960–1979
28%
23%
24%
24%
1980–1999
14%
14%
28%
25%
2000–2009
Unreliable estimate
6%
17%
14%
2010 or later
Unreliable estimate
3%
16%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K24%
$100K–$200K26%
$200K–$300K38%
$300K–$500K10%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: La Junta and its comparisons
Measure
La Junta
Under $100K
24%
$100K–$200K
26%
$200K–$300K
38%
$300K–$500K
10%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable
At least 99% of owner-occupied homes in La Junta are worth less than $500,000, below the FHA loan limit for Otero County ($541,287).
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99956%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: La Junta and its comparisons
Measure
La Junta
Under $500
Unreliable estimate
$500–$999
56%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,411 a month
Otero County: $1,370 a month
Without a mortgage
$469 a month
Otero County: $459 a month
Owners with a mortgage
59%
Otero County: 50%
The typical cost for an owner with a mortgage in La Junta is $1,411 a month, near the figure in Otero County ($1,370).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
La Junta+113%
Otero County+78%
Colorado+57%
United States+53%
Typical rent
La JuntaNo clear change
Otero County+24%
Colorado+39%
United States+33%
Typical household income
La Junta+32%
Otero County+42%
Colorado+32%
United States+29%
Change since 2015–2019: La Junta and its comparisons
Measure
La Junta
Otero County
Colorado
United States
Typical home value
+113%
+78%
+57%
+53%
Typical rent
No clear change
+24%
+39%
+33%
Typical household income
+32%
+42%
+32%
+29%
From 2015–2019 to 2020–2024, the typical home value in La Junta rose 113%; in Otero County, it rose 78%.
Rent in La Junta moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: La Junta and its comparisons
Measure
La Junta
Otero County
Colorado
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.1%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
2.4%
3.4%
People per household
2.25
2.35
2.42
2.53
Drive alone
79%
78%
65%
69%
Carpool
Unreliable estimate
10%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
2%
3%
Walk or bike
Unreliable estimate
5%
3%
3%
Work from home
Unreliable estimate
6%
21%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Otero County, a household in La Junta has 2.25 people on average.
To get to work, 79% of workers in La Junta drive alone; in Otero County, 78%.
Do the math
What would you pay each month for a home in La Junta?
A typical home is tight for the typical income
We start with a typical home in La Junta, worth $194,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 35% of the typical household income in La Junta, which is $52,315 a year. For that payment to be 28% of income, a household would need to earn about $64,720 a year.
The calculator's FHA and conventional loan limits are those of all of Otero County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in La Junta. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $6,818 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,510
at 7.18% · 30 years
Loan amount
$191,272
Total interest
$275,195
Paid off in
November 2056
Includes $3,290 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,221 a month
Tight
$1,221 to $1,569 a month
Your payment · 35%
Hard
more than $1,569 a month
Compared with the typical household income in La Junta ($52,315 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,296
Property tax
$47
Home insurance
$81
FHA mortgage insurance (MIP)
$86
You need at least $6,818 for the down payment, plus closing costs.
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.
Total monthly payment $1,510; principal and interest $1,296.
The city and its county
La Junta and Otero County
La Junta is in Otero 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).
La Junta
Map of Otero County, Colorado, with La Junta marked. Around it, the neighboring counties.
La Junta
Otero County
La Junta's own numbers
Typical home value
$194,800
Typical monthly rent
$642
Typical yearly household income
$52,315
Households that own their home
67%
Effective property tax rate
0.29%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Otero County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,059
Price change over 5 years (FHFA)
+50%
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 Otero County.
A typical home in La Junta is worth $194,800: 15% above the county and 64% below Colorado. With the typical household income in La Junta ($52,315 a year), a typical home costs 3.7 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.
La Junta3.7 years
Otero3.1 years
Colorado5.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Otero County
According to FHFA’s house price index, home prices in Otero County rose 115% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Otero County.
Yearly change in FHFA’s price index in Otero County, 2016 to 2025
2016: +2.6% +2.6% 2016
2017: +4.2% +4.2% 2017
2018: +9.1% +9.1% 2018
2019: +11.8% +11.8% 2019
2020: +10.0% +10.0% 2020
2021: +14.8% +14.8% 2021
2022: +19.1% +19.1% 2022
2023: −1.9% −1.9% 2023
2024: +11.0% +11.0% 2024
2025: +0.5% +0.5% 2025
Change in FHFA’s price index in Otero County, Colorado and the United States
Period
County
Colorado
U.S.
Last year (2025)
+0.5%
+0.1%
+2.9%
5 years (2020–2025)
+50%
+38%
+47%
10 years (2015–2025)
+115%
+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
La Junta next to Otero 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
La Junta$194,800
Otero$168,900
Colorado$539,400
United States$332,700
Typical monthly rent
La Junta$642
Otero$839
Colorado$1,761
United States$1,413
Typical yearly household income
La Junta$52,315
Otero$54,037
Colorado$95,470
United States$80,734
See the full table
La Junta next to Otero County and Colorado
Measure
La Junta
Otero County
Colorado
U.S.
Typical home value
$194,800 ▲15% above the county
$168,900
$539,400
$332,700
Typical monthly rent
$642 ▼23% below the county
$839
$1,761
$1,413
Typical yearly household income
$52,315 ▼3% below the county
$54,037
$95,470
$80,734
Households that own their home
67% ▼2 points below the county
69%
66%
65%
Typical yearly property tax
$562 ▲8% above the county
$520
$2,602
$3,119
Effective property tax rate
0.29% ▼0.02 points below the county
0.31%
0.48%
0.94%
Renters with high rent for their income
45% ▼1 points below the county
46%
53%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Otero 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 La Junta
For a typical $194,800 home in La Junta, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, La Junta's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,510a month
Least cash to close
Down payment
$6,818
Cash to close
$12,662
Rate
7.18%
Mortgage insurance
FHA MIP · $86
Conventional, 5% down$1,474a month
Down payment
$9,740
Cash to close
$15,584
Rate
7.18%
Mortgage insurance
PMI · $93
Conventional, 20% down, no PMI$1,184a month
Down payment
$38,960
Cash to close
$44,804
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,364a month
Down payment
$29,220
Cash to close
$35,064
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in La Junta
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,510
$6,818
$191,272
7.18%
FHA MIP · $86
$12,662
580
Conventional, 5% down
$1,474
$9,740
$185,060
7.18%
PMI · $93
$15,584
620*
Conventional, 20% down, no PMI
$1,184
$38,960
$155,840
7.18%
None
$44,804
620*
ITIN, 15% down (example)
$1,364
$29,220
$165,580
8.18%
None
$35,064
Set by the lender
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.
Typical rent in La Junta is $642 a month: 23% below the county. In La Junta, 45% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Otero County, by unit size. To pay the 2-bedroom one ($1,059 a month) without spending more than 30% of your income, you would need to earn $20.37 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Otero County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$787
$15.13
$31,480
1 bedroom
$810
$15.58
$32,400
2 bedrooms
$1,059
$20.37
$42,360
3 bedrooms
$1,359
$26.13
$54,360
4 bedrooms
$1,770
$34.04
$70,800
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 La Junta
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). La Junta is in ZIP code 81050.
For 2 bedrooms it is $1,020: $39 less than the fair market rent for Otero County ($1,059).
Fair market rent by ZIP code and size in La Junta, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
81050
$760
$780
$1,020
$1,310
$1,700
ZIP code2 bd3 bd
81050 $1,020$1,310
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for La Junta 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 9 buildings with rents for lower incomes in La Junta. These are the largest.
La Junta315 E 5th St, La Junta 8105086 low-income homes · Run by La Junta Housing Authority · Average payment: $481 a month · Average wait: 10 months · Homes at several sites(719) 384-9055
Morningside Heights1516 E 6th St, La Junta 8105050 low-income homes · For families(719) 384-7478
Santa Fe Village401 E 5th St, La Junta 8105030 low-income homes · For older adults(719) 384-9055
Townhouse Park801 Santa Fe Ave, La Junta 8105027 low-income homes · For families(719) 384-9055
Golden Maple Villa212 Maple Ave, La Junta 8105020 low-income homes · For older adults(719) 384-8394
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.
We found no HUD-approved agencies with an office in Otero County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for La Junta or Otero County. The ones below are statewide in Colorado: they work in La Junta the same as in the rest of the state.
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).
$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).
No legal help resource on our list is for La Junta or Otero County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for La Junta and all of Otero 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 La Junta?
The typical home value in La Junta is $194,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Otero County it is $168,900.
How much does it cost to rent in La Junta?
Typical rent in La Junta is $642 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Otero County is $1,059.
What is the FHA loan limit in La Junta?
La Junta uses the FHA limit for all of Otero County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in La Junta?
The typical homeowner in La Junta pays $562 a year, according to the U.S. Census Bureau. That is 0.29% of the home’s value; in Otero County, the rate is 0.31%.
Where can I find free help to buy or rent in La Junta?
We found no HUD-approved counseling agencies with an office in Otero County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
