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City · 7,611 residents · Prowers County, Colorado

Lamar , Colorado

In Lamar, a typical home is worth $152,900 and typical rent is $858 a month. Compared with all of Prowers County, typical rent is 6% higher.

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  • Typical home value

    $152,900

    5% below the county

    72% below Colorado

    • Lamar
    • Prowers
    • Colorado

  • Typical rent

    $858a month

    6% above the county

    51% below Colorado

    • Lamar
    • Prowers
    • Colorado

  • Typical household income

    $53,188a year

    About the same as the county

    44% below Colorado

    • Lamar
    • Prowers
    • Colorado

  • Households that own their home

    64%

    3 points below the county

    2 points below Colorado

    • Lamar
    • Prowers
    • Colorado

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

Market now, with Zillow data

Zillow data
Typical home value
$179,522
0.8% less than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Lamar is in Prowers 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 Prowers County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Lamar apart

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

  1. Lamar has the 2nd lowest typical home value of the 110 cities in Colorado with more than 5,000 people ($152,900).

  2. Lamar has the 4th lowest typical rent of the 109 cities in Colorado with more than 5,000 people ($858).

  3. Nearby, in La Junta, the typical rent is $642: 25% less than in Lamar ($858).

  4. Lamar has the 7th lowest typical household income of the 113 cities in Colorado with more than 5,000 people ($53,188).

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

The homes here

Housing in Lamar

What homes there are in Lamar, 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

In Lamar, 7 in 10 homes are single-family detached houses, about the same as in Prowers County.

Year built

In Lamar, half of the homes were built before 1971; in Prowers County, before 1971.

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

About 67% of rented homes in Lamar cost less than HUD's 2-bedroom fair market rent for Prowers County ($1,050).

With a mortgage

$1,242 a month

Prowers County: $1,333 a month

Without a mortgage

$522 a month

Prowers County: $495 a month

Owners with a mortgage

50%

Prowers County: 46%

In Lamar, 50% of owners have a mortgage, and their typical cost is $1,242 a month, against $1,333 in Prowers County. Without one it drops to $522.

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

Much as in Prowers County, the typical home value in Lamar rose 54% since 2015–2019.

The typical rent in Lamar rose 17% since 2015–2019, about the same as in Prowers County (16%).

While home values in Lamar changed +54% and rent +17%, the typical household income rose 30%.

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

MeasureLamarProwers CountyColoradoUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.4%3.4%
People per household 2.422.442.422.53
Drive alone 84%83%65%69%
Carpool 7%7%8%9%
Public transit Unreliable estimateUnreliable estimate2%3%
Walk or bike Unreliable estimate1%3%3%
Work from home Unreliable estimate6%21%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute under 10 minutesunder 10 minutes20 to 29 minutes20 to 29 minutes

Much as in Prowers County, a household in Lamar has 2.42 people on average.

The car rules in Lamar: 84% of workers drive to work alone, and the typical trip takes under 10 minutes.

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 Lamar?

A typical home is within reach of the typical income

We start with a typical home in Lamar, worth $152,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 27% of the typical household income in Lamar, which is $53,188 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Lamar. 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 $5,352 (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

$1,185

at 7.18% · 30 years

Loan amount
$150,130
Total interest
$216,002
Paid off in
November 2056

Includes $2,582 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,241 a month

    Your payment · 27%

  • Tight

    $1,241 to $1,596 a month

  • Hard

    more than $1,596 a month

Compared with the typical household income in Lamar ($53,188 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,185
Principal & interest$1,017
Property tax$37
Home insurance$64
FHA mortgage insurance (MIP)$68

You need at least $5,352 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

Lamar and Prowers County

Lamar is in Prowers 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).

Lamar's own numbers

Typical home value
$152,900
Typical monthly rent
$858
Typical yearly household income
$53,188
Households that own their home
64%
Effective property tax rate
0.29%

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

Numbers for all of Prowers County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,050
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
2.5%

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 Prowers County.

Everything about Prowers County

Buying

Buying a home in Lamar

A typical home in Lamar is worth $152,900: 5% below the county and 72% below Colorado. With the typical household income in Lamar ($53,188 a year), a typical home costs 2.9 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.

  • Lamar 2.9 years
  • Prowers 3.0 years
  • Colorado 5.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Prowers County

According to FHFA’s house price index, home prices in Prowers County rose 129% in the 10 years through 2025.

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

Period County Colorado U.S.
Last year (2025) −1.0% +0.1% +2.9%
5 years (2020–2025) +61% +38% +47%
10 years (2015–2025) +129% +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

Lamar next to Prowers 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
  • Lamar $152,900
  • Prowers $160,600
  • Colorado $539,400
  • United States $332,700
Typical monthly rent
  • Lamar $858
  • Prowers $808
  • Colorado $1,761
  • United States $1,413
Typical yearly household income
  • Lamar $53,188
  • Prowers $53,508
  • Colorado $95,470
  • United States $80,734
See the full table
Lamar next to Prowers County and Colorado
Measure Lamar Prowers County Colorado U.S.
Typical home value $152,900 $160,600 $539,400 $332,700
Typical monthly rent $858 $808 $1,761 $1,413
Typical yearly household income $53,188 $53,508 $95,470 $80,734
Households that own their home 64% 67% 66% 65%
Typical yearly property tax $441 $487 $2,602 $3,119
Effective property tax rate 0.29% 0.3% 0.48% 0.94%
Renters with high rent for their income 65% 59% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Prowers 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 Lamar

For a typical $152,900 home in Lamar, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lamar's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,185a month

    Least cash to close
    Down payment
    $5,352
    Cash to close
    $9,939
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $68

  • Conventional, 5% down $1,157a month

    Down payment
    $7,645
    Cash to close
    $12,232
    Rate
    7.18%
    Mortgage insurance
    PMI · $73

  • Conventional, 20% down, no PMI $929a month

    Down payment
    $30,580
    Cash to close
    $35,167
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,071a month

    Down payment
    $22,935
    Cash to close
    $27,522
    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 Lamar and for Prowers County.

Property tax

Effective rate in Lamar

0.29%of the home’s value each year

$441 a year for the typical owner in Lamar.

  • Lamar 0.29%
  • Prowers 0.3%
  • 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 Prowers County

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

Homes in the high-risk zone
2.5%
142
Of those, with NFIP insurance
7.8%
County Colorado U.S.
Homes in the high-risk zone 2.5% 1.1% 3.5%
Of those, with NFIP insurance 7.8% 24% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Lamar

Typical rent in Lamar is $858 a month: 6% above the county. In Lamar, 65% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Prowers County, by unit size. To pay the 2-bedroom one ($1,050 a month) without spending more than 30% of your income, you would need to earn $20.19 an hour working full time.

HUD fair market rent for all of Prowers 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 $780 $15.00 $31,200
1 bedroom $907 $17.44 $36,280
2 bedrooms $1,050 $20.19 $42,000
3 bedrooms $1,419 $27.29 $56,760
4 bedrooms $1,631 $31.37 $65,240

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 Lamar

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lamar is in ZIP code 81052.

For 2 bedrooms it is $1,090: $40 more than the fair market rent for Prowers County ($1,050).

  • 81052 $1,090$1,470

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lamar 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?

Low-income apartments

Low-income apartments in Lamar

HUD lists 4 buildings with rents for lower incomes in Lamar. These are the largest.

  • Normandy Gardens 400 E College Rd, Lamar 81052 50 low-income homes · For families (719) 336-4096
  • Strainhurst Courts 206E E Cedar St, Lamar 81052 50 low-income homes · For older adults (719) 336-9575
  • Plains View Apts 1705 S 11th St, Lamar 81052 45 low-income homes · 2 bd: 29 · 3 bd: 16 · In service since 2001
  • Lamar 1106 Parkview Ave, Lamar 81052 30 low-income homes · Run by Housing Authority of the City of Lamar · Average payment: $380 a month · Average wait: 5 months (719) 336-9575

See all 5 buildings in Prowers County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Lamar

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 Prowers County. The nearest ones are below; many serve by phone or online.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Lamar

No down payment, repair or rent-help program on our list is for Lamar or Prowers County. The ones below are statewide in Colorado: they work in Lamar 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 Lamar

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

  • Neighborworks Southern Colorado

    1241 E Routt Ave, Pueblo · 109 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (719) 544-8078

  • Community Economic Defense Project Cedp- Colorado Springs

    1520 Verde Dr, Colorado Springs · 127 miles away · Spanish

    • Mortgage delinquency and default
    • Homelessness services
    • and 1 more
    (303) 276-5705

  • Upper Arkansas Area Council of Governments

    3224 Independence Rd Unit A, Canon City · 142 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (719) 269-7687

All counseling agencies in Colorado

Help in Spanish near Lamar

1 of the 3 agencies on this list says it serves 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 Lamar

HUD’s record names them for Lamar or Prowers County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of Lamar Public housing and Section 8 vouchers (719) 336-9575

One other authority has an office in Prowers County: see the list Source: HUD

Cities

Nearby cities

The cities closest to Lamar, with the typical home value.

Everything about Prowers County Housing in Colorado

Neighboring counties

If Prowers 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 Lamar.

All guides
A family walks a boardwalk trail in the forest; one of them uses a wheelchair.

Questions

Housing questions about Lamar

Short answers with the numbers for Lamar and all of Prowers 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 Lamar?

The typical home value in Lamar is $152,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Prowers County it is $160,600.

How much does it cost to rent in Lamar?

Typical rent in Lamar is $858 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Prowers County is $1,050.

What is the FHA loan limit in Lamar?

Lamar uses the FHA limit for all of Prowers 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 Lamar?

The typical homeowner in Lamar pays $441 a year, according to the U.S. Census Bureau. That is 0.29% of the home’s value; in Prowers County, the rate is 0.3%.

Where can I find free help to buy or rent in Lamar?

We found no HUD-approved counseling agencies with an office in Prowers County; the nearest ones are on this page. 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).