New - 20 Hours Ago
$500,000
Active
3
Beds
3
Baths
2035
Sqft
0.1936
Acres
12676 Enclave Scenic Dr, Peyton, CO 80831
MLS#: 4468110
Colorado Springs is not an inexpensive city to live. It's less expensive than many other parts of Colorado, but it's still more expensive than most of the country. To help people find the most affordable neighborhoods, we compared the price per square foot for every neighborhood in El Paso County in 2025 and organized them accordingly.
These numbers show exactly which areas cost the least to live in, per square foot. We added a bonus neighborhood at the end that you'll want to know about, so be sure to read all the way to the end. Let's dig in and see which neighborhoods in Colorado Springs are the most affordable today.
Here Are The 5 Most Affordable Neighborhoods in Colorado Springs:
1
MERIDIAN RANCH
Price Per Square Foot
$167
Average home size
3,384 sq. ft.
Median sales price
$555,000
Why Meridian Ranch Saves You Money
Meridian Ranch sits just northeast of the city limits in Falcon. Buyers choose this area because the price per square foot drops significantly out here. You can buy a much larger house compared to the northern city suburbs. The neighborhood features a large recreation center with an indoor pool.
Homeowners also have access to the Antler Creek Golf Course, which offers country club amenities without the steep price tag. Local property taxes fund the beautiful neighborhood parks, and a dedicated utility board keeps the water bills predictable. People love how much extra space they get for their money here. You get a quiet suburban lifestyle with serious financial upside.
Top Community Highlights
- Lower Price Per Foot: Buyers lock in larger floor plans for much less money than city properties.
- Antler Creek Golf Course: A public 18-hole golf course winds right through the local streets.
- Large Recreation Center: The local facility includes a huge indoor fieldhouse for all-season sports.
- District 49 Schools: Students attend neighborhood schools within the community's actual boundaries.
- Meridian Service District: A specific utility board manages the water supply to keep monthly costs stable.
Local shopping centers sit right next to the neighborhood and provide convenient shopping when you need it. People enjoy the lower price per square foot here. This neighborhood gives you a small-town feel with big-city perks.
Some of the older homes here have nice, large lots with some distance from neighbors. This flexibility gives you multiple price points to perfectly match your budget. People gain a quiet rural lifestyle without sacrificing easy access to the main city.
You get an established neighborhood with fully grown trees shading the streets. Residents save serious cash every month because there is no mandatory homeowners' association. It offers a solid way to live in a premium area on a reasonable budget.
Most properties feature modern designs built after the year 2000. The gently sloping terrain provides incredible views of the Rocky Mountains right from your porch. Residents enjoy immediate access to an extensive network of paved walking trails. The neighborhood connects perfectly to major retail centers for quick daily errands.
That massive extra fee wipes out the low purchase price pretty fast. Mortgage lenders will count that high land rent against your total approval amount. You don't pay normal real estate taxes here. This unique perk actually softens the blow slightly for some buyers. These properties are factory-built manufactured homes with attached two-car garages. It works well for cash buyers who want community amenities and low taxes. People financing a home need to do the math very carefully before buying. Your Realtor will explain the pros and cons of this community.
