Colo, located in Story County, Iowa, is a small, welcoming community known for its family-friendly atmosphere and rich agricultural heritage. This charming town offers residents a peaceful lifestyle with access to essential amenities and recreational activities. The following article explores the best residential areas in Colo, highlighting their characteristics, housing options, and average prices.
Table of Contents
Downtown Colo

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Downtown Colo is the vibrant center of the community where you will find local shops, cafes, and the town's cultural activities. This area is ideal for those who wish to immerse themselves in community life.
Characteristics of the Downtown Colo
* Culture: Community events, local arts, and small-town charm
* Transportation: Walking-friendly, limited public transportation
* Services: Grocery store, post office, local businesses
* Environment: Friendly and community-oriented
Housing Options in the Downtown Colo
Single-family homes, townhouses
Average Home Prices in the Downtown Colo
* Buying: $140,000 – $220,000
* Renting: $900 – $1,400/month
Colo Neighborhoods

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Surrounding the downtown area, these neighborhoods offer quiet streets and family-friendly parks. A great option for families looking for a suburban feel.
Characteristics of the Colo Neighborhoods
* Culture: Active community with family-centric activities
* Transportation: Car recommended for commutes
* Services: Parks, schools, recreational facilities
* Environment: Safe and suburban
Housing Options in the Colo Neighborhoods
Single-family homes, split-level houses
Average Home Prices in the Colo Neighborhoods
* Buying: $160,000 – $250,000
* Renting: $1,000 – $1,500/month
Colo-Eldora Area

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Located just outside town, the Colo-Eldora area provides a tranquil setting with more space and proximity to scenic landscapes. Ideal for those who enjoy rural living with the convenience of town amenities.
Characteristics of the Colo-Eldora Area
* Culture: Outdoor activities, gardening, rural events
* Transportation: Car needed, good access to highways
* Services: Limited local shops, nearby towns provide more options
* Environment: Quiet and spacious
Housing Options in the Colo-Eldora Area
Larger homes on estates, ranch-style homes
Average Home Prices in the Colo-Eldora Area
* Buying: $180,000 – $300,000
* Renting: $1,150 – $1,800/month
Parkside Area

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Parkside Area features access to several parks and recreational facilities for families. A great option for those looking for outdoor activities and community features.
Characteristics of the Parkside Area
* Culture: Family sports, seasonal events, community gatherings
* Transportation: Walking paths and bicycle-friendly roads
* Services: Access to parks, schools, community centers
* Environment: Active and communal
Housing Options in the Parkside Area
Modern single-family homes, townhouses
Average Home Prices in the Parkside Area
* Buying: $175,000 – $260,000
* Renting: $1,050 – $1,600/month
Farmington Heights

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This residential area is characterized by larger lots and majestic views of Iowa's rolling hills, providing a serene atmosphere. Perfect for those who appreciate privacy and space.
Characteristics of the Farmington Heights
* Culture: Nature appreciation, farming, and gardening
* Transportation: Car necessary, near rural roads
* Services: Local grocery stores and farms nearby
* Environment: Peaceful and scenic
Housing Options in the Farmington Heights
Custom-built homes, farmhouses
Average Home Prices in the Farmington Heights
* Buying: $200,000 – $320,000
* Renting: $1,200 – $1,900/month
Willow Creek Estates

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An upscale neighborhood featuring spacious homes and manicured lawns, Willow Creek Estates offers a sense of luxury while remaining family-friendly.
Characteristics of the Willow Creek Estates
* Culture: Upscale living, social clubs, community events
* Transportation: Car recommended, well-planned roads
* Services: High-end shops and restaurants nearby
* Environment: Sophisticated and comfortable
Housing Options in the Willow Creek Estates
Luxury single-family homes
Average Home Prices in the Willow Creek Estates
* Buying: $250,000 – $450,000
* Renting:
Frequently Asked Questions About the Best Residential Areas in Colo:
The best residential areas in Colo include Downtown Colo, Colo Neighborhoods, Colo-Eldora Area, Parkside Area, Farmington Heights, and Willow Creek Estates.
Both the Parkside Area and Downtown Colo offer various family activities and access to schools and parks, making them very family-friendly.
Average home prices in Colo range from $140,000 to $450,000, depending on the neighborhood and home features.
Yes, Colo is served by the Colo-NESCO Community School District, which has a reputation for quality education and family-oriented values.
Colo has limited public transportation; residents typically rely on cars for commuting and getting around.
Downtown Colo features grocery shops, cafes, local businesses, and community centers, providing essential amenities to residents.
Colo offers various outdoor recreational activities, including parks, sports events, and nature trails for residents to enjoy.
Colo is known for being a safe and friendly community with low crime rates, making it appealing for families and retirees.
Colo has a strong sense of community, with regular events, festivals, and gatherings that promote neighborly interaction and local pride.
While Colo itself has limited shopping options, nearby larger towns offer a variety of shopping centers and retail stores.
Conclusion on the Best Residential Areas in Colo:
Colo, Iowa, offers a variety of residential neighborhoods, each with its unique charm and advantages. Whether you prefer the vibrant atmosphere of Downtown Colo, the tranquility of rural living in the Colo-Eldora area, or the family-friendly parks in Parkside Area, there is something for everyone. With a safe environment, access to quality education, and a strong sense of community, Colo provides an excellent living experience for families, retirees, and professionals alike. Your choice of neighborhood will ultimately depend on your lifestyle preferences and housing needs.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.