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These days, finding an affordable place to live in the Abilene area can be challenging. Home prices in Abilene are now at a median cost of $199,082, lower than the Texas average of $322,096.
The average cost of rent is $1,311/mo in Abilene, primarily driven by the current value of real estate in the Abilene area. In Abilene, 40.62% of households rent, and 46.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Abilene is $6,067 per month. Households that rent pay about 21.60% of their income on rent here. Abilene’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dyess Afb, TX: higher priced homes
- Impact, TX: equally priced homes
- Tye, TX: less expensive homes
- Hamby, TX: equally priced homes
- View, TX: higher priced homes
- Hodges, TX: less expensive homes
- Eula, TX: less expensive homes
- Potosi, TX: equally priced homes
- Dudley, TX: less expensive homes
- Stith, TX: less expensive homes
Cities with Similar Populations
- Queens, NY: higher priced homes
- Chicago, IL: higher priced homes
- Brooklyn, NY: higher priced homes
- Bronx, NY: higher priced homes
- Philadelphia, PA: higher priced homes
- Washington, DC: higher priced homes
- St. Louis, MO: higher priced homes
- Staten Island, NY: higher priced homes
- Virginia Beach, VA: higher priced homes
- Detroit, MI: higher priced homes
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