Home Price Key
Affordable
Average
Expensive
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 $156,080, lower than the Texas average of $235,268.
The average cost of rent is $1,101/mo in Abilene, primarily driven by the current value of real estate in the Abilene area. While nearly 48.51% of residents own their homes outright in Abilene, 40.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Abilene is $5,390 per month. Households that rent pay about 20.42% of their income on rent here. Abilene's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Dyess Afb, TX: higher priced homes
- Impact, TX: higher priced homes
- Tye, TX: less expensive homes
- Hamby, TX: equally priced homes
- View, TX: higher priced homes
- Hodges, TX: equally priced homes
- Eula, TX: less expensive homes
- Potosi, TX: less expensive 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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