Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Allen area can be challenging. Home prices in Allen are now at a median cost of $393,355, higher than the Texas average of $235,268.
The average cost of rent is $1,796/mo in Allen, primarily driven by the current value of real estate in the Allen area. While nearly 25.90% of residents own their homes outright in Allen, 28.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Allen is $11,080 per month. Households that rent pay about 16.21% of their income on rent here. Allen's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Fairview, TX: equally priced homes
- Parker, TX: higher priced homes
- Lucas, TX: higher priced homes
- Plano, TX: equally priced homes
- McKinney, TX: less expensive homes
- Murphy, TX: equally priced homes
- St. Paul, TX: equally priced homes
- Lowry Crossing, TX: less expensive homes
- Wylie, TX: less expensive homes
- Frisco, TX: higher priced homes
Cities with Similar Populations
- Troy, MI: less expensive homes
- San Diego, CA: higher priced homes
- San Francisco, CA: higher priced homes
- San Pedro, CA: higher priced homes
- Snellville, GA: less expensive homes
- Simi Valley, CA: higher priced homes
- Fredericksburg, VA: less expensive homes
- Denver, CO: higher priced homes
- Cypress, TX: less expensive homes
- Detroit, MI: less expensive homes
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