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These days, finding an affordable place to live in the Anderson area can be challenging. Home prices in Anderson are now at a median cost of $347,465, higher than the Texas average of $322,096.
The average cost of rent is $1,186/mo in Anderson, primarily driven by the current value of real estate in the Anderson area. In Anderson, 12.06% of households rent, and 56.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Anderson is $7,842 per month. Households that rent pay about 15.12% of their income on rent here. Anderson’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Apolonia, TX: higher priced homes
- Erwin, TX: less expensive homes
- Roans Prairie, TX: less expensive homes
- Carlos, TX: equally priced homes
- Richards, TX: less expensive homes
- Piedmont, TX: equally priced homes
- Shiro, TX: less expensive homes
- Singleton, TX: less expensive homes
- Keith, TX: less expensive homes
- Honea, TX: higher priced homes
Cities with Similar Populations
- Whitehorse, NM: less expensive homes
- Hot Springs, MT: less expensive homes
- Irvington, VA: higher priced homes
- Harwood, ND: equally priced homes
- Grizzly Flats, CA: higher priced homes
- Calvert, TX: less expensive homes
- Good Hope, OH: less expensive homes
- Mantua, UT: higher priced homes
- Mill Creek, IN: less expensive homes
- Floodwood, MN: less expensive homes
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