Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Austin area can be challenging. Home prices in Austin are now at a median cost of $228,550, lower than the Chicago average of $290,679.
The average cost of rent is $1,067/mo in Austin, primarily driven by the current value of real estate in the Austin area. While nearly 35.05% of residents own their homes outright in Austin, 56.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Austin is $4,051 per month. Households that rent pay about 26.34% of their income on rent here. Austin's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Nearby Neighborhoods
- Moreland, Chicago, IL: less expensive homes
- Ridgeland, Oak Park, IL: higher priced homes
- Mandell, Chicago, IL: less expensive homes
- Edmund F Burton, Oak Park, IL: higher priced homes
- Hanson Park, Chicago, IL: higher priced homes
- Samuel A Rothermel, Oak Park, IL: equally priced homes
- Central Park, Chicago, IL: less expensive homes
- Belmont Cragin, Chicago, IL: higher priced homes
- Kelvyn Grove, Chicago, IL: higher priced homes
- Humboldt Park, Chicago, IL: equally priced homes
Neighborhoods with Similar Populations
- Northeast, Virginia Beach, VA: higher priced homes
- Far North Dallas-Keller, Keller, TX: higher priced homes
- Centennial Hills, Las Vegas, NV: higher priced homes
- Far Rockaway, Queens, NY: higher priced homes
- Far Northeast, Humble, TX: equally priced homes
- Millcreek, Salt Lake City, UT: higher priced homes
- Covina-Valley, Covina, CA: higher priced homes
- Sunnyside, Queens, NY: higher priced homes
- Santa Teresa, San Jose, CA: higher priced homes
- Ridgewood, Queens, NY: higher priced homes
All Local Stats
Home Services
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