Affordable
Expensive
Expensive
Colorblind friendly
off
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 $267,068, lower than the Chicago average of $351,773.
The average cost of rent is $1,198/mo in Austin, primarily driven by the current value of real estate in the Austin area. In Austin, 56.36% of households rent, and 36.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Austin is $4,936 per month. Households that rent pay about 24.26% of their income on rent here. Austin’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: higher 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: higher 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: higher 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
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood