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 $296,250, lower than the Colorado average of $430,259.
The average cost of rent is $900/mo in Austin, primarily driven by the current value of real estate in the Austin area. While nearly 45.80% of residents own their homes outright in Austin, 16.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Austin is $5,612 per month. Households that rent pay about 16.04% of their income on rent here. Austin's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Orchard City, CO: equally priced homes
- Cory, CO: higher priced homes
- Eckert, CO: less expensive homes
- North Delta, CO: less expensive homes
- Delta, CO: less expensive homes
- Rogers Mesa, CO: equally priced homes
- Cedaredge, CO: less expensive homes
- Lazear, CO: equally priced homes
- Olathe, CO: less expensive homes
- Hotchkiss, CO: equally priced homes
Cities with Similar Populations
- Youngs Creek, IN: less expensive homes
- Hillsgrove, PA: less expensive homes
- Wrights, IL: less expensive homes
- Palava, TX: less expensive homes
- New Zion, KY: less expensive homes
- Evansville, AR: less expensive homes
- Evans Falls, PA: less expensive homes
- Oakwood, ND: less expensive homes
- Odessadale, GA: less expensive homes
- Erwin, SD: less expensive homes
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