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These days, finding an affordable place to live in the Burnet area can be challenging. Home prices in Burnet are now at a median cost of $350,229, higher than the Texas average of $322,096.
The average cost of rent is $1,004/mo in Burnet, primarily driven by the current value of real estate in the Burnet area. In Burnet, 20.93% of households rent, and 54.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Burnet is $6,993 per month. Households that rent pay about 14.35% of their income on rent here. Burnet’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fairland, TX: higher priced homes
- Bluffton, TX: equally priced homes
- Buchanan Dam, TX: equally priced homes
- Bertram, TX: equally priced homes
- Buchanan Lake Village, TX: less expensive homes
- Highland Haven, TX: higher priced homes
- Kingsland, TX: less expensive homes
- Oatmeal, TX: higher priced homes
- Tow, TX: less expensive homes
- Mahomet, TX: higher priced homes
Cities with Similar Populations
- Lumberton, NJ: higher priced homes
- Pleasant Hill, MO: less expensive homes
- Plattsmouth, NE: less expensive homes
- Platte City, MO: equally priced homes
- Piedmont, CA: higher priced homes
- Pepperell, MA: higher priced homes
- Pennington, NJ: higher priced homes
- Accokeek, MD: higher priced homes
- Macedonia, OH: less expensive homes
- Pleasanton, TX: less expensive homes
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