The Most Affordable Neighborhoods in Cedar Ridge, Waco, TX by Home Value

 

Cedar Ridge, Waco, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cedar Ridge area can be challenging. Home prices in Cedar Ridge are now at a median cost of $166,525, higher than the Waco average of $139,074.

The average cost of rent is $694/mo in Cedar Ridge, primarily driven by the current value of real estate in the Cedar Ridge area. While nearly 44.87% of residents own their homes outright in Cedar Ridge, 63.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cedar Ridge is $3,265 per month. Households that rent pay about 21.26% of their income on rent here. Cedar Ridge's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the neighborhood.


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