Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Colony area can be challenging. Home prices in Colony are now at a median cost of $279,200, higher than the Texas average of $235,268.
The average cost of rent is $806/mo in Colony, primarily driven by the current value of real estate in the Colony area. While nearly 73.99% of residents own their homes outright in Colony, 11.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colony is $4,860 per month. Households that rent pay about 16.59% of their income on rent here. Colony's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Flatonia, TX: less expensive homes
- Praha, TX: less expensive homes
- Floy, TX: less expensive homes
- Waelder, TX: less expensive homes
- Thompsonville, TX: less expensive homes
- Engle, TX: less expensive homes
- Muldoon, TX: less expensive homes
- Novohrad, TX: less expensive homes
- Stellar, TX: less expensive homes
- Jeddo, TX: equally priced homes
Cities with Similar Populations
- Livonia Center, NY: less expensive homes
- Rockham, SD: less expensive homes
- Rock River, WY: higher priced homes
- Rock Mills, VA: higher priced homes
- Robinson, ND: less expensive homes
- Roberts, MS: less expensive homes
- Roberts Landing, MI: less expensive homes
- Riverview, TN: less expensive homes
- Riley, OR: less expensive homes
- Richardson, KY: less expensive homes
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