Expensive
Affordable
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These days, finding an affordable place to live in the DeSoto area can be challenging. Home prices in DeSoto are now at a median cost of $314,242, lower than the Texas average of $322,096.
The average cost of rent is $2,023/mo in DeSoto, primarily driven by the current value of real estate in the DeSoto area. In DeSoto, 30.08% of households rent, and 31.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in DeSoto is $7,700 per month. Households that rent pay about 26.27% of their income on rent here. DeSoto’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Glenn Heights, TX: less expensive homes
- Lancaster, TX: less expensive homes
- Duncanville, TX: less expensive homes
- Ovilla, TX: higher priced homes
- Cedar Hill, TX: equally priced homes
- Oak Leaf, TX: higher priced homes
- Red Oak, TX: higher priced homes
- Pecan Hill, TX: higher priced homes
- Hutchins, TX: less expensive homes
- Wilmer, TX: less expensive homes
Cities with Similar Populations
- Yucaipa, CA: higher priced homes
- Chicopee, MA: less expensive homes
- West Haven, CT: equally priced homes
- Commerce City, CO: higher priced homes
- Crestview, FL: equally priced homes
- Culver City, CA: higher priced homes
- Danville, VA: less expensive homes
- Loveland, OH: higher priced homes
- Kaneohe, HI: higher priced homes
- Lufkin, TX: less expensive homes
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