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These days, finding an affordable place to live in the Dorchester area can be challenging. Home prices in Dorchester are now at a median cost of $246,350, lower than the Texas average of $322,096.
The average cost of rent is $2,071/mo in Dorchester, primarily driven by the current value of real estate in the Dorchester area. In Dorchester, 14.49% of households rent, and 38.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dorchester is $7,965 per month. Households that rent pay about 26.00% of their income on rent here. Dorchester’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Southmayd, TX: less expensive homes
- Howe, TX: higher priced homes
- Gunter, TX: higher priced homes
- Sherman, TX: equally priced homes
- Luella, TX: higher priced homes
- Ethel, TX: higher priced homes
- Elmont, TX: higher priced homes
- Marilee, TX: higher priced homes
- Knollwood, TX: equally priced homes
- White Mound, TX: higher priced homes
Cities with Similar Populations
- Cerro, NM: higher priced homes
- Spring Glen, PA: less expensive homes
- Speed, WV: less expensive homes
- Singleton, TN: higher priced homes
- Short, TX: less expensive homes
- Farnhamville, IA: less expensive homes
- Cornersville, MS: less expensive homes
- Corbin City, NJ: equally priced homes
- Corbett, NC: less expensive homes
- Collins, WI: equally priced homes
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