Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Houston area can be challenging. Home prices in Downtown Houston are now at a median cost of $243,869, lower than the Houston average of $247,468.
The average cost of rent is $1,637/mo in Downtown Houston, primarily driven by the current value of real estate in the Downtown Houston area. While nearly 53.70% of residents own their homes outright in Downtown Houston, 93.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Houston is $6,706 per month. Households that rent pay about 24.42% of their income on rent here. Downtown Houston's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Fourth Ward, Houston, TX: higher priced homes
- Midtown, Houston, TX: higher priced homes
- Greater Fifth Ward, Houston, TX: less expensive homes
- Washington Avenue-Memorial Park, Houston, TX: higher priced homes
- Montrose, Houston, TX: higher priced homes
- Rice Military, Houston, TX: higher priced homes
- East End, Houston, TX: less expensive homes
- Kashmere Gardens, Houston, TX: less expensive homes
- Greater Heights, Houston, TX: higher priced homes
- Denver Harbor-Port Houston, Houston, TX: less expensive homes
Neighborhoods with Similar Populations
- West of Twin Peaks, San Francisco, CA: higher priced homes
- Citizens Southwest, Jackson, MS: less expensive homes
- Whitmer-Trilby, Toledo, OH: less expensive homes
- Pinnacle Peak, Scottsdale, AZ: higher priced homes
- Joaquin, Provo, UT: higher priced homes
- Delmar Parkway, Aurora, CO: higher priced homes
- Desert Hills, Cave Creek, AZ: higher priced homes
- Western Branch South, Chesapeake, VA: higher priced homes
- Heron Walk, Madison, TN: less expensive homes
- Koolauloa, Laie, HI: higher priced homes
All Local Stats
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