Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the El Lago area can be challenging. Home prices in El Lago are now at a median cost of $241,267, higher than the Texas average of $235,268.
The average cost of rent is $1,244/mo in El Lago, primarily driven by the current value of real estate in the El Lago area. While nearly 50.85% of residents own their homes outright in El Lago, 50.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in El Lago is $6,273 per month. Households that rent pay about 19.83% of their income on rent here. El Lago's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Seabrook, TX: equally priced homes
- Taylor Lake Village, TX: higher priced homes
- Clear Lake Shores, TX: higher priced homes
- Kemah, TX: higher priced homes
- Nassau Bay, TX: higher priced homes
- Shoreacres, TX: equally priced homes
- Bacliff, TX: less expensive homes
- Webster, TX: less expensive homes
- League City, TX: higher priced homes
- La Porte, TX: less expensive homes
Cities with Similar Populations
- Carmel Valley, CA: higher priced homes
- Comer, GA: less expensive homes
- Dresden, OH: less expensive homes
- Attica, IN: less expensive homes
- Lake City, PA: less expensive homes
- Luther, OK: less expensive homes
- Mount Jackson, VA: less expensive homes
- Nescopeck, PA: less expensive homes
- New Middletown, OH: less expensive homes
- Parma, MI: less expensive homes
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