The Most Affordable Neighborhoods in Eldorado Heights, McKinney, TX by Home Value

 

Eldorado Heights, McKinney, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Eldorado Heights area can be challenging. Home prices in Eldorado Heights are now at a median cost of $393,701, lower than the McKinney average of $497,008.

The average cost of rent is $2,469/mo in Eldorado Heights, primarily driven by the current value of real estate in the Eldorado Heights area. In Eldorado Heights, 12.56% of households rent, and 21.84% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Eldorado Heights is $11,297 per month. Households that rent pay about 21.85% of their income on rent here. Eldorado Heights’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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