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Affordable
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These days, finding an affordable place to live in the Flower Mound area can be challenging. Home prices in Flower Mound are now at a median cost of $595,120, higher than the Texas average of $322,096.
The average cost of rent is $2,403/mo in Flower Mound, primarily driven by the current value of real estate in the Flower Mound area. In Flower Mound, 19.49% of households rent, and 31.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Flower Mound is $14,123 per month. Households that rent pay about 17.02% of their income on rent here. Flower Mound’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Double Oak, TX: higher priced homes
- Highland Village, TX: equally priced homes
- Lewisville, TX: less expensive homes
- Copper Canyon, TX: higher priced homes
- Bartonville, TX: higher priced homes
- Hickory Creek, TX: less expensive homes
- Trophy Club, TX: higher priced homes
- Grapevine, TX: less expensive homes
- Coppell, TX: equally priced homes
- Lake Dallas, TX: less expensive homes
Cities with Similar Populations
- Wilmington, DE: less expensive homes
- Williamsburg, VA: less expensive homes
- Wilmington, NC: less expensive homes
- Warner Robins, GA: less expensive homes
- Warren, MI: less expensive homes
- West Chester, PA: equally priced homes
- Warwick, RI: less expensive homes
- Waukesha, WI: less expensive homes
- Whittier, CA: higher priced homes
- Waukegan, IL: less expensive homes
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