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These days, finding an affordable place to live in the Frisco area can be challenging. Home prices in Frisco are now at a median cost of $505,535, higher than the Texas average of $235,268.
The average cost of rent is $2,041/mo in Frisco, primarily driven by the current value of real estate in the Frisco area. While nearly 24.87% of residents own their homes outright in Frisco, 27.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frisco is $12,157 per month. Households that rent pay about 16.79% of their income on rent here. Frisco's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Hackberry, TX: less expensive homes
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- McKinney, TX: less expensive homes
- Hebron, TX: equally priced homes
- Allen, TX: less expensive homes
Cities with Similar Populations
- Rochester Hills, MI: less expensive homes
- Richmond, CA: equally priced homes
- Renton, WA: equally priced homes
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- High Point, NC: less expensive homes
- Hialeah, FL: less expensive homes
- Greenville, NC: less expensive homes
- Harrisburg, PA: less expensive homes
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