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These days, finding an affordable place to live in the Georgetown area can be challenging. Home prices in Georgetown are now at a median cost of $488,694, higher than the Texas average of $322,096.
The average cost of rent is $1,934/mo in Georgetown, primarily driven by the current value of real estate in the Georgetown area. In Georgetown, 23.59% of households rent, and 31.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Georgetown is $10,301 per month. Households that rent pay about 18.78% of their income on rent here. Georgetown’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Weir, TX: less expensive homes
- Round Rock, TX: equally priced homes
- Jonah, TX: less expensive homes
- Brushy Creek, TX: equally priced homes
- Leander, TX: equally priced homes
- Walburg, TX: less expensive homes
- Liberty Hill, TX: higher priced homes
- Hutto, TX: less expensive homes
- New Corn Hill, TX: less expensive homes
- Cedar Park, TX: equally priced homes
Cities with Similar Populations
- Newnan, GA: less expensive homes
- New Orleans, LA: less expensive homes
- North Charleston, SC: less expensive homes
- New Rochelle, NY: higher priced homes
- Newark, NJ: less expensive homes
- Norristown, PA: less expensive homes
- New Haven, CT: less expensive homes
- Oakland, CA: higher priced homes
- Norfolk, VA: less expensive homes
- Norcross, GA: less expensive homes
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