The Most Affordable Neighborhoods in Greater Fifth Ward, Houston, TX by Home Value

 

Greater Fifth Ward, Houston, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Greater Fifth Ward area can be challenging. Home prices in Greater Fifth Ward are now at a median cost of $110,504, lower than the Houston average of $247,468.

The average cost of rent is $716/mo in Greater Fifth Ward, primarily driven by the current value of real estate in the Greater Fifth Ward area. While nearly 67.83% of residents own their homes outright in Greater Fifth Ward, 63.58% rent.

Housing affordability isn’t just about home prices, though. The average household income in Greater Fifth Ward is $2,786 per month. Households that rent pay about 25.69% of their income on rent here. Greater Fifth Ward's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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