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These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $118,373, lower than the Texas average of $322,096.
The average cost of rent is $828/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. In Hamilton, 24.44% of households rent, and 64.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $3,909 per month. Households that rent pay about 21.19% of their income on rent here. Hamilton’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Indian Gap, TX: higher priced homes
- Lanham, TX: higher priced homes
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- Purmela, TX: higher priced homes
- Pottsville, TX: higher priced homes
- Pancake, TX: higher priced homes
- Energy, TX: higher priced homes
- Jonesboro, TX: higher priced homes
- Levita, TX: higher priced homes
Cities with Similar Populations
- Ben Wheeler, TX: higher priced homes
- Cambridge, NY: higher priced homes
- Captain Cook, HI: higher priced homes
- West DeLand, FL: higher priced homes
- Nashville, MI: higher priced homes
- Northfield, MA: higher priced homes
- Ottawa Lake, MI: higher priced homes
- Roseau, MN: higher priced homes
- Standish, MI: equally priced homes
- Stroud, OK: higher priced homes
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