Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hammond area can be challenging. Home prices in Hammond are now at a median cost of $177,946, lower than the Texas average of $235,268.
The average cost of rent is $798/mo in Hammond, primarily driven by the current value of real estate in the Hammond area. While nearly 66.04% of residents own their homes outright in Hammond, 4.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hammond is $6,015 per month. Households that rent pay about 13.26% of their income on rent here. Hammond's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Eloise, TX: less expensive homes
- Tidwell Prairie, TX: less expensive homes
- Bremond, TX: less expensive homes
- Reagan, TX: less expensive homes
- Wilderville, TX: less expensive homes
- Briary, TX: higher priced homes
- Pleasant Grove, TX: less expensive homes
- Petteway, TX: higher priced homes
- New Baden, TX: less expensive homes
- Owensville, TX: higher priced homes
Cities with Similar Populations
- Arnett, TX: equally priced homes
- Allakaket, AK: less expensive homes
- Alleene, AR: less expensive homes
- Alton, KS: less expensive homes
- Alton, WV: less expensive homes
- Zinnia, WV: less expensive homes
- Angora, NE: less expensive homes
- Angus, MN: less expensive homes
- Antioch, GA: less expensive homes
- Aonia, GA: less expensive homes
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