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These days, finding an affordable place to live in the Hedwig Village area can be challenging. Home prices in Hedwig Village are now at a median cost of $1,707,975, higher than the Texas average of $322,096.
The average cost of rent is $1,543/mo in Hedwig Village, primarily driven by the current value of real estate in the Hedwig Village area. In Hedwig Village, 30.94% of households rent, and 43.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hedwig Village is $19,233 per month. Households that rent pay about 8.02% of their income on rent here. Hedwig Village’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- West University Place, TX: less expensive homes
- Southside Place, TX: equally priced homes
Cities with Similar Populations
- Alpha, NJ: less expensive homes
- Ararat, VA: less expensive homes
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- Sears, MI: less expensive homes
- Remsen, IA: less expensive homes
- Poindexters, VA: less expensive homes
- Pioneer Village, KY: less expensive homes
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