Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hempstead area can be challenging. Home prices in Hempstead are now at a median cost of $188,276, lower than the Texas average of $235,268.
The average cost of rent is $990/mo in Hempstead, primarily driven by the current value of real estate in the Hempstead area. While nearly 57.42% of residents own their homes outright in Hempstead, 36.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hempstead is $5,082 per month. Households that rent pay about 19.47% of their income on rent here. Hempstead's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Pine Island, TX: higher priced homes
- Prairie View, TX: higher priced homes
- Cochran, TX: higher priced homes
- Raccoon Bend, TX: higher priced homes
- Waller, TX: higher priced homes
- Sauney Stand, TX: higher priced homes
- Monaville, TX: higher priced homes
- Chappell Hill, TX: higher priced homes
- Burleigh, TX: equally priced homes
- Hockley, TX: higher priced homes
Cities with Similar Populations
- River Oaks, TX: less expensive homes
- Millstadt, IL: higher priced homes
- Milltown, NJ: higher priced homes
- Milton, VT: higher priced homes
- Milton, WV: less expensive homes
- Monee, IL: higher priced homes
- Rhome, TX: higher priced homes
- Richland Hills, TX: equally priced homes
- Richmond Heights, MO: higher priced homes
- Richmond, MI: higher priced homes
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