The Most Affordable Neighborhoods in Homestead Meadows South, TX by Home Value

 

Homestead Meadows South, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Homestead Meadows South area can be challenging. Home prices in Homestead Meadows South are now at a median cost of $80,965, lower than the Texas average of $235,268.

The average cost of rent is $715/mo in Homestead Meadows South, primarily driven by the current value of real estate in the Homestead Meadows South area. While nearly 75.17% of residents own their homes outright in Homestead Meadows South, 24.07% rent.

Housing affordability isn’t just about home prices, though. The average household income in Homestead Meadows South is $3,401 per month. Households that rent pay about 21.03% of their income on rent here. Homestead Meadows South's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.


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