
Affordable
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These days, finding an affordable place to live in the Hood area can be challenging. Home prices in Hood are now at a median cost of $267,500, lower than the Texas average of $322,096.
The average cost of rent is $1,537/mo in Hood, primarily driven by the current value of real estate in the Hood area. In Hood, 16.48% of households rent, and 56.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hood is $7,900 per month. Households that rent pay about 19.45% of their income on rent here. Hood’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Era, TX: equally priced homes
- Myra, TX: higher priced homes
- Rosston, TX: equally priced homes
- Prairie Point, TX: equally priced homes
- Muenster, TX: higher priced homes
- Freemound, TX: equally priced homes
- Lindsay, TX: higher priced homes
- Forestburg, TX: equally priced homes
- Valley View, TX: higher priced homes
- Gainesville, TX: less expensive homes
Cities with Similar Populations
- Lacey, AR: less expensive homes
- Kildare Junction, TX: less expensive homes
- Kingston, AR: equally priced homes
- Kirby, MT: less expensive homes
- Kirby, WY: equally priced homes
- Williams Mountain, WV: less expensive homes
- Willard, CO: equally priced homes
- Kobuk, AK: less expensive homes
- Kohatk, AZ: less expensive homes
- Kolter, LA: less expensive homes
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