Expensive
Affordable
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These days, finding an affordable place to live in the Hope area can be challenging. Home prices in Hope are now at a median cost of $239,000, lower than the Texas average of $322,096.
The average cost of rent is $2,087/mo in Hope, primarily driven by the current value of real estate in the Hope area. In Hope, 8.37% of households rent, and 66.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hope is $6,027 per month. Households that rent pay about 34.63% of their income on rent here. Hope’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Terryville, TX: less expensive homes
- Koerth, TX: higher priced homes
- Ezzell, TX: equally priced homes
- Yoakum, TX: less expensive homes
- Sweet Home, TX: higher priced homes
- Speaks, TX: equally priced homes
- Williamsburg, TX: equally priced homes
- Edgar, TX: less expensive homes
- Petersville, TX: less expensive homes
- Morales, TX: equally priced homes
Cities with Similar Populations
- Scullin, OK: equally priced homes
- Lancaster Crossroads, NC: less expensive homes
- Lancaster, TN: higher priced homes
- Leavenworth, MN: equally priced homes
- Lebanon, AL: less expensive homes
- Lebeau, LA: less expensive homes
- Lecta, OH: less expensive homes
- Lena, OH: equally priced homes
- Scholten, MO: equally priced homes
- Lamoille, NV: higher priced homes
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