Home Price Key
Affordable
Average
Expensive
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 $215,200, lower than the Texas average of $235,268.
The average cost of rent is $868/mo in Hope, primarily driven by the current value of real estate in the Hope area. While nearly 60.88% of residents own their homes outright in Hope, 10.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hope is $6,603 per month. Households that rent pay about 13.15% of their income on rent here. Hope's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Terryville, TX: less expensive homes
- Koerth, TX: equally priced homes
- Ezzell, TX: equally priced homes
- Yoakum, TX: less expensive homes
- Sweet Home, TX: less expensive homes
- Speaks, TX: equally priced homes
- Williamsburg, TX: equally priced homes
- Edgar, TX: less expensive homes
- Petersville, TX: less expensive homes
- Morales, TX: less expensive homes
Cities with Similar Populations
- Scullin, OK: less expensive homes
- Lancaster Crossroads, NC: less expensive homes
- Lancaster, TN: less expensive homes
- Leavenworth, MN: equally priced homes
- Lebanon, AL: less expensive homes
- Lebeau, LA: less expensive homes
- Lecta, OH: less expensive homes
- Lena, OH: less expensive homes
- Scholten, MO: less expensive homes
- Lamoille, NV: higher priced homes
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