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These days, finding an affordable place to live in the Houston area can be challenging. Home prices in Houston are now at a median cost of $298,461, lower than the Delaware average of $361,617.
The average cost of rent is $1,272/mo in Houston, primarily driven by the current value of real estate in the Houston area. In Houston, 12.36% of households rent, and 35.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Houston is $6,440 per month. Households that rent pay about 19.75% of their income on rent here. Houston’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
- Sharon, WI: less expensive homes
- Hines, OR: less expensive homes
- Hinsdale, MA: equally priced homes
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- Amado, AZ: higher priced homes
- La Plata, MO: less expensive homes
- Level Plains, AL: less expensive homes
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