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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 $222,762, lower than the Florida average of $396,783.
The average cost of rent is $865/mo in Houston, primarily driven by the current value of real estate in the Houston area. In Houston, 37.08% of households rent, and 41.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Houston is $5,309 per month. Households that rent pay about 16.29% of their income on rent here. Houston’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wellborn, FL: equally priced homes
- Mc Alpin, FL: equally priced homes
- Rixford, FL: less expensive homes
- Live Oak, FL: less expensive homes
- Suwannee Springs, FL: less expensive homes
- White Springs, FL: less expensive homes
- Suwannee Valley, FL: less expensive homes
- Winfield, FL: less expensive homes
- Newburn, FL: less expensive homes
- Five Points, FL: higher priced homes
Cities with Similar Populations
- Whiteford, MD: higher priced homes
- Salters, SC: less expensive homes
- Saltsburg, PA: less expensive homes
- Flat Rock, AL: less expensive homes
- Hughes Springs, TX: less expensive homes
- Indian Hills, KY: higher priced homes
- Ingalls, IN: equally priced homes
- Dundas, MN: higher priced homes
- Cunningham, TN: equally priced homes
- Valley Mills, TX: higher priced homes
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