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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 $154,602, lower than the Mississippi average of $183,008.
The average cost of rent is $824/mo in Houston, primarily driven by the current value of real estate in the Houston area. In Houston, 30.41% of households rent, and 63.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Houston is $4,110 per month. Households that rent pay about 20.04% of their income on rent here. Houston’s most expensive areas are in the southwestern 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
- McCondy, MS: less expensive homes
- Sonora, MS: equally priced homes
- Woodland, MS: less expensive homes
- Pyland, MS: equally priced homes
- Sparta, MS: less expensive homes
- Thorn, MS: less expensive homes
- Van Vleet, MS: less expensive homes
- Vardaman, MS: less expensive homes
- Atlanta, MS: less expensive homes
- Loyd, MS: less expensive homes
Cities with Similar Populations
- Inverness, IL: higher priced homes
- Hamlin, NY: equally priced homes
- Hampden, ME: higher priced homes
- Hampton, NJ: higher priced homes
- Harrisville, UT: higher priced homes
- Hartland, MI: higher priced homes
- Hawkinsville, GA: equally priced homes
- Hazlehurst, MS: less expensive homes
- Headland, AL: higher priced homes
- Hickam Housing, HI: higher priced homes
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