Home Price Key
Affordable
Average
Expensive
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 $247,468, higher than the Texas average of $235,268.
The average cost of rent is $1,340/mo in Houston, primarily driven by the current value of real estate in the Houston area. While nearly 44.08% of residents own their homes outright in Houston, 41.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Houston is $6,702 per month. Households that rent pay about 19.99% of their income on rent here. Houston's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hilshire Village, TX: higher priced homes
- Hunters Creek Village, TX: higher priced homes
- Spring Valley, TX: higher priced homes
- Spring Valley Village, TX: higher priced homes
- Hedwig Village, TX: higher priced homes
- West University Place, TX: higher priced homes
- Piney Point Village, TX: higher priced homes
- Southside Place, TX: higher priced homes
- Bellaire, TX: higher priced homes
- Bunker Hill Village, TX: higher priced homes
Cities with Similar Populations
- Yuma, AZ: less expensive homes
- Worcester, MA: higher priced homes
- Yukon, OK: less expensive homes
- Yonkers, NY: higher priced homes
- Tomball, TX: higher priced homes
- Surprise, AZ: higher priced homes
- Suwanee, GA: higher priced homes
- Thousand Oaks, CA: higher priced homes
- Temecula, CA: higher priced homes
- Thornton, CO: higher priced homes
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