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Affordable
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These days, finding an affordable place to live in the Hye area can be challenging. Home prices in Hye are now at a median cost of $482,275, higher than the Texas average of $322,096.
The average cost of rent is $1,321/mo in Hye, primarily driven by the current value of real estate in the Hye area. In Hye, 12.37% of households rent, and 53.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hye is $7,875 per month. Households that rent pay about 16.77% of their income on rent here. Hye’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Johnson City, TX: equally priced homes
- Stonewall, TX: higher priced homes
- Round Mountain, TX: higher priced homes
- Blumenthal, TX: equally priced homes
- Willow City, TX: higher priced homes
- Luckenbach, TX: less expensive homes
- Henly, TX: higher priced homes
- Cain City, TX: equally priced homes
- Fredericksburg, TX: equally priced homes
- Gold, TX: higher priced homes
Cities with Similar Populations
- Wall, PA: less expensive homes
- Cottle, WV: less expensive homes
- Couderay, WI: less expensive homes
- Cove, MN: less expensive homes
- Crawley, WV: less expensive homes
- Urbank, MN: less expensive homes
- Varney, MT: higher priced homes
- Verhelle, TX: less expensive homes
- Waco, KS: less expensive homes
- Cornersville, MS: less expensive homes
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