Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Independence area can be challenging. Home prices in Independence are now at a median cost of $298,219, higher than the Texas average of $235,268.
The average cost of rent is $994/mo in Independence, primarily driven by the current value of real estate in the Independence area. While nearly 50.58% of residents own their homes outright in Independence, 21.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Independence is $6,860 per month. Households that rent pay about 14.48% of their income on rent here. Independence's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Sandy Hill, TX: less expensive homes
- William Penn, TX: less expensive homes
- Clay, TX: less expensive homes
- Gay Hill, TX: less expensive homes
- Cawthon, TX: higher priced homes
- Washington, TX: less expensive homes
- Wilcox, TX: less expensive homes
- Snook, TX: less expensive homes
- Millican, TX: higher priced homes
- Somerville, TX: less expensive homes
Cities with Similar Populations
- Foots Corners, NY: less expensive homes
- South Danby, NY: less expensive homes
- South Bombay, NY: less expensive homes
- Smithville, IL: less expensive homes
- Good Hope, MS: less expensive homes
- Geraldine, MT: less expensive homes
- Fort Lonesome, FL: less expensive homes
- Forked River Beach, NJ: equally priced homes
- Forestville, PA: less expensive homes
- Forest Grove, FL: less expensive homes
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