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Affordable
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These days, finding an affordable place to live in the Irene area can be challenging. Home prices in Irene are now at a median cost of $241,019, lower than the Texas average of $322,096.
The average cost of rent is $1,017/mo in Irene, primarily driven by the current value of real estate in the Irene area. In Irene, 13.06% of households rent, and 59.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Irene is $5,911 per month. Households that rent pay about 17.20% of their income on rent here. Irene’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Malone, TX: less expensive homes
- Brandon, TX: higher priced homes
- Mertens, TX: equally priced homes
- Bynum, TX: higher priced homes
- Pelham, TX: less expensive homes
- Frost, TX: less expensive homes
- Lone Cedar, TX: less expensive homes
- Penelope, TX: less expensive homes
- Spring Hill, TX: less expensive homes
- Dresden, TX: less expensive homes
Cities with Similar Populations
- Sepo, IL: less expensive homes
- Leatherwood, PA: less expensive homes
- Leeds Junction, ME: equally priced homes
- Leighton, TN: less expensive homes
- Lejunior, KY: less expensive homes
- Leland, WI: higher priced homes
- Lenox Center, OH: less expensive homes
- Leon, OH: less expensive homes
- Leoville, KS: less expensive homes
- Leroy, ND: less expensive homes
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