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These days, finding an affordable place to live in the Irving area can be challenging. Home prices in Irving are now at a median cost of $415,425, higher than the Texas average of $322,096.
The average cost of rent is $1,694/mo in Irving, primarily driven by the current value of real estate in the Irving area. In Irving, 61.88% of households rent, and 42.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Irving is $7,803 per month. Households that rent pay about 21.71% of their income on rent here. Irving’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Farmers Branch, TX: higher priced homes
- Euless, TX: less expensive homes
- Coppell, TX: higher priced homes
- Grapevine, TX: higher priced homes
- Cockrell Hill, TX: less expensive homes
- Highland Park, TX: higher priced homes
- Bedford, TX: less expensive homes
- University Park, TX: higher priced homes
- Addison, TX: equally priced homes
- Carrollton, TX: equally priced homes
Cities with Similar Populations
- Springfield, OR: less expensive homes
- St. George, UT: higher priced homes
- Rochester, NY: less expensive homes
- Richmond, VA: less expensive homes
- Rochester Hills, MI: equally priced homes
- Renton, WA: higher priced homes
- Salinas, CA: higher priced homes
- Rock Hill, SC: less expensive homes
- San Jose, CA: higher priced homes
- Roswell, GA: higher priced homes
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