Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Italy area can be challenging. Home prices in Italy are now at a median cost of $162,154, lower than the Texas average of $235,268.
The average cost of rent is $1,030/mo in Italy, primarily driven by the current value of real estate in the Italy area. While nearly 41.42% of residents own their homes outright in Italy, 32.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Italy is $4,808 per month. Households that rent pay about 21.42% of their income on rent here. Italy's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
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