The Most Affordable Neighborhoods in Killeen, TX by Home Value

These days, finding an affordable place to live in the Killeen area can be challenging. Home prices in Killeen are now at a median cost of $210,589, lower than the Texas average of $322,096.

The average cost of rent is $1,453/mo in Killeen, primarily driven by the current value of real estate in the Killeen area. In Killeen, 50.00% of households rent, and 38.52% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Killeen is $5,723 per month. Households that rent pay about 25.39% of their income on rent here. Killeen’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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